Looking to purchase, construct, or renovate a home in tribal or hilly areas? SBI Tribal Plus Home Loan is the perfect solution. This loan can be used for purchasing a new house/flat, constructing a new home (without mortgaging land), buying an existing house/flat (under 10 years old), or for repairing and extending an existing home.
Available at all SBI branches in tribal and hilly areas, this loan also offers the flexibility of being secured with a third-party guarantee and comes with no pre-payment penalty, making it easier for you to manage repayments.
SBI Tribal Plus Highlights
SBI Tribal Plus is a specialized home loan scheme designed to support tribal communities in India. Key features include concessional interest rates, extended repayment tenures, subsidies under government schemes, and relaxed eligibility criteria. It aims to promote homeownership in rural/tribal areas with minimal documentation and flexible terms.
| Categories | Highlights |
|---|---|
| Interest Rates | 8.00% p.a. onwards |
| Loan Amount | Salaried: ₹20 Lakh Self Employed: ₹15 Lakh |
| Tenure | Up to 15 Years |
| Processing Fees | 0.35% of the loan amount + GST, (₹2,000 – ₹10,000) |
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SBI Tribal Plus Interest Rates 2025
Affordable rates designed to make housing accessible for tribal borrowers, aligned with subsidies and social welfare goals.
| Product | Interest Rates |
|---|---|
| SBI Tribal Plus | 8.00% p.a. onwards |
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SBI Tribal Plus Eligibility Criteria
Focuses on tribal beneficiaries with simplified requirements, ensuring inclusivity for those in rural/tribal regions.
| Categories | Requirements |
|---|---|
| Age | 21 – 60 Years |
| Nationality | Indian Resident |
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SBI Tribal Plus Documents Required
Basic KYC, income proofs, and property details—kept simple to reduce hurdles for applicants.
General Documents
| Document | Notes |
|---|---|
| Employer Identity Card | Official ID issued by employer |
| Completed Loan Application Form | Duly filled, attach 3 passport‑size photographs |
Proof of Identity (submit any one)
| Acceptable ID |
|---|
| PAN Card |
| Passport |
| Driver’s License |
| Voter ID Card |
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Proof of Residence (submit any one)
| Acceptable Document |
|---|
| Recent Telephone Bill |
| Electricity Bill |
| Water Bill |
| Piped Gas Bill |
| Passport |
| Driving License |
| Aadhaar Card |
Property Papers
| Document | When / Where applicable |
|---|---|
| Permission for Construction | New builds where approval is required |
| Registered Agreement for Sale / Allotment Letter / Stamped Agreement for Sale | Registered Agreement for Sale—Maharashtra only |
| Occupancy Certificate | Ready‑to‑move properties |
| Share Certificate | Maharashtra housing societies |
| Maintenance, Electricity & Property Tax Bills | Latest copies |
| Approved Plan Copy (Blueprint) | Xerox blueprint of sanctioned plan |
| Registered Development Agreement of Builder | New property projects |
| Conveyance Deed | New property projects |
| Payment Receipts / Bank Statements | Evidence of all payments to builder/seller |
Account Statements
| Statement | Period to Submit |
|---|---|
| Bank Account Statements (all accounts) | Last 6 months |
| Existing Loan Account Statement | Last 1 year |
Income Proof – Salaried Applicants / Co‑applicants / Guarantors
| Document | Period |
|---|---|
| Salary Slips / Salary Certificate | Last 3 months |
| Form 16 | Last 2 years |
| IT Returns (acknowledged) | Last 2 financial years |
Must Read: How to Get a Home Loan With Out Income Proof?
