Welcome to SBI Home Loan...SBI Max Gain Home Loans -
HOME LOAN AS AN OVERDRAFT
- An innovative and customer-friendly product enabling the customers to earn optimal yield on their savings by reducing interest burden on Home Loans, with no extra cost.
- The loan is sanctioned as an Overdraft with added flexibility to operate the Home Loan Account like SB or Current Account. Bank also provides Cheque Book/ATM-cum-Debit Card/Net Banking facility for the purpose.
- The product enables customers to park their surplus funds/savings in "SBI Maxgain" (with an option to withdraw whenever required), especially in the wake of low yields on other Deposit/Investment products.
- Minimum Loan Amount 5 Lacs
- Maximum Loan Amount - No Limit
- A premium of 0.25% over and above the applicable Home Loan interest rate for Home Loan > Rs.1 crore is payable.