State Bank of India sets the market benchmark for loan rates. Its starting rates are usually among the lowest, especially for women borrowers and lower-income segments. Calculate your EMI at SBI's indicative rates below.
Indicative SBI interest rates (August 2026)
| Loan Type | Indicative Rate (onwards) |
|---|---|
| Home Loan | ~8.75% p.a. |
| Personal Loan | ~12.5% p.a. |
| Car Loan | ~8.9% p.a. |
| Education Loan | ~8.5% p.a. |
| Gold Loan | ~8.4% p.a. |
| Business Loan | ~10.5% p.a. |
| LAP Loan | ~9.6% p.a. |
Eligibility (typical)
Salaried: 21–58 years, CIBIL 750+ for the best rate. Self-employed: 2 years ITR + business proof. Home loan up to 75–90% of property value; special schemes for women and low-income segments.
Application process
Apply via YONO app or sbi.co.in → instant eligibility for pre-approved customers → upload documents → verification (income + property for home loans) → sanction → disbursal (home loans ~1–2 weeks).
Tips before you apply
Women borrowers usually get a 0.05% rate concession — apply in the woman's name if eligible. MaxGain home loan is brilliant if you keep surplus cash in the linked account. Education loan: check interest subsidy schemes.
Frequently Asked Questions
A> SBI typically offers a 0.05% concession to women borrowers, bringing the starting rate slightly below the standard ~8.75% (Aug 2026, indicative).
A> A home loan with an in-built overdraft: surplus cash parked in the linked account instantly reduces the principal (and interest) while staying withdrawable.
A> Yes — SBI Scholar covers domestic and abroad studies with competitive rates and repayment starting after the course (moratorium).
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