State Bank of India (SBI) is India’s largest lender for individuals and business needs. SBI has options with competitive loan interest rates whether you want to buy a home, purchase a vehicle, pursue higher education or need funds for personal reasons In this article, we will tell you how much loan interest rate SBI Bank charges on different types of loans.
Table of Contents
š SBI Home Loan Interest Rates (2025)
SBI remains a good option for home buyers due to its attractive rates. The interest rates of SBI home loan are as follows:
| Loan Type | Interest Rate (per annum) | Loan Amount |
| Flexipay Home Loan | 8.40% ā 9.15% | Custom repayment options |
| Regular Home Loan | 8.40% ā 9.15% | Up to ā¹10 crores |
| NRI Home Loan | 8.40% ā 9.25% | Based on income profile |
Key Features:
- Special rates for women borrowers
- Zero charges on certain schemes
- No hidden charges
š§¾SBI Personal Loan Interest Rates (2025)
SBI offers personal loan for various needs like emergency, marriage, medical expenses etc.
| Loan Type | Interest Rate (per annum) | Loan Amount |
| Personal Loan | 9.90% onwards | Based on eligibility |
| SBI Xpress Credit | 11.00% ā 14.00% | Up to ā¹20 lakhs |
Highlights :
- Quick disbursement within 24 hours
- Minimal documentation
šSBI Car Loan Interest Rates (2025)
SBI provides loans to new and old car buyers as per their convenience. This makes it easier for vehicle customers to buy a car. This loan is something like this:
| Loan Type | Interest Rate (per annum) | Loan Amount |
| New Car Loan | 8.75% ā 9.65% | Up to 90% of on-road price |
| Used Car Loan | 11.00% ā 12.50% | Up to ā¹15 lakhs |
Benefits :
- No prepayment penalty
- Repayment period up to 7 years
- Instant approval processing
šļøSBI Business Loan Interest Rates (2025)
SBI provides various types of loans for MSMEs to enhance business growth. These loans are as follows:
| Loan Type | Interest Rate (per annum) | Loan Amount |
| SME Smart Score | Based on CIBIL Score | Collateral-free loans |
| MSME Loans | 9.50% ā 13.25% | Up to ā¹50 crores |
Benefits:
- Personalized solutions for various industries
- Fast processing and affordable prices
- Loans as per Government schemes
šSBI Education Loan Interest Rates (2025)
SBI provides different types of loans to students to pursue higher education. These loans are something like this which helps students to pursue higher education.
| Loan Type | Interest Rate (per annum) | Coverage |
| Student Loan Scheme | 9.30% ā 10.50% | Studies in India |
| Scholar Loan | As low as 8.15% | Premier institutions in India |
Benefits:
- Moratorium period (course duration + 6 months to 1 year)
- Concession for female students (0.50%)
- Income tax benefits under Section 80E
šHow to Complete an Online SBI Loan Application
- Go to the official SBI website.
- Proceed to the “Loans” area.
- Choose the loan kind that you want.
- Complete the application and attach supporting documentation.
- Check the status of your application online.
š°Factors Influencing Interest Rates on SBI Loan
- Credit Score (CIBIL): Lower interest rates are the outcome of higher credit scores.
- Loan Amount and Tenure: Longer loan terms and larger loan amounts may have an impact on rates.
- Loan Type and Scheme Selected: Special plans could provide discounted interest rates.
- Client Profile: Government employee, pensioner, self-employed, or salaried.
ā Conclusion:
In 2025, SBI will still provide some of the most affordable loan interest rates thanks to its broad presence, trust, and openness. SBI is a trustworthy partner in your financial journey, whether you’re financing your startup or designing your ideal home.
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