How to Check Outstanding Home Loan Amount in SBI

If you have a home loan with the State Bank of India (SBI), it is essential to know how to check the outstanding amount regularly. This ensures that you stay updated on your loan balance, plan your finances effectively, and manage your repayments efficiently. In this guide, we'll walk you through various methods to check the outstanding amount on your SBI home loan, including online and offline options. We’ll also cover the benefits of each method and provide step-by-step instructions for the most common approaches.

1. Checking Outstanding Home Loan Amount Online

A. SBI Internet Banking

1. Log in to SBI Internet Banking: Visit the official SBI internet banking website and log in with your credentials (username and password). If you haven’t registered for internet banking yet, you’ll need to do so by visiting your branch or through the SBI website.

2. Access the Home Loan Section: Once logged in, navigate to the 'Loans and Advances' tab or 'Loan Accounts' section.

3. Select Your Home Loan Account: Choose the home loan account for which you want to check the outstanding amount.

4. View Outstanding Balance: The outstanding balance along with other details such as EMI status, repayment history, and next payment due date will be displayed.

B. SBI YONO App

1. Download and Install SBI YONO App: Available on both Android and iOS, download the SBI YONO app from your respective app store.

2. Log in to the App: Use your internet banking credentials to log in.

3. Navigate to Loans: Go to the 'Loans' section on the app.

4. Choose Your Home Loan: Select the specific home loan account to view the details.

5. Check Outstanding Balance: The app will show the outstanding loan amount, along with any other relevant loan details.

C. SBI Quick Missed Call Service

1. Register for SBI Quick: Ensure that your mobile number is registered with SBI for the quick call service. This can be done by visiting your branch.

2. Dial the SBI Quick Number: Call the number 09223766666 from your registered mobile number.

3. Follow Voice Prompts: Listen to the automated instructions and select the option for home loan details.

4. Receive the Outstanding Amount: An SMS with your outstanding home loan balance will be sent to your registered mobile number.

2. Checking Outstanding Home Loan Amount Offline

A. Visit Your SBI Branch

1. Go to Your Home Branch: Visit the SBI branch where your home loan is registered.

2. Request the Outstanding Balance: Speak to a customer service representative and request information about your outstanding home loan balance.

3. Provide Necessary Details: You may need to provide your loan account number and other identification details.

4. Obtain the Information: The branch representative will provide you with a statement or details of your outstanding loan amount.

B. Call SBI Customer Care

1. Dial the Customer Care Number: Call 1800 11 2211 or 1800 425 3800 from your registered mobile number.

2. Follow Instructions: Follow the automated instructions to connect to a representative.

3. Request Loan Details: Ask the representative for your outstanding home loan balance.

4. Provide Verification: You may need to verify your identity with personal details or your loan account number.

3. Benefits of Each Method

A. Online Methods

• Convenience: Check your outstanding balance anytime, anywhere.
• Instant Access: Receive updated information in real-time.
• Comprehensive Information: Access detailed loan information and history.

B. Offline Methods

• Personal Assistance: Direct interaction with bank representatives for clarification.
• Verification: Official documentation provided if needed.

4. Conclusion

Knowing how to check the outstanding amount on your SBI home loan is crucial for effective financial management. Whether you prefer the convenience of online methods like internet banking and mobile apps or the personal touch of visiting a branch or calling customer care, SBI offers various options to suit your needs. Regular monitoring of your loan balance helps you stay on top of your repayments and manage your finances more effectively.

Remember to keep your contact information updated with the bank to ensure you receive timely updates and notifications related to your home loan.