When you’re thinking about getting a home loan, the first thing you need to do is check your credit score. Banks really pay attention to it—it tells them if you can handle borrowing money and paying it back on time. A solid credit score matters a lot for home loans. If your score’s high, you get lower interest rates and can borrow more money, too. Different banks have their own interest rates and fees, so it makes sense to shop around and see who offers the best deal before you sign anything.
Now, about SBI’s home loan rates—these usually sit somewhere between 7.50% and 8.70%. If you’re looking at the highest rates, they go from 7.75% up to 8.95%. Top-up loans? Those start at 8% and can go as high as 10.75%. If you’re considering a top-up on your home loan, expect rates between 8.25% and 9.45%. For loans against property, the range is 9.20% to 10.75%. Reverse mortgage loans can go up to 10.55%. And if you’re eyeing an InstaHome top-up, interest rates reach up to 8.35%.
📊 Home Loan Rates September 2025: Interest Rates Compared
1️⃣ SBI ~7.5% to 8.7%
2️⃣ HDFC Bank ~7.9%
3️⃣ Bank Of Baroda ~7.45%
4️⃣ Bank of Maharashtra ~7.35%
5️⃣ Axis Bank ~7.7%
6️⃣ ICICI Bank ~7.7%
7️⃣ Canara Bank ~7.4% to 10.2%
8️⃣ Punjab National Bank ~7.45%
9️⃣ SURYODAY ~10% to 13%… https://t.co/Eeghz38QSR pic.twitter.com/dusZezT6YI— The Indian Investor (@Anvith_) September 4, 2025
SBI home loan interest rates reduced. Get your dream home at 6.70%* onwards.
What are you waiting for?
Apply Now at https://t.co/NeeHLbqxMh
*T&C Apply.#SBI #StateBankOfIndia #HomeLoan pic.twitter.com/P8T4BBk7vg— State Bank of India (@TheOfficialSBI) March 1, 2021
Let’s say you want to buy a house for Rs 60 lakh and you take a home loan from SBI for 30 years at 8% interest. Your EMI will be Rs 44,026 a month. Over 30 years, you end up paying Rs 98,49,315 in total. If you lock in a rate of 7.5% instead, your monthly payment drops to Rs 41,953, and over time, you’ll pay a total of Rs 91,333.
