according to
For website, home and home related loans (other than takeover), the bank has waived 50% of the basic processing fee. The bank has waived 100% of the basic processing fee for home loan takeover and related top ups.
Advocate and Valuer Fee- There is no change in the actual cost, which will be charged to the customer and will be charged separately.
According to the SBI Card rates page on its website, its basic processing fee is 0.35% of the loan amount plus applicable GST, minimum applicable GST of Rs 2,000 plus applicable GST and maximum of Rs. 10,000/- plus applicable GST.
Other Home Loan Charges
Other fees and charges are applicable when availing a home loan. These fees will vary between lenders. Additionally, some lenders may charge separate fees while others may charge individual lenders together. While some fees are tied up as a fixed percentage of the home loan balance, others are not.
Other charges include login fee, technical evaluation fee, legal fee, franking fee, pre-EMI fee, statutory or regulatory fee, revaluation fee, insurance premium, notary fee and adjudication fee.
Read more:
Home Loan Charges 2022: Know the total cost of your loan before applying
latest SBI Home Loan Rate of interest
SBI External Benchmark Linked Lending Rate: As per SBI website, effective June 15, 2022, the bank’s EBLR is 7.55% + CRP. RLLR is 7.15%+CRP. However, risk premium will be charged on the basis of credit score.
SBI Marginal Cost of Funds Based Lending Rates: SBI has increased the marginal cost of funds based lending rates (MCLR) by 0.10 per cent with effect from July 15, 2022.
Read also:
SBI Home Loan Interest Rates