State Bank of India loan interest rates today
Updated 8 Nov, 6:30 am · 9 products · RBI repo rate 5.50% · EBLR 8.15%
SBI loan rates – November 2026
| Loan | Compare | Rate (p.a.) | Up to | Fee | Source |
|---|---|---|---|---|---|
| Scholar Loan (premier institutes) | Education loan rates | 7.15% – 7.90% | ₹50 L | – | SBI website read 8 Nov, 6:30 am |
| Home Loan Credit score 650+ usually | Home loan rates | 7.50% – 9.00% | ₹10 Cr | up to 0.35% | SBI website read 8 Nov, 6:30 am |
| SME Term Loan / Cash Credit Credit score 700+ usually | MSME term loan rates | 8.25% – 10.50% | ₹50 Cr | up to 0.5% | Our lender list checked 25 Oct 2026 |
| Car Loan Credit score 700+ usually | Car loan rates | 8.55% – 9.50% | ₹1 Cr | up to 0.25% | SBI website read 8 Nov, 6:30 am |
| Personal Gold Loan | Gold loan rates | 9.20% – 10.25% | ₹50 L | up to 0.25% | SBI website read 8 Nov, 6:30 am |
| Loan Against Property Credit score 700+ usually | Loan against property rates | 9.25% – 10.50% | ₹7.5 Cr | up to 1% | Our lender list checked 25 Oct 2026 |
| Student Loan / Global Ed-Vantage | Education loan rates | 9.65% – 10.15% | ₹3 Cr | – | SBI website read 8 Nov, 6:30 am |
| Xpress Credit Personal Loan Credit score 700+ usually | Personal loan rates | 10.00% – 15.00% | ₹35 L | up to 0.5% | SBI website read 8 Nov, 6:30 am |
| Pension Loan Credit score 650+ usually | Personal loan rates | 11.45% – 11.95% | ₹20 L | up to 0.5% | Our lender list checked 25 Oct 2026 |
Published ranges for new loans. State Bank of India decides the final rate at sanction. Fee is the processing fee as a share of the loan, before GST.
How SBI compares
- Education loan: SBI is number 1 of 9 options on starting rate – the lowest today. Compare
- Home loan: SBI is number 3 of 17 options on starting rate – lowest today is 7.40% at Bank of Baroda. Compare
- MSME term loan: SBI is number 2 of 30 options on starting rate – lowest today is 8.20% at Canara Bank. Compare
- Car loan: SBI is number 2 of 5 options on starting rate – lowest today is 8.40% at ICICI Bank. Compare
- Gold loan: SBI is number 1 of 5 options on starting rate – the lowest today. Compare
- Loan against property: SBI is number 7 of 13 options on starting rate – lowest today is 7.50% at Bajaj Finance. Compare
- Personal loan: SBI is number 5 of 18 options on starting rate – lowest today is 9.90% at Navi Finserv. Compare
Common questions
What is the lowest loan interest rate at SBI today?
As on 8 Nov 2026, the lowest starting rate in our list for State Bank of India is 7.15% p.a. on its Scholar Loan (premier institutes). The rate offered to you depends on your credit score, income or business financials and the security offered.
What is SBI’s EBLR today?
State Bank of India’s EBLR is 8.15%, against the RBI repo rate of 5.50%. Floating-rate home and MSME loans are priced as this benchmark plus a spread for your profile.
How often are SBI rates updated here?
Rates for 6 of the 9 SBI products on this page are read from the SBI website twice a day, at 6:30 am and 2:30 pm. The others come from our lender list, with the date each was last checked.
Will SBI give me a loan?
Check your eligibility on Funding Desk – it tests your figures against the lender’s norms on credit score, income or DSCR, loan-to-value and security, and shows the likely amount, rate and EMI. It does not affect your credit score.