Bank of Maharashtra
Central bank of India
Interest Rate
7.1% – 9.25% p.a.
Loan Amount
Up to 90%
Interest Rate
7.2% – 8.7% p.a.
Loan Amount
Up to 90%
Indian Overseas Bank Home Loan vs Sbi Home Loans Home Loan Comparison | Ambak
The indian overseas bank vs sbi home loan comparison: Indian Overseas Bank (3,200+ branches across India, PSU) offers IOB Subha Gruha and Home Improvement; SBI (22,000+ branches, 50+ crore customers, PSU) offers SBI Home Loan, Realty, Privilege and Shaurya. Differences lie in schemes, eligibility, digital experience and customer segments.
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indian overseas bank vs sbi: Indian Overseas Bank offers IOB Subha Gruha and Home Improvement with women concession under Subha Gruha and dedicated Home Improvement variant. SBI offers SBI Home Loan, Realty, Privilege and Shaurya with women-borrower concession. Related search: None. Choice depends on borrower profile, scheme fit and network reach.
indian overseas bank
Home Loan
Ambak Recommended
State Bank of India
Home Loan
| Metric | indian overseas bank | State Bank of India |
|---|---|---|
 Interest Rate | ||
7.35% – 10% 7.25% – 9.5% | ||
 Interest Rate | 7.35% – 10% | 7.25% – 9.5% |
 Processing Fee | ||
Rs. 15,000 + GST Rs.15,000 + GST | ||
 Processing Fee | Rs. 15,000 + GST | Rs.15,000 + GST |
 Max LTV | ||
Up to 90% Up to 90% | ||
 Max LTV | Up to 90% | Up to 90% |
 Max Loan Amount | ||
₹2500000 Cr ₹3000000 Cr | ||
 Max Loan Amount | ₹2500000 Cr | ₹3000000 Cr |
 Min Loan Amount | ||
₹5000 Cr ₹5000 Cr | ||
 Min Loan Amount | ₹5000 Cr | ₹5000 Cr |
 EMI per Lakh | ||
₹797 ₹791 | ||
 EMI per Lakh | ₹797 | ₹791 |
Why Choose indian overseas bank Home Loan
Indian Overseas Bank is a PSU lender with 3,200+ branches across India. Variants include IOB Subha Gruha and Home Improvement, designed for salaried, women and government employees. Key features include women concession under Subha Gruha, dedicated Home Improvement variant and government-employee scheme. Indian Overseas Bank suits borrowers looking for South India PSU with women concessions.
- Lower rates on average. Get access to better-than-advertised rates—typically lower depending on your profile and eligibility.
- Balance transfer made simple. One form, we fetch offers from 70+ lenders and compute net savings after fees.
- Human advisors. Complex cases (self-employed, NRI, under-construction) get an expert, not a chatbot.
Why Choose State Bank of India Home Loan
SBI is a PSU lender with 22,000+ branches, 50+ crore customers. Variants include SBI Home Loan, Realty, Privilege and Shaurya, designed for salaried, women, defence and government employees. Key features include women-borrower concession, YONO digital onboarding and OD-linked SBI Maxgain. SBI suits borrowers looking for wide PSU network and scheme variety.
- Lower rates on average. Get access to better-than-advertised rates—typically lower depending on your profile and eligibility.
- Balance transfer made simple. One form, we fetch offers from 70+ lenders and compute net savings after fees.
- Human advisors. Complex cases (self-employed, NRI, under-construction) get an expert, not a chatbot.
indian overseas bank Reviews
3.8 / 5(10 reviews)
What people like- •Covers up to 90% of the property cost so you don't need a large upfront amount
- •Loans available up to ₹25 Cr
- •Processing fee: Rs. 15,000 + GST
- •Simple paperwork — fewer documents needed compared to most banks
- •Repay over up to 30 years to keep your monthly outgo low
- •Can transfer your existing home loan here to save on interest
What people don't like- •Interest rate of 7.35% is slightly higher than State Bank of India's 7.25%
- •Monthly EMI of ₹797/lakh is ₹6 more than State Bank of India
- •Self-employed borrowers may face a longer approval process
- •Fewer branches in smaller cities and towns
Reviews summarised from buyer forums and listings; personal site visit recommended.
State Bank of India Reviews
4.3 / 5(10 reviews)
What people like- •Interest starts at 7.25% — that's cheaper than indian overseas bank's 7.35%
- •You pay only ₹791/lakh per month — ₹6 less than indian overseas bank
- •Covers up to 90% of the property cost so you don't need a large upfront amount
- •You can borrow up to ₹30 Cr — suitable for high-value properties
- •Processing fee: Rs.15,000 + GST
- •Simple paperwork — fewer documents needed compared to most banks
What people don't like- •Self-employed borrowers may face a longer approval process
- •Fewer branches in smaller cities and towns
- •Prepayment charges can apply if you have a fixed interest rate
- •High-value loans require detailed income proof
Reviews summarised from buyer forums and listings; personal site visit recommended.
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