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Interest Rates

Interest Rates for the purpose of computing perquisite valuation

Home Loans (Term Loan)

Interest rates on 1st April 2025 for the purpose of computing perquisite valuation

Interest Rates on 1st APRIL, 2024 For the purpose of computing perquisite valuation

ROI FOR REH PRODUCTS WEF 01.04.2024

RBI REPO : 6.5%/BANK MARKUP / SPREAD : 2.65%/EBR : 9.15%

REGULAR HOME LOAN INCLUDING FLEXIPAY, NRI, NON-SALARIED PRIVILEGE / SHAURYA, APON GHAR

CIBIL SCORE	APP CRP	BSD	TERM LOAN		MAX GAIN
CIBIL SCORE	APP CRP	BSD	CRP	EFF RATE	CRP + PREM	EFF RATE
> = 800	0.00%	0.00%	0.00%	9.15%	0.40%	9.55%
750 - 799	0.10%	-0.10%	0.10%	9.15%	0.50%	9.55%
700 -749	0.20%	0.00%	0.20%	9.35%	0.60%	9.75%
650 - 699	0.30%	0.00%	0.30%	9.45%	0.70%	9.85%
550 - 649	0.50%	0.00%	0.50%	9.65%	0.90%	10.05%
< 550	1.00%	0.00%	1.00%	10.15%	1.40%	10.55%
NTC = "101-150"	0.30%	0.00%	0.30%	9.45%	0.70%	9.85%
NTC = "151-200"	0.20%	0.00%	0.20%	9.35%	0.60%	9.75%
NTC / NO SCORE / -1	0.20%	0.00%	0.20%	9.35%	0.60%	9.75%

CRE HOME LOAN INCLUDING FLEXIPAY, NRI, NON-SALARIED PRIVILEGE / SHAURYA, APON GHAR

CIBIL SCORE	APP CRP	BSD	TERM LOAN		MAX GAIN
CIBIL SCORE	APP CRP	BSD	CRP	EFF RATE	CRP + PREM	EFF RATE
> = 800	0.00%	0.00%	0.20%	9.35%	0.50%	9.65%
750 - 799	0.10%	-0.10%	0.30%	9.35%	0.60%	9.65%
700 -749	0.20%	0.00%	0.40%	9.55%	0.70%	9.85%
650 - 699	0.30%	0.00%	0.50%	9.65%	0.80%	9.95%
550 - 649	0.50%	0.00%	0.70%	9.85%	1.00%	10.15%
< 550	1.00%	0.00%	1.20%	10.35%	1.50%	10.65%
NTC = "101-150"	0.30%	0.00%	0.50%	9.65%	0.80%	9.95%
NTC = "151-200"	0.20%	0.00%	0.40%	9.55%	0.70%	9.85%
NTC / NO SCORE / -1	0.20%	0.00%	0.40%	9.55%	0.70%	9.85%

TOPUP LOAN

CIBIL SCORE	APP CRP	BSD	TERM LOAN		OVERDRAFT
CIBIL SCORE	APP CRP	BSD	CRP	EFF RATE	CRP + PREM	EFF RATE
> = 800	0.00%	0.00%	0.40%	9.55%	0.70%	9.85%
750 - 799	0.10%	-0.10%	0.50%	9.55%	0.80%	9.85%
700 -749	0.20%	0.00%	0.60%	9.75%	0.90%	10.05%
650 - 699	0.30%	0.00%	0.70%	9.85%	1.00%	10.15%
550 - 649	0.50%	0.00%	1.00%	10.15%	1.30%	10.45%
< 550	1.00%	0.00%	1.10%	10.25%	1.40%	10.55%
NTC = "101-150"	0.30%	0.00%	0.70%	9.85%	1.00%	10.15%
NTC = "151-200"	0.20%	0.00%	0.60%	9.75%	0.90%	10.05%
NTC / NO SCORE / -1	0.20%	0.00%	0.60%	9.75%	0.90%	10.05%

REALTY LOAN

CIBIL SCORE	APP CRP	BSD	TERM LOAN		CRE TERM LOAN
CIBIL SCORE	APP CRP	BSD	CRP	EFF RATE	CRP + PREM	EFF RATE
> = 800	0.00%	0.00%	0.30%	9.45%	0.50%	9.65%
750 - 799	0.10%	-0.10%	0.40%	9.45%	0.60%	9.65%
700 -749	0.20%	0.00%	0.50%	9.65%	0.70%	9.85%
650 - 699	0.30%	0.00%	0.60%	9.75%	0.80%	9.95%
550 - 649	0.50%	0.00%	0.70%	9.85%	0.90%	10.05%
< 550	1.00%	0.00%	1.50%	10.65%	1.70%	10.85%
NTC = "101-150"	0.30%	0.00%	0.60%	9.75%	0.80%	9.95%
NTC = "151-200"	0.20%	0.00%	0.50%	9.65%	0.70%	9.85%
NTC / NO SCORE / -1	0.20%	0.00%	0.50%	9.65%	0.70%	9.85%

TRIBAL PLUS

CIBIL SCORE	APP CRP	BSD	TERM LOAN
CIBIL SCORE	APP CRP	BSD	CRP + PREM	EFF RATE
> = 800	0.00%	0.00%	0.10%	9.25%
750 - 799	0.10%	-0.10%	0.20%	9.25%
700 -749	0.20%	0.00%	0.30%	9.45%
650 - 699	0.30%	0.00%	0.40%	9.55%
550 - 649	0.50%	0.00%	0.60%	9.75%
< 550	1.00%	0.00%	1.10%	10.25%
NTC = "101-150"	0.30%	0.00%	0.40%	9.55%
NTC = "151-200"	0.20%	0.00%	0.30%	9.45%
NTC / NO SCORE / -1	0.20%	0.00%	0.30%	9.45%

P-LAP(for All Borrowers inclusive of Salaried / Non-Salaried & Income from Salary / Rental Income)

CIBIL SCORE	APP CRP	BSD	TERM LOAN
CIBIL SCORE	APP CRP	BSD	CRP	EFF RATE
> = 800	0.00%	0.00%	1.75%	10.90%
750 - 799	0.10%	-0.10%	1.85%	10.90%
700 -749	0.20%	0.00%	1.95%	11.10%
650 - 699	0.30%	0.00%	2.05%	11.20%
550 - 649	0.50%	0.00%	2.15%	11.30%
< 550	1.00%	0.00%	2.50%	11.65%
NTC = "101-150"	0.30%	0.00%	2.05%	11.20%
NTC = "151-200"	0.20%	0.00%	1.95%	11.10%
NTC / NO SCORE / -1	0.20%	0.00%	1.95%	11.10%

SMART HOME TOPUP				REVERSE MORTGAGE LOAN				EMD		INSTA TOPUP YONO & INB			HL FOR EMP OF GOVT OF KERALA
TERM LOAN		OVERDRAFT		PUBLIC		STAFF		TERM LOAN		OVERDRAFT			TERM LOAN		MAX GAIN
CRP	EFF RATE	CRP	EFF RATE	CRP	EFF RATE	CRP	EFF RATE	CRP	EFF RATE	CRP	CONV FEE	EFF RATE	CRP	EFF RATE	CRP	EFF RATE
0.60%	0.60%	1.00%	1.00%	2.40%	2.40%	1.40%	1.40%	3.80%	3.80%	0.50%	0.10%	0.60%	0.15%	0.15%	0.55%	0.55%

