The SBI Home Loan Calculator


SBI provides a number of home loan plans at low rates to qualified salaried and self-employed customers. SBI home loan eligibility is determined by age, wages, employment, property type, and credit score. These requirements may fluctuate from client to client depending on your eligibility. For example, if you wish to apply for the SBI Flexipay Home Loan, you must be at least 45 years old. Moreover, you can use the SBI home loan eligibility calculator to determine your eligibility based on the requirements given above. Also, it is advisable for you to check the eligibility requirements of the bank before applying for the home loan in order to avoid rejection. It is also important for you to check CIBIL score online before applying.

Eligibility Criteria

The SBI home loan qualifying conditions for self-employed persons are as follows. If you are self-employed, you must fulfil the following eligibility conditions in order to qualify for an SBI Home Loan: 

  • Minimum age to apply is set at 18 years old, 
  • While the maximum age is 70 years old. 
  • The maximum loan amount can be INR 25 lakh to INR 70 lakh
  • Applicant’s CIBIL Scores should be atleast 650 or higher

In addition to the qualifications listed above, if you are a partner, proprietor, or one of the directors of a company, it must have been in existence for at least three years. In addition, the firm should have turned a profit in the prior two years. Furthermore, if the proposed property is acquired jointly by the proprietary firm and the proprietor, the company should be debt-free or have a bank loan in place.

Factors That Can Influence Your Eligibility

The borrower’s income and capacity to repay the loan determine SBI Housing loan eligibility. Age, financial status, credit history, credit score, and other financial obligations can all impact home loan eligibility. 

The following factors may impact your home loan eligibility: 


Your age has a big influence on your qualifying and repayment capacity for a house loan. The younger you are, the longer you will have to repay the loan and, as a result, the larger the house loan amount you will be eligible for. The minimum SBI house loan age limit is 10 years, and the maximum age restriction is 70 years at the start of your loan duration. SBI offers house loans with a maximum tenure of 30 years, subject to the borrower’s age at the conclusion of the period not exceeding 70 years. 

Net Monthly Income

Your income provides a snapshot of your lifestyle and how you manage your daily costs. Your net monthly income decides how much SBI house loan EMI you are capable of paying after meeting all living expenses, based on your way of life.


SBI will consider whether you are salaried or self-employed, as well as your firm and sector. It will also consider your years of experience to determine whether you have a secure employment and income. SBI requires a minimum income history and employment stability of more than two years for salaried workers, and a minimum of five years for self-employed individuals.

How to use the SBI Home Loan Calculator?

To use the SBI house loan calculator, complete the procedures outlined below to determine your eligibility for an SBI home loan: 

  • Visit the SBI website. 
  • Now navigate to the desired option. SBI mortgage loan 
  • To determine your eligibility, use a home loan eligibility calculator. 
  • Fill up the necessary details, such as loan amount, salary, and age. 

However, if you want to apply for a house loan with SBI, you may do so by calling their toll free number, which is listed on the official SBI Bank website. Also, you should have all the required documents in proper condition before applying for the home loan. You can also make a CIBIL score login to make sure that your credit report is free from any kind of errors before applying for the home loan.