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State Bank of Travancore (SBT) Home Loan, Interest Rate and EMI Calculator

State Bank of Travancore Home Loan – Get Instant Quick & Easy Approval on SBT Home Loan. Loansninsurances.com provide a simple tool to calculate your Home Loan EMI on the basis of✓Interest Rate✓Loan Tenure✓Processing Fee✓Eligibility✓Best Offers & more.

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State Bank of Travancore Home Loan

State Bank of Travancore has extensive home loan products to offer its customers at attractive rates of interest. SBT Home Loan can be used for several home based purposes. State Bank of Travancore has varied and unmatched home loan products such as SBT Housing Loan, SBT Maxgain, SBT Flexipay home loan, SBT Housing for All and much more.. Check your Home Loan Eligibility with SBT Home Loan Eligibility Products and avail your home loan with an advantage of EMIs payment through the customer’s linked savings account in SBT branch.

State Bank of Travancore Home Loan Interest Rate

Interest Rate 9.20% Onwards
Processing fee range Upto Rs.25,000: NIL, Rs.25,001 to Rs.2.00 lacs: Rs. 500/
Above Rs.2.00 lacs: 0.50% of the loan amount + S.T., with a maximum of Rs. 10,000/
Loan Amount Max. Rs. 500 Lakhs
Tenure 30 years to 45 years

State Bank of Travancore Home Loan EMI Calculator

State Bank Of Travancore Home Loan EMI Calculator

Fill Loan Amount, Interest rate & Tenure in Fields & get Instant Calculation for Home loan emi within seconds.
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State Bank Of Travancore Home Loan Schemes

1) NAMUKKUM ORU VEEDU – Housing For All (Urban)

  • To provide home loan with Central Government Subsidy to EWS/LIG persons for acquisition/construction of house/repair or extension of house.

  • Applicant having no house in his/her name or in the name of his/her spouse or any dependent child or any member of his /her family in any part of India.

  • Applicant own a land but have no pucca house.

  • Loan repayment period is 15 years (max.)

  • Processing charges nil.

2) SBT Max Gain Home Loan

  • Loan for Construction/ purchase/ repair/ renovation/ alteration/ of a house/ purchase of plot and construction of house with or without bank finance.

  • Loan can be availed by Residents/ NRIs having regular income and 3 year experience.

  • Loan must be fully repaid before the borrower attains the age of 70.

  • Loan Margin 20% to 25%

  • Loan repayment period is up to 30 years (Max.)

State Bank Of Travancore Home Loan Eligibility

  • All Indian Residents with a minimum net monthly income of Rs. 12,000/- and Non-Resident Indians with a regular net monthly income of Rs. 15,000/-.

  • Spouses of Non-Residents, who are residents and receiving regular monthly income.

  • Salaried persons, self employed businessmen, professionals and agriculturists, who have regular monthly income and have a minimum of three years of standing / experience in their works.

  • Applicant should be of 18 years. The borrower should be able to close the account before he attains the age of 70.

  • Maximum 3 co-borrowers are possible to include.

  • NO Margin.

State Bank Of Travancore Home Loan Documents Required

  • Filled in Application from along with 3 passport size photographs.

Salaried persons

  • Salary certificate showing deductions.

  • Authorization to deduct monthly installments from the salary of employee for credit of the loan account wherever available.

Self employed / professional / business men

  • Audited accounts and Balance Sheets/ income tax assessment orders/ Returns/ Memo,

  • Statements of computation of taxable income filed for the last 3 years.

DOCUMENTS REQUIRED FOR CONSTRUCTION / IMPROVEMENT OF HOUSES

  • A copy of the plan inclusive of site plan approved by the Corporation/ Municipality/ Development Authority/ Panchayat as required.

  • A copy of the building permit issued by the Corporation/ Municipality / Panchayat as required. In areas where building permit is not required a No Objection Certificate from the authority concerned.

  • Estimate approved by licensed Engineers/Architects approved by local bodies.

  • Original and prior title deeds.

  • Latest tax receipts.

  • Possession Certificate.

  • Encumbrance certificate from the Sub Registrar for the last 31 years.

  • Title clear certificate from the banks approved advocate.

  • Valuation report from the banks approved valuator.

  • An affidavit cum Undertaking from the person that he shall not violate the sanctioned plan.

DOCUMENTS TO BE SUBMITTED FOR PURCHASE OF HOUSES / FLATS

  • A copy of the agreement for sale.

  • A copy of the Title deeds of the present owner.

  • A copy of the land tax receipt.

  • A copy of the building tax receipt.

  • Last 31 years Encumbrance certificate received from the Sub Registrar

  • Title clear certificate from the banks approved advocate.

  • Valuation report of the property and building from the banks approved valuator.

State Bank of Travancore Home Loan PrepaymentsCharges applicable as per bank’s norms.


SBT HOME LOAN INTEREST RATES SEPTEMBER 2018

Loan Types Rate Of Interest
 SBT Housing Loan
Up to 75 lakhs 9.60%
Above 75 lakhs 9.85%
SBT Maxgain
Up to 75 lakhs 10.10%
Above 75 lakhs 10.35%
SBT Flexipay Housing Loan
Up to 75 lakhs 9.60%
Above 75 lakhs 9.85%
SBT GOK Housing Loan 11.35%
SBT Housing for All 9.60%