SBI Tribal plus Home Loan can be availed for the purpose of purchase or construction of a new house / flat (without mortgage of land), purchase of an existing (old) house / flat which is not more than 10 years old, and repair /renovation/extension of an existing house or flat. This scheme is available at all the SBI branches in these areas.
*Interest rate will vary as per the risk score of the customer
** Based on LTV of the Customer
Consolidated Processing Fee structure (including Advocate Fee and Valuer Fees) will be as under:
“0.40% of the loan amount plus applicable GST subject to a minimum of Rs 10000/- and maximum of Rs 30000/- plus GST.
However, for builder tie up projects where individual TIR and Valuation Is not required: 0.40% of loan amount subject to max. recovery of Rs. 10000/- plus applicable tax.
And, if TIR and Valuation is required, then normal charge as mentioned above will be applicable.
List of papers/ documents applicable to all applicants:
Income Proof for Salaried Applicant/ Co-applicant/ Guarantor:
Income Proof for Non-Salaried Applicant/ Co-applicant/ Guarantor: