SBI Maxgain, the Best Home Loan Scheme in the Market.

SBI MAXGAIN

HOME LOAN AS AN OVERDRAFT

·         An innovative and customer-friendly product enabling the customers to earn optimal yield on their savings by reducing interest burden on Home Loans, with no extra cost.

·         The loan is sanctioned as an Overdraft with added flexibility to operate the Home Loan Account like SB or Current Account. Bank also provides

Cheque Book/Net Banking facility for the purpose.

·         The product enables customers to park their surplus funds/savings in

 “SBI Maxgain” (with an option to withdraw whenever required), especially in the wake of low yields on other Deposit/Investment products.

Loan Amount

·         Minimum Loan Amount: Rs.5 lacs
Maximum Loan Amount: No Cap

Interest Rate

·         A premium of 0.25% over and above the applicable Home Loan interest rate for Home Loan > Rs.1 crore is payable.

(Other terms and conditions are as applicable to regular Home Loan Scheme)