SBI HI-FIVE LOAN – This loan is available to people who intend to spend it on their home. This loan can be taken for construction, renevation or buying a new home.

Amount – Maximum Rs.5 Lacs

Term SBI HI-FIVE LOAN – Maximum 120 months including moratorium period.

Interest Rates SBI HI-FIVE LOAN –
-8% p.a. Fixed interest rate during first 60 months.
-61st month Onwards – floating at 2.75% below SBAR
or
-Fixed interest at 1.25% below SBAR

Processing Fee – Upto Rs.5 Lac is Rs.1000/-

List of Requirements for the SBI HI FIVE LOAN –
- You need to disclose your financial health to the bank.
- Your address proof has to be provided
- Your Identity proof
- Your Pan card number and its photocopy.