IMPORTANT INSTRUCTIONS

NO HOME LOANS TO BE SANCTIONED FOR CIBIL SCORE BELOW "550"

1) 0.05% CONCESSION AVAILABLE TO WOMEN BORROWERS SUBJECT TO MINIMUM EBR i.e 9.15%
2) PREMIUM OF 0.10% TO CARD RATE FOR LOANS UPTO RS. 30 LACS FOR LTV > 80% & <= 90%
3) TOPUP LOAN ABOVE RS. 2.00 CRORES NOT PERMITTED UNDER OVERDRAFT
4) 0.05% CONCESSION UNDER PRIVILEGE & SHAURYA HL & Apon Ghar HL
5) INTEREST RATE ON TOPUP LOAN SHOULD NEVER BE BELOW THE RATE OF INTEREST CHARGED ON THE UNDERLYING HOME LOAN (IF UNDERLYING HL IS AT HIGHER ROI FOR AN INFERIOR CIBIL AND LOWER ROI IS APPLICABLE ON TOPUP LOAN BECAUSE OF IMPROVEMENT IN CIBIL SCORE - THE ROI ON TOPUP LOAN WILL BE MINIMUM THE ROI CHARGED ON HOME LOAN
6) INTEREST RATE ON SURAKSHA LOAN ACCOUNTS WILL BE AS PER THE UNDERLYING HOME LOAN ACCOUNT INTEREST RATE"

Interest Rates on 1st APRIL, 2023 For the purpose of computing perquisite valuation

Interest Rates on 1st APRIL, 2022 For the purpose of computing perquisite valuation

ROI FOR REH PRODUCTS WEF 01.04.2022

EBR @ 6.65 A (Repo Rate- 4.00 % +2.65%)

HOME LOANS(Term Loans)

Step Up CRP Based On Credit Score (CIBIL):

Loan Amt	CRP linked to Credit score
All Loan Limits Irrespective of Salaried and Non- Salaried /ProfessionaI & self- employed etc	Credit score (CIBIL)	Step up CRP starting Rate: 6.65 + 0.00 = 6.65 %	Effective Rate
	>=800	EBR + 00 bps	ER 6.65 %
	750—799	EBR + 10 bps	ER 6.75 %
	700—749	EBR + 20 bps	ER 6.85%
	650 — 699	EBR + 30 bps	ER 6.95%
	0 — 649	EBR + 50 bps	ER 7.15 %
	NTC / No CIBIL score /-1	EBR + 20 bps	ER 6.85 %
	<550	Not eligible

HOME LOANS (MAXGAIN)

40 bps over applicable Home- Term loan interest rate for all loan limit (>=Rs 20 lacs & upto Rs 3 crs).

Other Conditions Applicable:

1	05 bps concession will be available to women subject to minimum EBR i.e 6.65%
2	A premium of 10 bps will be added to the Card Rate for Loan up to Rs 30 Lacs if LTV ratio is >80% & <=90%.
3	Minimum threshold for CIBIL score is 550, below which NO LOAN will be sanctioned

Discontinued I NOT applicable any longer - Remaining conditions (05 bps concession for digitally sourced loan in YONO, premium of 10 bps for customer who falls under RG (4 to 6), premium of 15 bps for non-salaried customers etc )}

OTHER HOME LOAN VARIANTS

Other HL Product	ROI Structure wef 01.04.2022
CRE Home Loan	Term Loan - An additional 20 bps premium will be added to the applicable home loan (TL) ROI. Maxgain - An additional 50 bps premium will be added to the applicable home loan (TL) ROI.
Privilege Scheme & Shaurya Scheme	5 bps concession over applicable home loan rates if Maintaining salary a/c with SBI under salary packages. (Subject to Effective rate NOT below EBR, presently 6.65%).
Realty Loans	CIBIL Score	CRP	ER
	>=800	EBR + 0.30%	6.95%
	750 - 799	EBR + 0.40%	7.05%
	700 - 749	EBR + 0.50%	7.15%
	650 - 699	EBR + 0.60%	7.25%
	550 - 649	EBR + 0.70%	7.35%
	NTC	EBR + 0.50%	7.15%
	<550	Not eligible
	Step up CRP based on Credit score-
Tribal Plus	(No change) An additional 10 bps will be added to the final rate.
Home loan to Kerala Govt	(No change)EBR+15 bps ER : 6.80%
Apon Ghar	(No change) The rate applicable will be as applicable to the beneficiaries of SBI Privilege Scheme.
Suraksha Loans	(No change) Same rate as applicable to underlying home loan account
RML	(No change) For Public: EBR + 240 bps ER: 9.05% For SBI staff Pensioners : EBR + 140 bps ER : 8.05%
EMD	(No change) EBR + 380 bps ER : 10.45%
Flexipay, NRI, PMAY,Differential Offerings	As per Home Loans rates

HOME TOP UP LOANS ROI Structure wef 01.04.2022

Loan Amt	TERM LOAN			OVER DRAFT
All Loan Limits	Increment /zasez/ on current CIBIL score as under :			Upto Rs 20 lacs) - NA
	Not below the underlying home loan rate			Loan amt >= 20 lacs & upto Rs 2 crs - 30 bps over applicable TL top Up Rate {ER 7.35% to 7.95 %}
	Current CIBIL score	Increment	ER	(loan a6ove Rs 2 cr) — NA
	>=800	EBR + 40 bps	7.50%
	750 to 799	EBR + 50 bps	7.15%
	700 to 749	EBR + 60 bps	7.25%
	650 to 699	EBR + 70 bps	7.35%
	550 to 649	EBR + 100 bps	7.65%
	<550	Not eligible

Other Top Up Loans (Loan Quantum Upto Rs 8 lacs)

Type of Top Up	Term Loan		Overdraft
	CRP	ER	CRP	ER
Yono Insta Top Up	NA	NA	EBR + 50 bps + Convenience fee 10 bps	7.25%
Insta Home top up	NA	NA	EBR + 50 bps + Convenience fee 10 bps	7.25%
Smart Top Up	EBR+ 60 bps	7.25%	EBR + 100 bps	7.65%

P-LAP ROI Structure wef 01.04.2022

Loan Amt/borrower type	Step Up CRP Based On Credit score (CIBIL) score
All Loan Limits irrespective of Salaried / Non- Salaried and residential / commercial property etc	Credit score	Step up CRP	Effective Rate
	>=800	EBR + 175 bps	ER 8.40 %
	750 —799	EBR + 185 bps	ER 8.50 %
	700-749	EBR + 185 bps	ER 8.60 %
	650-699	EBR + 205 bps	ER 8.70 %
	550 — 649	EBR + 215 bps	ER 8.80 %
	NTC / No CIBIL score /-1	EBR + 195 bps	ER 8.60 %
	<550	Not eligible

Personal Loan Schemes

Interest Rates on 1st APRIL 2025 For the purpose of computing perquisite valuation

SBI Personal Loan scheme - Rate of Interest (as on 01.04.2025)

2-year MCLR @ 9.05%

Mean ROI (Q4 FY25): 12.68%

Spread over 2-year MCLR	Effective Interest Rate
1.25% - 6.25%	10.30% - 15.30%

Interest Rates on 1st APRIL, 2024 For the purpose of computing perquisite valuation

