Other Schemes Available at SBI

Avail the best scheme suiting your needs!

There are many schemes available with SBI, suiting the needs of the customers. Some of them are – SBI Maxgain, SBI Suraksha. SBI also offers schemes like Credit Risk Guarantee Fund Trust for Low Income Housing in Urban Areas (CRFGTLIH) etc

  • SBI Suraksha

    Under ‘SBI – Maxgain’ Home Loans will be sanctioned as an Overdraft. While customers will have to remit the Equated Monthly Instalments (EMIs) as in the case of usual Home Loans, the Drawing Power on the Overdraft will be reduced on monthly basis to the extent of the principal component of the EMI so that the Overdraft is liquidated at the end of the loan tenure. (Interest component of the EMI remitted will service the interest obligations).

SBI offers life insurance linked to the housing loan. The premium of RinN Raksha is funded by SBI and the repayment is spread over the entire tenor of the loan in EMIs. This facility will be available to new Home Loan accounts and to an existing Home Loan in case the customer now opts to avail SBI Life cover.