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5th October 2016, 01:34 PM
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Join Date: Mar 2013
Re: YUVA Loan SBI

SBI YUVA Home Loan provides 20% higher loan amount than that of normal Home Loan eligibility to Salaried employees of Private Sector Companies/MNCs/Government Undertakings/PSUs & the Government employees.

Features of the SBI YUVA Home Loan:

Targeted at people from the young income group, this loan scheme will provide 20% higher loan amount than the standard home loan schemes.

Under this scheme, only the interest charges are payable during the first 36 months of the loan tenure.

Payment of principal amount along with residual interest charges begins after this period.

Eligibility ;

Age between 21 years to 45 years

Minimum monthly net income from all sources (except rental income from the proposed property) should be at least Rs.30,000.

The applicant should be a salaried employee working in MNCs, Private sector companies, PSUs, Government undertakings

SBI YUVA Home Loan Interest Rate :

Category of Borrower Rate of Interest
Women 9.40% per annum
Any other applicant 9.45% per annum

SBI New MCLR Rates for Home Loans:

Loan Tenor MCLR Rate
Overnight 8.90%
1 Month 9.00%
3 Months 9.05%
6 Months 9.10%
1 Year 9.15%
2 Years 9.25%
3 Years 9.30%


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