PERSONAL LOAN SCHEMES - Rate of Interest

2-year MCLR @ 8.75%

Mean ROI for Xpress Credit (Q3 FY24): 12.32%

I. XPRESS CREDIT SCHEME [including Pre-Approved Xpress Credit (PAXC)/ RTXC/ RMP Xpress Credit]

A. Applicants of Defence/ Central Armed Police/ Indian Coast Guard

Spread over 2-year MCLR	Effective Interest Rate with No Reset
2.40% - 3.90%	11.15% - 12.65%

B. Applicants of Central Govt./ State Govt./ Police / Railway/ Central Public Sector Enterprises (CPSEs) Considered Under ‘RATNA’ Status

Spread over 2-year MCLR	Effective Interest Rate with No Reset
2.55% - 5.05%	11.30% - 13.80%

C. Applicants of Other Corporates

Spread over 2-year MCLR	Effective Interest Rate with No Reset
4.55% - 5.55%	12.30% - 14.30%

II. XPRESS ELITE SCHEME (including RTXC Elite)

Salary Account with SBI:

Spread over 2-year MCLR	Effective Interest Rate with No Reset
2.40% - 2.90%	11.15% - 11.65%

Salary Account with another Bank:

Spread over 2-year MCLR	Effective Interest Rate with No Reset
2.65% - 3.15%	11.40% - 11.90%

III. XPRESS FLEXI SCHEME (Overdraft Facility)

0.25% higher than I. Xpress Credit scheme for Diamond Salary Package customers and II. Xpress Elite scheme for Platinum Salary Package customers

IV. XPRESS LITE SCHEME

1% higher than I. Xpress Credit scheme for all brackets

V. SBI QUICK PERSONAL LOAN SCHEME THROUGH CLP PORTAL (i.e., https://www.sbiloansin59minutes.com)

(for customer not maintaining salary account with SBI)

0.25% higher than I. Xpress Credit Scheme for all Brackets

VI. XPRESS CREDIT INSTA TOP-UP LOANS

Spread over 2 year MCLR	Effective Interest Rate with No Reset
3.65%	12.40%

VII. PRE-APPROVED PERSONAL LOANS (PAPL) TO NON-CSP CUSTOMERS

Spread over 2 year MCLR	Effective Interest Rate with No Reset
5.05% - 5.55%	13.80% - 14.30%

VIII. PENSION LOAN SCHEMES

Mean ROI for Pension Loan (Q3 FY24): 11.33%

Scheme	Spread over 2-year MCLR	Effective Interest Rate with No Reset
SBI Pension Loan	2.55%	11.30%
Jai Jawan Pension Loan	2.55%	11.30%
Pension Loan Scheme For Treasury & PSU Pensioners	2.55%-3.05%	11.30% - 11.80%
Pre-Approved Pension Loans(PAPNL)	2.55%	11.30%
Pre-approved Insta Pension Top-Up	2.55%	11.30%

Interest Rates on 1st APRIL, 2023 For the purpose of computing perquisite valuation

State Bank of India: Interest Rates on 1^st APRIL, 2023
For the purpose of computing perquisite valuation

Interest rates as on 1st April, 2023 on various loans in Personal Segment advances are as under:

PERSONAL LOAN SCHEMES - Rate of Interest

I. XPRESS CREDIT SCHEME

A. Applicants of Defence/ Central Armed Police/ Indian Coast Guard

2-year MCLR	Spread over 2-year MCLR	Effective Interest Rate with No Reset
8.60%	2.40% - 3.90%	11.00% - 12.50%

B. Applicants of Central Govt./ State Govt./ Police / Railway/ Central Public Sector Enterprises (CPSEs) Considered Under ‘RATNA’ Status

2-year MCLR	Spread over 2-year MCLR	Effective Interest Rate with No Reset
8.60%	2.40% - 4.90%	11.00% - 13.50%

C. Applicants of Other Corporates

2-year MCLR	Spread over 2-year MCLR	Effective Interest Rate with No Reset
8.60%	2.40% - 4.90%	11.00% - 13.50%

II. XPRESS ELITE SCHEME

Salary account with SBI:

2-year MCLR	Spread over 2-year MCLR	Effective Interest Rate with No Reset
8.60%	2.40% - 2.90%	11.00% - 11.50%

Salary Account with another Bank:

2-year MCLR	Spread over 2-year MCLR	Effective Interest Rate with No Reset
8.60%	2.65% - 3.15%	11.25% - 11.75%

III. XPRESS FLEXI SCHEME (Overdraft Facility) 0.25% higher than I. Xpress Credit scheme for Diamond Salary Package customers and II. Xpress Elite scheme for Platinum Salary Package customers

IV. XPRESS LITE SCHEME

1% higher than I. Xpress Credit scheme for all brackets

V. SBI QUICK PERSONAL LOAN SCHEME THROUGH CLP PORTAL (i.e., https://www.sbiloansin59minutes.com) (for customer not maintaining salary account with SBI) 0.25% higher than I. Xpress Credit Scheme for all Brackets

VI. XPRESS FLEXI SCHEME (Overdraft Facility)

2-year MCLR	Spread over 2-year MCLR	Effective Interest Rate with No Reset
8.60%	3.50%	12.10%

VII. PENSION LOAN SCHEMES

Scheme	2-year MCLR	Spread over 2-year MCLR	Effective Interest Rate with No Reset
SBI Pension Loan	8.60%	2.55%	11.15%
Jai Jawan Pension Loan	8.60%	2.55%	11.15%
Pension Loan to Treasury/ PSU Pensioners	8.60%	2.55%- 3.05%	11.15%- 11.65%
Pre-Approved Pension Loans (PAPNL)	8.60%	2.55%	11.15%
Pre-approved Insta Pension Top-Up	8.60%	2.55%	11.15%

Interest Rates on 1st APRIL, 2022 For the purpose of computing perquisite valuation

State Bank of India: Interest Rates on 1^st APRIL, 2022
For the purpose of computing perquisite valuation

Interest rates as on 1^st APRIL, 2022 on various loans in Personal Segment advances are as under

External Bench Mark lending Rate (EBR):6.65%

PERSONAL LOAN SCHEMES – RATE OF INTEREST

A. For Defence/ Para-Military/ Indian Coast Guard Salary Package Applicants

CIC Score (CIBIL CV Score	2-year MCLR	Spread over 2 year MCLR	Effective Interest Rate with No Reset
≥ 670	7.20%	3.40%	10.60%
650-669	7.20%	3.90%	11.10%

B. For Central Govt. Salary Package/ State Govt. Salary Package/ Police Salary Package/ Railway Salary Package/ Central Public Sector Enterprises (CPSEs) Considered Under ‘RATNA’ Status Applicants and for applicants of identified reputed Corporates.

