As per Sec. 80EE, only the following conditions are to be complied to claim deduction:
- Value of the house should be Rs 50 lakhs or less
- Loan taken for the house must be Rs 35 lakhs or less
- The loan must be sanctioned by a Financial Institution or a Housing Finance Company
- The loan must be sanctioned between 01.04.2016 to 31.03.2017
- As on the date of the sanction of loan, no other house property must be owned by you
Also note that this deduction (up to Rs. 50,000) is over and above the Rs 2 lakh limit under section 24 of the income tax act.
Hence, you can claim the Interest over and above Rs.2.00 Lakh under Sec. 80EE even after transfer of loan to SBI.