SBI Lending Rates

1. Home Loans

Loan amount

Upto Rs.30 lacs

Above Rs. 30 lacs to Rs. 75 lac

Above Rs.75 lac to Rs.5 Cr.

Above 5 cr.

Interest rate during 1^styear     

8.75% .

8.75% .

10%

10.25%

Interest rate during 2^nd  & 3 rd year

9.50%.

9.50%

10%

10.25%

Interest rate from  4^th year onwards

9.75%

10.00%

10%

10.25%

2. Car Loans

Loan amount

Below  Rs.5 lacs

Rs.5 lacs and above

Interest rate during 1^styear     

9.25% p.a.

9.25% p.a.

Interest rate during 2^nd  & 3 rd year

10.25% p.a.

10.25% p.a.

Interest rate for 4^th & 5^th year

11.25%

11.00%

Interest rate for 6^th & 7^th year

11.25%        

11.00%          

Used Cars

Up to 3 years

15.50 %

Above 3 years and upto 7 years

15.75 %

3. Two wheeler 

Upto 3 years  

16.50%

4. Education loans

SBI Student Loans*

upto Rs.4 Lac –   12.00%

Loans above Rs.4 Lac  and upto 7.50 lacs – 13.50%

Loans above Rs.7.5. Lac- 12.5%

5. Personal loans

Xpress credit (Demand Loan)

13.25% TO 15.25%

Xpress credit (Overdraft)

No Overdraft

SBI Saral

16.75%

6. Loans against NSCs/KVPs/RBI Relief Bonds/Surrender value of SBI Life/LIC/SBI Magnums etc.

Upto 3 years

12.75%

More than 3 years and upto 6 years

12.75%

7. Loans against Gold Oranaments

Upto Rs.1 lac:12.50%

Above Rs.1 lac:13%