CIC Score (CIBIL CV Score	2-year MCLR	Spread over 2 year MCLR	Effective Interest Rate with No Reset
≥ 761	7.20%	3.40%	10.60%
735-760	7.20%	3.90%	11.10%
670-734	7.20%	4.40%	11.60%
650-669	7.20%	4.90%	12.10%

C. For Other Corporate Salary Package (CSP) Applicants:

CIC Score (CIBIL CV Score	2-year MCLR	Spread over 2 year MCLR	Effective Interest Rate with No Reset
≥ 761	7.20%	4.40%	11.60%
735-760	7.20%	4.90%	12.10%
670-734	7.20%	5.40%	12.60%
<670	No Loan

Note:a) In case of the NIL CIC Score, Risk Scoring Model (RSM) score shall substitute the CIC Score in interest rate structure as under:

	RSM	≥75	66-74	57-65	41-56
Govt. SP (DSP, ICGSP, PMSP, RSP, PSP,SGSP, CGSP, etc.)	(CIBIL CV Score)	≥ 761	735-760	670-734	650-669
Corporate salary package customers (CSP)	(CIBIL CV Score)	≥ 761	735-760	670-734	670-734

RSM

≥75

66-74

57-65

41-56

Govt. SP (DSP, ICGSP, PMSP, RSP, PSP,SGSP, CGSP, etc.)

(CIBIL CV

Score)

≥ 761

735-760

670-734

650-669

Corporate salary package customers (CSP)

(CIBIL CV

Score)

≥ 761

735-760

670-734

c) Following category of borrowers will get special concessions*:

Criteria	Concession Offered
Loan amount ≥ Rs 10,00,000	50 bps in Rate of interest
Platinum Salary Package customers	50 bps in Rate of Interest
Central Public Sector Enterprises (CPSEs) Considered Under ‘RATNA’ Status	50 bps in Rate of Interest

Criteria

Concession Offered

Loan amount ≥ Rs 10,00,000

50 bps in Rate of interest

Platinum Salary Package customers

50 bps in Rate of Interest

Central Public Sector Enterprises (CPSEs)

Considered Under ‘RATNA’ Status

50 bps in Rate of Interest

*Subject to condition that total concession shall not exceed 100 bps and Salary account is linked to respective Employer Code wherever applicable.

d) ‘Overdraft’ Facility: In case of the customer who avails Overdraft (OD) facility, 50 bps premium will be charged over and above the applicable interest rate.

II. XPRESS ELITE SCHEME:(Term loan/ Overdraft)

A. SBI Salary Package A/c Holders:

CIC Score (CIBIL CV Score	2-year MCLR	Spread over 2 year MCLR	Effective Interest Rate with No Reset
≥ 791	7.20%	2.40%	9.60%
735-790	7.20%	2.90%	10.10%
650-734/ NIL Score	7.20%	3.90%	11.10%
<650	No Loan

B. Other than Salary Package A/c Holders (including Applicants not maintaining Salary A/c with our Bank):

CIC Score (CIBIL CV Score	2-year MCLR	Spread over 2 year MCLR	Effective Interest Rate with No Reset
≥ 791	7.20%	2.65%	9.85%
735-790	7.20%	3.15%	10.35%
650-734/ NIL Score	7.20%	4.15%	11.35%
<650	No Loan

Note: No further concession is permitted under the Scheme.

III. III.XPRESS CREDIT- NON-PERMANENT EMPLOYEES (NPES)

Employer Type	Rate of Interest
i) Central and State Government, Quasi- Government, Central PSUs, State PSUs, Defence personnel, Educational Institutions of National Repute	Check-off Category-I : 430 bps above 2 yr MCLR i.e. 11.50% Check-off Category-II: 640 bps above 2 yr MCLR i.e. 13.60%
ii) Co-operatives/ Institutions not covered under regular Xpress Credit loan scheme and Unrated Corporates	Check-off Category-I: 505 bps above 2 yr MCLR i.e. 12.25% Check-off Category-II: 665 bps above 2 yr MCLR i.e. 13.85%

IV. XPRESS LITE SCHEME : 1% higher than Xpress Credit scheme for all brackets

V. PRE-APPROVED XPRESS CREDIT ON YONO (PAXC)

Category	(CIBIL CV Score)	2 year MCLR with no reset	Spread over 2 year MCL	Effective Interest Rate with No Reset
DSP/PMSP/ICGSP applicants	≥ 670	7.20%	3.40%	10.60%
DSP/PMSP/ICGSP applicants	<670	7.20%	3.90%	11.10%
CGSP, PSP, RSP, SGSP, CSP customer with Select Employer Code	≥ 761	7.20%	3.40%	10.60%
	735-760	7.20%	3.90%	11.10%
	670-734	7.20%	4.40%	11.60%
	650-669	7.20%	4.90%	12.10%
Others	≥ 761	7.20%	4.40%	11.60%
	735-760	7.20%	4.90%	12.10%
	670-734	7.20%	5.40%	12.60%

VI.OTHER UNSECURED PERSONAL LOANS

VI.OTHER UNSECURED PERSONAL LOANS

Scheme	(2 year MCLR)	Spread over 2 year MCLR	Effective Interest Rate with No Reset
SBI Pension Loan*	7.20%	2.55%	9.75%
Jai Jawan Pension Loan	7.20%	2.55%	9.75%
Pension Loan To Coal Mines Provident Fund (CMPF) Pensioners	7.20%	2.55%	9.75%
Pre-Approved Pension Loans on YONO (PAPNL)	7.20%	2.55%	9.75%
Insta Pension	7.20%	2.55%	9.75%
Xpress Credit Insta Top-Up	7.20%	3.50%	10.70%
SPL. PAPL	7.20%	2.40%	9.60%
Clean Overdraft	7.20%	8.45%	15.65%

*The Treasury/PSU Pensioners to be charged a premium of 0.50% in case concerned Treasury/ PSU (Pension Payment Authorities) do not give consents/undertaking in writing that it will not accept any request from the pensioner to transfer his pension payment to any other Bank/ Branch till a NOC is issued by our Bank/Branch.

VII. SBI Quick Personal Loan Scheme through CLP portal

(for customer not maintaining salary account with SBI) : 0.25% higher than Xpress Credit Scheme for all Brackets

VIII. Pre-Approved Personal Loans (PAPL)- Non-CSP

VI.OTHER UNSECURED PERSONAL LOANS

Scheme	1 year MCLR	Spread over 1 year MCLR	Effective Interest Rate with No Reset
Pre-Approved Personal Loans (PAPL) Non-CSP	7.00%	5.60%	12.60%

Interest rate on 01.04.2025 For the purpose of computing perquisite valuation

EDUCATION LOAN - RATE OF INTEREST
Student Loan	(Upto ₹7.50 Lakh	10.90%
	Above ₹7.50 Lakh	9.90%
	0.50 % concession for Girl Student
Scholar Loan		7.90% to 9.40%
Skill Loan	(Upto ₹7.50lakh	10.40%
Skill Loan	0.50 % concession for Girl Student
Global Edvantage (Including Takeover)	Above ₹7.50 Lakh with security	9.90%
	0.50 % concession for Girl Student
	For Top 100 Institutes
	Above ₹7.50 Lakh without Security	9.90%
	Above ₹7.50 Lakh with Security	9.40%
Shaurya Education Loan (Including Takeover)	(Upto ₹7.50 Lakh	10.90%
	Above ₹7.50 Lakh with security	9.90%
	Above ₹7.50 Lakh without Security	10.40%
	0.50 % concession for Girl Student

All Education Loans are linked to External Benchmark rate ( EBLR) Prevailing EBLR = 8.90%

