State Bank of India Home loan will be disbursed only on the following conditions. you can follow the guidelines online to know the process easily.

1. 1/22/2018 9 Step Guide on how to apply for SBI Home Loan 2018 - Cheap Mortgages
http://www.cheapmortgagesrate.com/9-step-guide-on-how-to-apply-for-sbi-home-loan-2018/ 1/7
Home Loans from offered by State Bank of India are built on
a robust foundation of transparency and trust. With its low-
interest rates, affordable processing fees and no hidden
costs.
State Bank of India Home loan will be
disbursed only on the following
conditions. you can follow the
guidelines online to know the process easily.
Home  Home Loan News  9 Step Guide on how to apply for SBI Home Loan 2018
HOME LOAN NEWS
9 Step Guide on how to apply for SBI Home
Loan 2018
Posted on 31 mins ago 5 min read 0015  
 Share on Facebook  Share on Twitter 
Share
on
Google+

Share
on
Reddit

Share
on
Pinterest

Share
on
Linkedin

Share
on
Tumblr
Home Loan News Home Loan Balance Transfer
12NEW
ARTICLESFinance

2. 1/22/2018 9 Step Guide on how to apply for SBI Home Loan 2018 - Cheap Mortgages
http://www.cheapmortgagesrate.com/9-step-guide-on-how-to-apply-for-sbi-home-loan-2018/ 2/7
Step 1: Make sure your documents are ready
Before applying for a home loan from SBI, you have to have all your legal documents from your builder.
This is usually a booking receipt and a copy of the check.
Step 2: Take legal opinion
With all the required legal documents, you need to go to a lawyer who is part of the SBI panel and
verify them. He must confirm the contract for sales contract and construction. Sometimes a document
like Encumbrance Certificate, a tax receipt paid to date. This step requires a lot of documents from
various sources, which can take a long time.
Step 3: Property Value
After the completion of the legal valuation, the property of the SBI Panel should be assessed by a
valuable person. After evaluating the property, you will be given a letter.
Step 4: e-stamping
This is mandatory for the sale and construction contract clearly or e-stamped SBI housing loan. The e-
stamping value may vary depending on your asset value. Registered Office will be frank, e-stamping
offices, post office and syndicate banks.
Step 5: Submission of the application
After completion of the above steps, the borrower must visit SBI, along with documents and application
forms. According to the bank submitted, documents to be submitted are a legal opinion, valuable
statement and others.

3. 1/22/2018 9 Step Guide on how to apply for SBI Home Loan 2018 - Cheap Mortgages
http://www.cheapmortgagesrate.com/9-step-guide-on-how-to-apply-for-sbi-home-loan-2018/ 3/7
Step 6: Wait for a long time
The person may shift from person to person as long as waiting for loan approval. Special housing loan
can expend debt in three days. However, the sequential clearance is needed, which asks for other
things to check and speed up the process.
Step 7: Documentation
SBI should give you a call immediately after lending. You are asked to submit some more documents,
including:
Two e-stamps valued at Rs.400, where you are the first party and SBI second party.
The parties are equal.
E-stamp worth Rs200, first party promoter and SBI second party.
All documents submitted in the loan application.
Check-in favour of State Bank of India.
You must be at the bank with all the documents above your guarantor.
Step 8: Debt Distribution
After the loan is granted to SBI, the borrower should get the following documents from the builder:
The asset declared that it was not at any other bank.
If the property is under construction, the Mumbai contract.
Compare the demand note from the builder, the payment schedule.

4. 1/22/2018 9 Step Guide on how to apply for SBI Home Loan 2018 - Cheap Mortgages
http://www.cheapmortgagesrate.com/9-step-guide-on-how-to-apply-for-sbi-home-loan-2018/ 4/7
Tags 9 Step Guide on how to apply for SBI Home Loan 2018 how to apply for sbi home loan in 2018
SBI Home Loan - complete guide on how to apply for home loan 2018 SBI Home Loan 2018
Step 9: Registration
Before the registration process, verify the stamp duty and give the same information to the bank. Upon
completion of registration, an officer from SBI bank may ask you to send the DMD to the builder or
sometimes from your branch.
SBI housing loans do not have any priority for home loan borrowers because the initial payment is not
paid and you can pay the loan without worry if you reduce your interest.
4 ways to save money on home loan interest
Owning a dream home is paramount for many of us, even from an investment point
of view it is recommended to get a home loan online and invest in your dream
home as soon as you secure your rst job. We at mymoneykarma.com will help you
with 4 ways to save money on home loan interest so … Continue reading
0mymoneykarma
 Share on Facebook  Share on Twitter 
Share
on
Google+

Share
on
Reddit
 Share
on
Pinterest

Share
on
Linkedin

Share
on
Tumblr