All you need to know about SBI home loan statement

In your SBI home loan statement or provisional interest certificate, you may get a breakdown of your SBI home loan payments for a certain fiscal year. It includes details like the personal data of the borrower, the home loan account number, the interest and principal amounts, as well as the expected and actual repayment schedules.

The SBI home loans Statement or Provisional Interest Certificate is accessible to borrowers both online and offline. Learn how to view your SBI Home Loan Statement by reading on.

Documents needed to obtain an SBI home loan interest certificate

The SBI Home Loan statement and interest certificate are available offline and online. The following documents must be brought to the nearby SBI branch for this.

• The relevant paperwork for the interest certificate, provisional interest statement, and/or home loan statement
• Include all relevant details, such as your date of birth, email address, and other contact details as necessary, including the home loan account number.
• Send the form together with copies of any necessary documents, including your passport, PAN card, and Aadhaar card.

How to download SBI Home Loan Interest Certificate/statement online

1. SBI’s Internet Banking Portal, “OnlineSBI,” may be accessed by logging in at https://retail.onlinesbi.com/retail/login.htm.
2. Select the “e-Services” tab.
3. Select the link for “My Certificates.”
4. Select the “Home Loan International Cert.” or “Home Loan International Cert.” link.

The “View / Obtain in PDF” link will take you to a page where you may download the provisional certificate for your loan account. You will be prompted to choose the loan account for which you wish to view the loan statement if you have several housing loan accounts.

How to obtain an offline SBI Home Loan Statement and Interest Certificate?

Call SBI customer service and ask to have a hard copy of your home loan statement provided to you to access it offline. As an alternative, you can make the request for a hard copy of the loan statement in person at the State Bank of India branch closest to you.

Is the SBI Home Loan statement and Interest Certificate always accessible?

You can always access the SBI Home Loan statement or Repayment Schedule. It is available for physical pickup at any SBI Home Loans location during regular business hours or for electronic download using the aforementioned procedures. Only at the start of the following fiscal year is the SBI Home Loans Interest Certificate for a certain fiscal year accessible. 

A Provisional Interest Statement is also available prior to the end of the current fiscal year. This is the total interest paid for that particular fiscal year on the SBI Home Loan. This is often required for the fiscal year’s income tax preparation and other financial tasks.

Why is the SBI home loan statement necessary?

The SBI home loan statement is necessary for the following reasons:

• Borrowers of house loans can regularly monitor their home loan operations with the aid of the SBI provisional certificate.
• It keeps the borrowers informed of the remaining loan term, owing amount, and forthcoming EMIs on their home loans.
• The SBI loan statements are also helpful when a specific loan is paid off. This is so that banks can assess a person’s ability to repay loans and utilise that information when deciding whether to grant them more loans.
• The SBI home loan tax certificate also specifies the amount of tax that must be paid. To claim tax deductions is essential.

What is the benefit of the SBI Home Loan Statement?

With the help of a statement, home loan borrowers may track their repayment of the mortgage. This document shows the entire amount paid as well as the remaining balance. Future financial planning can benefit from it. Understanding the financial repercussions of early loan repayment is also beneficial.

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