Interest Rates on 01-04-2024 For the purpose of computing perquisite valuation

EDUCATION LOAN SCHEMES - RATE OF INTEREST

The interest rates will be floating for entire period of loan

Mean Rate of Interest 10.47%

SBI STUDENT LOAN SCHEME
Loan Limit	EBR*	CRP	Effective Interest Rate	Rate Type
Upto Rs 7.5 Lakhs	9.15%	2.00%	11.15%	Floating
Concession	0.50% concession in interest for girl students
Above Rs 7.5 Lacs	9.15%	2.00%	11.15%	Floating
Concession	0.50% concession in interest for girl students
Concession	0.50% concession for students availing of SBI Rinn Raksha or any other existing policy assigned in favour of our Bank

SBI SCHOLAR LOAN SCHEME (Including TAKEOVER and PART-TIME COURSES for select institutes)
List		EBR*	CRP	Business Strategy Discount	Effective Interest Rate	Rate Type
AA	All IITs	9.15%	0.00%	(-) 1.00%	8.15% (With or without co-borrower)	Floating
AA	Other institutes	9.15%	0.05%	(-) 1.00%	8.20% (With or without co-borrower)	Floating
A	All IITs	9.15%	0.00%	(-) 1.00%	8.15%	Floating
A	Other institutes	9.15%	0.50%	(-) 1.00%	8.65%	Floating
B	All NITs	9.15%	0.50%	(-) 1.00%	8.65%	Floating
B	Other institutes	9.15%	1.00%	(-) 1.00%	9.15%	Floating
C	All NITs	9.15%	0.50%	(-) 1.00%	8.65%	Floating
C	Other institutes	9.15%	1.50%	(-) 1.00%	9.65%	Floating

SBI SKILL LOAN SCHEME
Loan Limit	EBR*	CRP	Effective Interest Rate	Rate Type
Upto Rs 1.5 Lacs	9.15%	1.50%	10.65%	Floating
Concession	No Further Concession

SBI GLOBAL ED-VANTAGE SCHEME
Loan Limit	EBR*	CRP	Effective Interest Rate	Rate Type
Above Rs. 7.50 lacs & Upto Rs 1.5 Cr	9.15%	2.00%	11.15%	Floating
Concession	0.50% concession for students availing of SBI Rinn Raksha or any other existing life policy assigned in favour of our Bank
Further Concession	0.50% concession for girl students

SBI TAKEOVER EDUCATION LOANS SCHEME (Under Student Loan & Global Ed-Vantage Scheme)
Loan Limit	EBR*	CRP	Effective Interest Rate	Rate Type
Above Rs 10 lacs & Upto Rs 1.5 Cr	9.15%	2.00%	11.15%	Floating
Concession	0.50% concession for students availing of SBI Rinn Raksha or any other existing life insurance policy assigned in favour of our Bank
Further Concession	0.50% concession for girl students

SHAURYA EDUCATION LOAN (For wards of Defence & Indian Coast Guard )
Loan Limit	EBR*	CRP	Effective Interest Rate	Rate Type
Upto 7.50 lakhs	9.15%	2.00%	11.15%	Floating
Concession	0.50% concession for girl students
Above Rs. 7.50 Lakhs & Upto Rs. 1.50 Cr
In case of Secured Loan	9.15%	2.00%	11.15%	Floating
In case of Unsecured Loan	9.15%	2.60%	11.75%	Floating
Concession	0.50% concession for girl students
Concession	0.50% concession for students availing of SBI Rinn Raksha or any other existing life insurance policy assigned in favour of our Bank

*EBR = Repo Rate + Spread,
Currently: Repo rate = 6.50%
Spread = 2.65%
EBR = 9.15%

Interest Rates on 01-04-2023 For the purpose of computing perquisite valuation

EDUCATION LOAN SCHEMES - RATE OF INTEREST (w.e.f. 15.02.2023) Mean Rate of Interest 9.37%

SBI STUDENT LOAN SCHEME
Loan Limit	EBR	CRP	Effective Interest Rate	Rate Type
Upto Rs 7.5 Lakhs	9.15%	2.00%	11.15%	Floating
Concession	0.50% concession in interest for girl students
Above Rs 7.5 Lakhs	9.15%	2.00%	11.15%	Floating
Concession	0.50% concession in interest for girl students
Concession	0.50% concession for students availing of SBI Rinn Raksha or any other existing policy assigned in favour of our Bank

SBI SCHOLAR LOAN SCHEME (Including TAKEOVER and PART-TIME COURSES for select institutes)
LIST		EBR	CRP	Business Strategy Discount	Effective Interest Rate	Rate Type
AA	All IITs	9.15%	0.00%	(-) 0.60%	8.55% (With or without co-borrower)	Floating
AA	Other institutes	9.15%	0.05%	(-) 0.60%	8.60% (With or without co-borrower)	Floating
A	All IITs	9.15%	0.00%	(-) 0.60%	8.55%	Floating
A	Other institutes	9.15%	0.50%	(-) 0.60%	9.05%	Floating
B	All NITs	9.15%	0.50%	(-) 0.60%	9.05%	Floating
B	Other institutes	9.15%	1.00%	(-) 0.60%	9.55%	Floating
C	All NITs	9.15%	0.50%	(-) 0.60%	9.05%	Floating
C	Other institutes	9.15%	1.50%	(-) 0.60%	10.05%	Floating

SBI SKILL LOAN SCHEME
Loan Limit	EBR	CRP	Effective Interest Rate	Rate Type
Upto Rs 1.5 Lakhs	9.15%	1.50%	10.65%	Floating
Concession	No Further Concession

SBI GLOBAL ED-VANTAGE SCHEME
Loan Limit	EBR	CRP	Effective Interest Rate	Rate Type
Above Rs. 7.50 lakhs & Upto Rs 1.5 Cr	9.15%	2.00%	11.15%	Floating
Concession	0.50% concession for students availing of SBI Rinn Raksha or any other existing life insurance policy assigned in favour of our Bank
Further Concession	0.50% concession for girl students

SBI TAKEOVER EDUCATION LOANS SCHEME (Under Student Loan & Global Ed-Vantage Scheme)
Loan Limit	EBR	CRP	Effective Interest Rate	Rate Type
Above Rs 10 lakhs & Upto Rs 1.5 Cr	9.15%	2.00%	11.15%	Floating
Concession	0.50% concession for students availing of SBI Rinn Raksha or any other existing life insurance policy assigned in favour of our Bank
Further Concession	0.50% concession for girl students

SHAURYA EDUCATION LOAN (For spouse/wards of Defence & Indian Coast Guard)
Loan Limit	EBR	CRP	Effective Interest Rate	Rate Type
Upto 7.50 lakhs	9.15%	2.00%	11.15%	Floating
Concession	0.50% concession in interest for girl students
Above Rs. 7.50 Lakhs & Upto Rs. 1.50 Cr
In case of Secured Loan	9.15%	2.00%	11.15%	Floating
In case of Unsecured Loan	9.15%	2.00%	11.15%	Floating
Concession	0.50% concession for girl students
Concession	0.50% concession for students availing of SBI Rinn Raksha or any other existing life insurance policy assigned in favour of our Bank

Interest Rates on 22.06.2021 For the purpose of computing perquisite valuation

EDUCATION LOAN SCHEMES - RATE OF INTEREST (w.e.f. 22.06.2021)

