SBI Shaurya Home Loan For Defense Personnel - Army, Navy and Air Force
SBI has introduced "Shaurya Home Loan" featured exclusively for Indian Defense personnel. SBI Shaurya Home Loan reduces burden of servicing EMI under the new schemes as lower EMI would need to be serviced during the post-retirement term. This is because the EMI to be serviced during the post-retirement term are capped at 50% of the current Net Monthly Income (NMI).