SBI Tribal Plus Processing Fee
Low or waived fees for eligible borrowers, ensuring the process remains cost-friendly.
| Processing Fees |
|---|
| 0.35% of the loan amount + GST |
| Minimum: ₹2,000 | Maximum: ₹10,000 |
Suggested: Check Out the Nearest SBI Branch
SBI Tribal Plus Other Charges
Minimal additional costs, keeping the loan affordable and aligned with its social mission.
| Charges/Reason | Details |
|---|---|
| CERSAI Registration Charges | ₹100 + GST |
| Fee for Switching to Current Card Rate | ₹5,000 + GST |
| Safe Custody Charges | ₹1,000 + GST per quarter or part thereof for delayed collection of original title deeds (beyond 60 days). |
| Conversion Charges for Switching Loan | Switching loan from MCLR/Base Rate/SBAR to EBLR is allowed at ₹1,000 per account + GST. |
| Penalty for Failed/Non-Payment of EMI | ₹250 + GST per EMI missed |
| Penalty for Cheque Returned (Insufficient Funds) | ₹500 + GST |
| Penalty for Failed SI/NACH | ₹250 + GST per failed SI/NACH transaction |
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How to Apply for SBI Tribal Plus?
Quick online or branch application with dedicated support for tribal borrowers. Hassle-free steps to turn your dream home into reality.
- Visit the official SBI Home Loan Application Form.
Form A – Personal Details: Fill in your personal details such as name, date of birth, PAN, contact information, KYC, and marital status.
Form B – Employment & Income: Provide your employment status and income details to assess your loan repayment ability.
Form C – Property & Loan Details: Enter specifics about the property and the loan amount, tenure, and other details.
Form D – Declaration: Read and sign the declaration to confirm your agreement.
- Submit Required Documents
After completing the application, gather the necessary documents. SBI offers a doorstep document collection service for your convenience.
- Application Processing
Once you submit all the required documents, SBI will process your application. Upon successful application approval, you will receive a loan sanction letter.
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Compare Top Banks Home Loan Interest Rates 2025
Explore options beyond SBI! See how other lenders stack up in terms of rates, flexibility, and tribal-friendly features.
| Bank | Up to Rs. 30 Lakh | Above Rs. 30 Lakh to Rs. 75 Lakh | Above Rs. 75 Lakh |
|---|---|---|---|
| SBI Bank | 8.50% p.a. onwards | 8.5% p.a. onwards | 8.50% p.a. onwards |
| HDFC Bank | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards |
| LIC Bank | 8.50% – 10.35% p.a. | 8.50% – 10.55% p.a. | 8.50% – 10.75% p.a. |
| ICICI Bank | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards |
| Kotak Mahindra Bank | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards |
| Punjab National Bank | 8.50% – 11.05% p.a. | 8.50% – 11.05% p.a. | 8.50% – 11.05% p.a. |
| Bank Of Baroda | 8.40% – 10.65% p.a. | 8.40% – 10.65% p.a. | 8.40% – 10.90% p.a. |
| Bajaj Housing Finance | 8.50% p.a. onwards | 8.50% p.a. onwards | 8.50% p.a. onwards |
| Axis Bank | 8.75%-10.30% p.a. | 8.75%-10.30% p.a. | 8.75%-10.30% p.a. |
| Bank of India | 8.40% p.a onwards | 8.40% p.a onwards | 8.40% p.a onwards |
| TATA Capital | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards |
Conclusion
Buying a home is a big step. Getting a home loan can be hard, but we make it easy. Choosing Credit Dharma for your home loan simplifies this process. We offer expert advice and personalized assistance to make everything hassle-free. You’ll receive timely updates on your loan application and disbursement progress.
From the initial application to the final disbursement, we provide comprehensive support. Enjoy clear and honest communication at every stage, with no hidden surprises.
Frequently Asked Questions
To qualify for the SBI Tribal Plus home loan, applicants must be between 21 and 60 years of age, residing in designated tribal or hilly regions, and have a stable income source. Specific documentation is required for verification.
The repayment tenure for the SBI Tribal Plus home loan can extend up to 15 years. This flexibility allows borrowers to manage their EMIs effectively, ensuring affordability and timely repayment.
Yes, the processing fee for the SBI Tribal Plus home loan is 0.35% of the loan amount. This nominal fee ensures that the loan remains affordable for applicants in tribal and hilly regions.
Yes, individuals residing outside the specified tribal or hilly areas can still avail of the SBI Tribal Plus home loan if they intend to use the loan for a property in their native village within these regions.
No, the SBI Tribal Plus home loan does not impose any prepayment penalty. Borrowers have the flexibility to repay their loan early without incurring additional charges, promoting financial freedom.
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