Mean Rate of Interest 8.68%

SBI STUDENT LOAN SCHEME
Loan Limit	EBLR	Spread	Effective Interest Rate	Rate Type
Upto Rs 7.5 Lakhs	6.65%	2.00%	8.65%	Floating
Concession	0.50% concession in interest for girl students
Above Rs 7.5 Lakhs	6.65%	2.00%	8.65%	Floating
Concession	0.50% concession in interest for girl students
Concession	0.50% concession for students availing of SBI Rinn Raksha or any other existing policy assigned in favour of our Bank

SBI SCHOLAR LOAN SCHEME
(Including PART-TIME COURSES for select institutes)
LIST		EBLR	Spread	Effective Interest Rate	Rate Type
AA	ROI	6.65%	0.20%	6.85% (With co-borrower)	Floating
AA	ROI	6.65%	0.30%	6.95% (Without co-borrower)	Floating
A	All IIMs & IITs	6.65%	0.35%	7.00%	Floating
A	Other institutes	6.65%	0.50%	7.15%	Floating
B	All NITs	6.65%	0.50%	7.15%	Floating
	Other institutes	6.65%	1.00%	7.65%	Floating
C	All NITs	6.65%	0.50%	7.15%	Floating
	Other institutes	6.65%	1.50%	8.15%	Floating

SBI SKILL LOAN SCHEME
Loan Limit	EBLR	Spread	Effective Interest Rate	Rate Type
Upto Rs 1.5 Lakhs	6.65%	1.50%	8.15%	Floating
Concession	No Further Concession

SBI GLOBAL ED-VANTAGE SCHEME
Loan Limit	EBLR	Spread	Effective Interest Rate	Rate Type
Above Rs. 7.50 lakhs & Upto Rs 1.5 Cr	6.65%	2.00%	8.65%	Floating
Concession	0.50% concession for students availing of SBI Rinn Raksha or any other existing life insurance policy assigned in favour of our Bank
Further Concession	0.50% concession for girl students

SBI TAKEOVER OF COLLATERALISED EDUCATION LOANS SCHEME
Loan Limit	EBLR	Spread	Effective Interest Rate	Rate Type
Above Rs 10 lakhs & Upto Rs 1.5 Cr	6.65%	2.00%	8.65%	Floating
Concession	0.50% concession for girl students

SHAURYA EDUCATION LOAN
(For wards of Defense & Indian Coastal Guard Officers)
Loan Limit	EBLR	Spread	Effective Interest Rate	Rate Type
Upto 7.50 lakhs	6.65%	2.00%	8.65%	Floating
Concession	0.50% concession in interest for girl students
Above Rs. 7.50 Lakhs & Upto Rs. 1.50 Cr
In case of Secured Loan	6.65%	2.00%	8.65%	Floating
In case of Unsecured Loan	6.65%	2.60%	9.25%	Floating
Concession	0.50% concession for girl students
Concession	0.50% concession for students availing of SBI Rinn Raksha or any other existing life insurance policy assigned in favour of our Bank

Loan against Securities as on 01.04.2025

Loan against Securities as on 01.04.2025 is as under:

Secured Personal Loans
Scheme	1-year MCLR	Spread over 1-year MCLR	Effective Interest Rate
Loan against NSC/ KVP	9.00%	2.50%	11.50%
Loan against Insurance Policies of LIC/ Dept. of Post Offices/India Post/SBI Life/ ICICI Prudential/ HDFC Standard	9.00%	2.50%	11.50%
Loan against Mutual Fund Units	9.00%	2.50%	11.50%
Loan against Sovereign Gold Bond (SGB)	9.00%	2.00%	11.00%
II. LOAN AGAINST BANK TIME DEPOSIT (TDR/STDR) / FCNR (B) DEPOSIT
Secured Personal Loans (2/3)
Loan against Bank’s Time Deposits (Domestic)	1.00% over the rate of interest paid on the relative Time Deposits offered as security irrespective of the loan amount.
Loan against NRO/NRE Fixed Deposits	1.00% over the rate of interest paid on the relative Time Deposits offered as security irrespective of the loan amount.
Loan against FCNR (B) Deposit (Loan in INR)	2.90% over 1-year MCLR (presently 1 year MCLR is 9.00%).

Loan against Securities as on 01.04.2024

Loan against Securities as on 01.04.2024 is as under:

Secured Personal Loans
Scheme	1-year MCLR	Spread over 1-year MCLR	Effective Interest Rate
Loan against Shares, Mutual Funds & Dual Advantage Fund	8.65%	2.50%	11.15%
Loan against SGB	8.65%	2.00%	10.65%
Loan against NSC/ KVP/ RBI Relief Bond/ Surrender Value of SBI Life/ LIC	8.65%	2.50%	11.15%
II. LOAN AGAINST BANK TIME DEPOSIT (TDR/STDR) / FCNR (B) DEPOSIT
Secured Personal Loans (2/3)
Loan against Bank’s Time Deposits (Domestic)	1.00% over the rate of interest paid on the relative Time Deposits offered as security irrespective of the loan amount.
Loan against NRO Fixed Deposits	1.00% over the rate of interest paid on the relative Time Deposits offered as security irrespective of the loan amount.
Loan against NRE Fixed Deposits	1.00% over the rate of interest paid on the relative Time Deposits offered as security irrespective of the loan amount.
Loan against FCNR (B) Deposit	2.90% over 1-year MCLR (1-year MCLR as on 01.04.2022 is 7.00%).

Loan against Securities as on 01.04.2022

Loan against Securities as on 01.04.2022 is as under:

Secured Personal Loans
Scheme	1-year MCLR	Spread over 1-year MCLR	Effective Interest Rate
Loan against Shares, Mutual Funds & Dual Advantage Fund	7.00%	2.50%	9.50%
Loan against SGB	7.00%	2.00%	9.00%
Loan against NSC/ KVP/ RBI Relief Bond/ Surrender Value of SBI Life/ LIC	7.00%	4.65%	11.65%
II. LOAN AGAINST BANK TIME DEPOSIT (TDR/STDR) / FCNR (B) DEPOSIT
Secured Personal Loans (2/3)
Loan against Bank’s Time Deposits (Domestic)	1.00% over the rate of interest paid on the relative Time Deposits offered as security irrespective of the loan amount.
Loan against NRO Fixed Deposits	1.00% over the rate of interest paid on the relative Time Deposits offered as security irrespective of the loan amount.
Loan against NRE Fixed Deposits	1.00% over the rate of interest paid on the relative Time Deposits offered as security irrespective of the loan amount.
Loan against FCNR (B) Deposit	2.90% over 1-year MCLR (1-year MCLR as on 01.04.2022 is 7.00%).

