Person A took an SBI business loan of INR 2.5 Lakh for a 2-year time period at an interest rate of 18% per annum. The EMI would be calculated in the following manner: For the given scenario: Principal Loan Amount or P is equal to INR 2.5 lakh. The rate of Interest or R is 18%. SBI Realty can provide some interesting interest rates when it comes to getting plot/construction loans. SBI provides interest as low as 9.40% – 9.85% p.a. on plot loans, the CIBIL score must be 750 and above, fascinatingly, women are given a concession on purchasing home loans of 0.5%. The SBI FD interest rates for the general public range from 3.500% p.a. to 6.50% p.a. and for senior citizens FD rates range from 4 .00% p.a. to 7.50% p.a. The interest rate of SBI Tax Saving FD is 6.50% p.a. Also, for senior citizens SBI offers additional premium of 50 bps under “SBI Wecare’’ deposit scheme. SBI offers personal loans at interest rates starting at 11% p.a. with tenures of up to 7 years. The loan amount ranges from Rs.25,000 to Rs.20 lakh depending on your eligibility. The processing fee ranges up to 1.5% of the loan amount. SBI personal loans are offered to self-employed individuals and salaried individuals as well as those involved Karur Vysya Bank offers home loans at an affordable rate of interest and starts at 6.50%. The processing fee charged by the lender ranges between Rs.2,500 and Rs.7,500 plus GST. The repayment tenure for the availed loan can go up to 25 years. Top picks for you. Part-Payment Available. Processing Fees. Clean Overdraft. NIL. SBI Pension Loan. 1% of the loan amount with a minimum of Rs 1000 +GST and Maximum of Rs 10000 +GST. Jai Jawan Pension Loan. NIL. Xpress Credit. 1.50% of the loan amount with a minimum of Rs 1000 +GST and Maximum of Rs 15000 +GST. A subsidized interest rate by 6.5% for a 20-year loan tenure for people falling under the LIG/EWS category. An interest rate reduction by 4% for a 20-year loan tenure on a maximum amount of 9 lakhs (Rs.) for the MIG category. Subsidization of interest rate by 3% for a 20-year loan tenure or a maximum principal of Rs.12 lakh for the MIG II category. General documents required for all applicants. Filled-in SBI loan application form. Three copies of passport-size photographs. Residence proof that may include Aadhaar Card copy, the latest copy of a utility bill, passport or driving license. Identity proof that may include PAN, Voter ID Card, passport or driving license. The SBI mortgage loan interest rate calculator or EMI Calculator is available on the Quick Links menu at the right side of the SBI webpage. Click on this link and select the SBI loan against property calculator and then follow the steps mentioned below: Enter the loan amount that you are looking for loan against property EMI calculator SBI Home Loan EMI Calculator - SBI . Home Loan EMI calculator is a basic calculator that helps you to calculate the EMI, monthly interest and monthly reducing balance on the basis of principal amount, loan tenure and interest rate rliMXnn.