SBI Bridge Home Loan Scheme

The SBI Bridge Home loan product is specifically designed for homeowners who want to buy bigger homes or relocate to a different area by selling their existing homes. The SBI Bridge Home Loan offers a solution to the delay in selling and purchasing properties. Acting as a short-term loan, it fills the financial gap between the two transactions. The repayment period spans 2 years, accompanied by competitive interest rates starting from 9.50% p.a. With this financing option, applicants can request loan amounts ranging from Rs.20 lakh to Rs.20 crore. Essentially, bridge loans serve as temporary funding to bridge the divide between short-term and long-term financial needs.

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Written By
Kirti Bansal
Kirti Bansal
Kirti Bansal is an esteemed financial expert and accomplished writer, specializing in a range of financial topics, including Financial Services, Investments, Loan Assessments, Mutual Funds, and Banking. With a wealth of experience in the financial industry, she has earned a reputation as a trusted voice! Her expertise serves as a beacon for those navigating the intricacies of finance.
Reviewed By
Amit Prakash Singh
Amit Prakash Singh
Co-Founder, Square Yards & Chief Business Officer, Urban Money
Amit Prakash Singh is the Chief Business Officer at Urban Money. With over nine years of experience at Square Capital, he has played a crucial role in establishing it as one of India's premier loan advisory services. Amit's deep financial insights and extensive knowledge have driven significant business growth and strategic advancements. He has successfully built and managed large sales teams, optimised costs, and created leaders within the industry. Amit's financial expertise and strategic vision are key to the ongoing success and expansion of Square Yards and Urban Money.

Last Updated: 10 December 2025

SBI Bridge Home Loan – Features and Benefits

FEATURES BENEFITS
Maximum Tenure of 2 Years Allows borrowers a short-term financing solution.
Competitive Interest Rates 10.45% p.a. (1-year MCLR + 2.45%), Second Year – 11.45% p.a. (1 Year MCLR + 3.45%)

OR

Interest Rates starting from 9.50% p.a.

Processing Fee Relatively low processing fee for loan processing starting from 0.35%

SBI Bridge Home Loan Interest Rates

The SBI Bridge Home Loan Scheme presents an attractive interest rate starting from 9.50% p.a.

SBI Bridge Home Loan Fees and Charges

  • The SBI Bridge Home Loan Scheme imposes a Processing Fee starting from 0.35%.
  • Advocate fee for the assessment of property value and investigation of title.
  • Stamp Duty payable for loan agreement and mortgage.

SBI Bridge Home Loan – Eligibility Criteria

  • Age Limit: 18-70 Years
  • Nationality: Indian

SBI Bridge Home Loan – Documents Required

  • Identity Proof 
  • Complete Loan Application Form 
  • A recent copy of the Telephone Bill/Electricity Bill/Water Bill/Piped Gas Bill
  • Property Papers (Occupancy Certificate, Maintenance Bill, Property Tax Receipt, etc)
  • Account Statement
  • Income Proof (for salaried Applicant/Co-Applicant/Guarantor)

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