Interest Rates on 01-04-2025 For the purpose of computing perquisite valuation

Auto Loans Interest Rates

(Fixed Rate-Interest Rate applied at the time of disbursement will remain same for the entire loan period)

Scheme		(1-year MCLR: 9.00%)
i) SBI Car Loan, ii) NRI Car Loan, iii) Assured Car Loan Scheme		From 9.20% to 10.15%
Loyalty Car Loan Scheme	SBI Car Loan, NRI Car Loan	From 9.15% to 10.10% (CIC Based rates are applicable)
SBI Green Car Loan (For Electric Cars)		From 9.10% to 10.15%
Certified Pre-owned Car Loan Scheme		From 11.75% to 15.25% (CIC Based rates are applicable).
SBI Two-Wheeler Loan		13.35% to 14.85% (0.50% Concession available for EV)
Super Bike Loan Scheme		12.85% to 14.35%

Finer pricing for New Car Loans based on CIC scores

CIC Score	Term of Loan
CIC Score	3-5 Years		Above 5 Years
800 & above	0.20% + 1 Year MCLR	9.20%	0.30% + 1 Year MCLR	9.30%
775 - 799	0.35% + 1 Year MCLR	9.35%	0.45% + 1 Year MCLR	9.45%
757-774	0.45% + 1 Year MCLR	9.45%	0.55% + 1 Year MCLR	9.55%
721-756	0.70% + 1 Year MCLR	9.70%	0.80% + 1 Year MCLR	9.80%
700-720	0.95% + 1 Year MCLR	9.95%	1.05% + 1 Year MCLR	10.05%
650-699	1.05% + 1 Year MCLR	10.05%	1.15% + 1 Year MCLR	10.15%
-1(NTC)	9.45% to 9.80%

Mean Rate for Auto Loans for Quarter 2 (FY 24-25): 9.27%

Interest Rates on 01-04-2024 For the purpose of computing perquisite valuation

Auto Loans Interest Rates

(Fixed Rate-Interest Rate applied at the time of disbursement will remain same for the entire loan period)

Scheme		(1-year MCLR: 8.65%)
i) SBI Car Loan, ii) NRI Car Loan, iii) Assured Car Loan Scheme		From 8.85% to 9.80%
Loyalty Car Loan Scheme	SBI Car Loan, NRI Car Loan	From 8.80% to 9.75% (CIC Based rates are applicable)
SBI Green Car Loan (For Electric Cars)		From 8.75% to 9.45%
Certified Pre-owned Car Loan Scheme		From 11.40% to 14.90% (CIC Based rates are applicable).
SBI Two-Wheeler Loan		13.00% to 14.50% (0.50% Concession available for EV)

Finer pricing for New Car Loans based on CIC scores

CIC Score	Term of Loan
CIC Score	3-5 Years		Above 5 Years
800 & above	0.20% + 1 Year MCLR	8.85%	0.30% + 1 Year MCLR	8.95%
775 - 799	0.35% + 1 Year MCLR	9.00%	0.45% + 1 Year MCLR	9.10%
757-774	0.45% + 1 Year MCLR	9.10%	0.55% + 1 Year MCLR	9.20%
721-756	0.70% + 1 Year MCLR	9.35%	0.80% + 1 Year MCLR	9.45%
700-720	0.95% + 1 Year MCLR	9.60%	1.05% + 1 Year MCLR	9.70%
650-699	1.05% + 1 Year MCLR	9.70%	1.15% + 1 Year MCLR	9.80%
-1(NTC)	9.10% to 9.45%

Super Bike Loan Scheme

S.No.	CIBIL Score	Salaried customers / Defense / Pensioners		Others
1	>=741	3.50% + 1 Year MCLR	12.15%	4.50 + 1 Year MCLR	13.15%
2	731-740	5.00% + 1 Year MCLR	13.65%	6.00 + 1 Year MCLR	14.65%
3	700-730 and (New to Credit)	10.75% + 1 Year MCLR	19.40%	11.75 + 1 Year MCLR	20.40%

Mean Rate for Auto Loans: 9.00%

Interest Rates on 01-04-2023 For the purpose of computing perquisite valuation

Auto Loans Interest Rates w.e.f. 01.04.2023 (Fixed Rate)
Scheme		Interest Rate w.e.f. 01.04.2023 (1-year MCLR: 8.50%)
i) SBI Car Loan, ii) NRI Car Loan, iii) Assured Car Loan Scheme		From 8.85% to 9.65%
Loyalty Car Loan Scheme	SBI Car Loan, NRI Car Loan	From 8.80% to 9.60% (CIC Based rates are applicable)
SBI Green Car Loan (For Electric Cars)	From 8.60% to 9.30%
Certified Pre-owned Car Loan Scheme		From 11.25% to 14.75% (CIC Based rates are applicable).
SBI Two-Wheeler Loan		17.75% p.a. to 19.50% p. a

Finer pricing for New Car Loans based on CIC scores. (1-year MCLR: 8.50%)

CIC Score	Term of Loan
CIC Score	3-5 Years		Above 5 Years
775 & above	0.35% + 1 Year MCLR	8.85%	0.45% + 1 Year MCLR	8.95%
757 - 774	0.45% + 1 Year MCLR	8.95%	0.55% + 1 Year MCLR	9.05%
721-756	0.70% + 1 Year MCLR	9.20%	0.80% + 1 Year MCLR	9.30%
700-720	0.95% + 1 Year MCLR	9.45%	1.05% + 1 Year MCLR	9.55%
650 - 699	1.05% + 1 Year MCLR	9.55%	1.15% + 1 Year MCLR	9.65%
-1	8.95% to 9.30%

Super Bike Loan Scheme

S.No.	CIBIL Score	Salaried customers / Defense / Pensioners		Others
1	>=741	3.50 + 1 Year MCLR	12.00%	4.50 + 1 Year MCLR	13.00%
2	731-740	5.00 + 1 Year MCLR	13.50%	6.00 + 1 Year MCLR	14.50%
3	700-730 and (New to Credit)	10.75 + 1 Year MCLR	19.25%	11.75 + 1 Year MCLR	20.25%

Mean Rate for Auto Loans: 8.50%

Interest Rates on 01-04-2022 For the purpose of computing perquisite valuation

Auto Loans as on 01.04.2022 is as under:

1 Year MCLR

7.00%

(A) SBI CAR LOANS/NRI CAR LOANS/ASSURED CAR LOAN

FOR MEN BORROWERS
CIC Score	Term of Loan
	3-5 Years	ROI	Above 5 Years	ROI
>=757	0.75% above 1 Year MCLR	7.75	0.85% above 1 Year MCLR	7.85
721-756	1% above 1 Year MCLR	8.00	1.10 % above 1 Year MCLR	8.10
689-720	1.25% above 1 Year MCLR	8.25	1.35% above 1 Year MCLR	8.35
606-688	1.35% above 1 Year MCLR	8.35	1.45% above 1 Year MCLR	8.45
For “-1” Category Customer Rate of Interest is based on RSM Score
RSM Score	3-5 Years	ROI	Above 5 Years	ROI
>=71	0.75% above 1 Year MCLR	7.75	0.85% above 1 Year MCLR	7.85
46-70	1.00% above 1 Year MCLR	8.00	1.10 % above 1 Year MCLR	8.10
FOR WOMEN BORROWERS (Concession of 5 bps available as under)
606-688	1.30% above 1 Year MCLR	8.30	1.40% above 1 Year MCLR	8.40

(B) LOYALTY CAR LOANS/LOYALTY NRI CAR LOANS

FOR MEN BORROWERS
CIC Score	Term of Loan
	3-5 Years	ROI	Above 5 Years	ROI
>=757	0.70% above 1 Year MCLR	7.70	0.80% above 1 Year MCLR	7.80
721-756	0.95% above 1 Year MCLR	7.95	1.05% above 1 Year MCLR	8.05
689-720	1.20% above 1 Year MCLR	8.20	1.30% above 1 Year MCLR	8.30
606-688	1.30% above 1 Year MCLR	8.30	1.40% above 1 Year MCLR	8.40
-1	Not Applicable		Not Applicable
FOR WOMEN BORROWERS: (Concession of 5 bps available as under)
CIC Score	Term of Loan
	3-5 Years	ROI	Above 5 Years	ROI
606-688	1.25% above 1 Year MCLR	8.25	1.35% above 1 Year MCLR	8.35

(C) CERTIFIED PRE-OWNED CAR LOANS

CIC Score	Term of Loan
	1-3 Years	ROI	Above 3 Years to 5 years	ROI
>=757	2.75% above 1 Year MCLR	9.75	3.25% above 1-year MCLR	10.25
721-756	3.75 % above 1 Year MCLR	10.75	4.25% above 1-year MCLR	11.25
689-720	5.75% above 1 Year MCLR	12.75	6.25% above 1-year MCLR	13.25
606-688	Not Applicable
-1	4.25% above 1 Year MCLR	11.25	4.75% above 1-year MCLR	11.75
(D) LOYALTY CERTIFIED PRE-OWNED CAR LOANS				ROI
For Men: 2.25% above 1 Year MCLR:				9.25
For Women: 2.20% above 1 Year MCLR:				9.20

Concession of 20 bps in Rate of Interest is applicable for Green Car Loan scheme for Electric Vehicles.

(E) Two-Wheeler Loan

CIC Score	Salaried Customer/ Defence Pensioners	ROI	Others	ROI
>= 741	3.50% above 1year MCLR	10.50	4.50% above 1year MCLR	11.50
731-740	5.00% above 1year MCLR	12.00	6.00% above 1year MCLR	13.00
700-730 and (New to credit)	10.75% above 1year MCLR	17.75	11.75% above 1year MCLR	18.75

CIC Score	Tenure in months
	36	ROI	48	ROI
>=741	9.25% above 1year MCLR	16.25	9.50% 1year above MCLR	16.50
731-740	9.75% above 1year MCLR	16.75	10.00% above 1year MCLR	17.00
700-730	10.75% above 1year MCLR	17.75	11.00% above 1year MCLR	18.00

(F) SBI Easy Ride Pre-Approved Two-Wheeler Loan (PA2W)

Interest Rate Structure – Salary Package Customers
For Defence/ Paramilitary/ Indian Coast Guard Salary Package Applicants:
CIC Score (CIBIL CV Score)	1-year MCLR	Spread over 1-year MCLR	Interest Rate for PA2W
≥ 670	7.00%	3.35%	10.35%
650 to 669 and NTC (CIBIL V3: 141 -200)	7.00%	3.85%	10.85%
For Central Govt. Salary Package/ State Govt. Salary Package/ Police Salary Package/ Railway Salary Package/ Central Public Sector Enterprises (CPSEs) Considered Under ‘RATNA’ Status Applicants.
CIC Score (CIBIL CV Score)	1-year MCLR	Spread over 1-year MCLR	Interest Rate for PA2W
≥ 761	7.00%	3.35%	10.35%
735-760	7.00%	3.85%	10.85%
670-734 and NTC (CIBIL V3: 141 -200)	7.00%	4.35%	11.35%
650-669	7.00%	4.85%	11.85%
For Other Corporate Salary Package Customers
≥ 761	7.00%	4.35%	11.35%
735-760	7.00%	4.85%	11.85%
670-734 and NTC (CIBIL V3: 141 -200)	7.00%	5.35%	12.35%
650-669	7.00%	5.85%	12.85%

The following category of borrowers will get additional concession

Criteria	Concession Offered in Rate of Interest
Platinum salary package customers	50 bps
Central Public Sector Enterprises (CPSEs) Considered under ‘RATNA’ Status	50 bps

Revised Interest Rate Structure – Non-Salary Package customers

CIC Score (CIBIL CV Score)	1-year MCLR	Spread over 1-year MCLR	Interest Rate for PA2W
≥ 741	7.00%	4.50%	11.50%
731-740	7.00%	5.00%	12.00%
700-730 and NTC (CIBIL V3: 151 -200)	7.00%	6.00%	13.00%

Rate of interest (Fixed) at the time of sanction of the loan will remain same for the entire tenure of loan amount.

Last Updated On : Tuesday, 16-09-2025

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Interest Rates - Business

ब्याज दर

Interest Rates for the purpose of computing perquisite valuation

Home Loans (Term Loan)

ROI FOR REH PRODUCTS WEF 01.04.2024

REGULAR HOME LOAN INCLUDING FLEXIPAY, NRI, NON-SALARIED PRIVILEGE / SHAURYA, APON GHAR

CRE HOME LOAN INCLUDING FLEXIPAY, NRI, NON-SALARIED PRIVILEGE / SHAURYA, APON GHAR

TOPUP LOAN

REALTY LOAN

TRIBAL PLUS

P-LAP(for All Borrowers inclusive of Salaried / Non-Salaried & Income from Salary / Rental Income)

HOME LOANS(Term Loans)

HOME LOANS (MAXGAIN)

OTHER HOME LOAN VARIANTS

HOME TOP UP LOANS ROI Structure wef 01.04.2022

Other Top Up Loans (Loan Quantum Upto Rs 8 lacs)

P-LAP ROI Structure wef 01.04.2022

Personal Loan Schemes

SBI Personal Loan scheme - Rate of Interest (as on 01.04.2025)

PERSONAL LOAN SCHEMES - Rate of Interest

I. XPRESS CREDIT SCHEME [including Pre-Approved Xpress Credit (PAXC)/ RTXC/ RMP Xpress Credit]

A. Applicants of Defence/ Central Armed Police/ Indian Coast Guard

B. Applicants of Central Govt./ State Govt./ Police / Railway/ Central Public Sector Enterprises (CPSEs) Considered Under ‘RATNA’ Status

C. Applicants of Other Corporates

II. XPRESS ELITE SCHEME (including RTXC Elite)

III. XPRESS FLEXI SCHEME (Overdraft Facility)

IV. XPRESS LITE SCHEME

V. SBI QUICK PERSONAL LOAN SCHEME THROUGH CLP PORTAL (i.e., https://www.sbiloansin59minutes.com)

VI. XPRESS CREDIT INSTA TOP-UP LOANS

VII. PRE-APPROVED PERSONAL LOANS (PAPL) TO NON-CSP CUSTOMERS

VIII. PENSION LOAN SCHEMES

Interest rates as on 1st April, 2023 on various loans in Personal Segment advances are as under:

I. XPRESS CREDIT SCHEME

II. XPRESS ELITE SCHEME

III. XPRESS FLEXI SCHEME (Overdraft Facility) 0.25% higher than I. Xpress Credit scheme for Diamond Salary Package customers and II. Xpress Elite scheme for Platinum Salary Package customers

IV. XPRESS LITE SCHEME

V. SBI QUICK PERSONAL LOAN SCHEME THROUGH CLP PORTAL (i.e., https://www.sbiloansin59minutes.com) (for customer not maintaining salary account with SBI) 0.25% higher than I. Xpress Credit Scheme for all Brackets

VI. XPRESS FLEXI SCHEME (Overdraft Facility)

VII. PENSION LOAN SCHEMES

Interest rates as on 1st APRIL, 2022 on various loans in Personal Segment advances are as under

PERSONAL LOAN SCHEMES – RATE OF INTEREST

A. For Defence/ Para-Military/ Indian Coast Guard Salary Package Applicants

II. XPRESS ELITE SCHEME:(Term loan/ Overdraft)

Interest rates as on 1^st APRIL, 2022 on various loans in Personal Segment advances are as under