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SVC Bank Last updated2026-05-28

SVC Bank EMI Calculator 2026 rates.

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Quick answer

SVC Bank home loan rate starts at 8.7% (typical 9.4%) as of 2026. A ₹50 lakh loan at 9.4% over 20 years = an EMI of approximately ₹46,281/month.

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EMI Calculator

Live

Loan Amount

₹

₹25.00 L

Interest Rate (p.a.)

Tenure (years)

Monthly EMI

₹21,696

/month

Total Interest

₹27.07 L

52% of total

Total Payable

₹52.07 L

over 20 years

Principal vs Interest Split

48% principal

52% interest

✨ Live · For home, personal, auto, education loans · Excludes processing fees

📊 Current rates

SVC Bank loan rates (May 2026)

🏠 Home Loan

8.7–11.75%

typical: 9.4% p.a.

💵 Personal Loan

11.75–18%

typical: 14.25% p.a.

🚗 Car Loan

9.1–13.5%

typical: 10.6% p.a.

💳 Processing Fee

0.5% of loan amount (capped at Rs. 15000)

🔁 Prepayment

Zero foreclosure charges on floating-rate home loans per RBI guidelines. 2-5% charges on fixed-rate, vehicle, and personal loans in early tenure, reducing over time.

About SVC Bank

Why choose SVC Bank?

SVC Co-operative Bank (formerly Shamrao Vithal Co-operative Bank) is among India's oldest urban cooperative banks with a 118-year history, headquartered in Mumbai. With multi-state scheduled bank status, it serves customers across Maharashtra, Karnataka, Goa, Gujarat, and other states. Known for prudent management, strong asset quality, and competitive home loan rates that rival private banks.

🎯 Unique angle

Product highlights

✓ Mumbai and Maharashtra residents
✓ home loan borrowers
✓ SME owners
✓ NRI customers from Konkan region

❓ SVC Bank FAQ

Common questions.

Who should apply for an SVC Bank loan?

SVC Bank is best for residents of Mumbai, Maharashtra, Karnataka, and Goa seeking home loans, vehicle loans, or SME finance. The bank has a strong reputation in the Konkan community and serves NRIs from Karnataka coastal districts. Rates are competitive with mid-sized private banks.

How does SVC Bank compare to private banks?

SVC home loan rates are typically within 25 basis points of HDFC/ICICI while offering more personalized service. As a scheduled multi-state cooperative bank, it is regulated by RBI plus state law. Deposits are DICGC-insured up to Rs. 5 lakh per depositor.

What is the eligibility for SVC Bank loans?

Age 21-65, minimum Rs. 25,000 monthly income for salaried, 3 years business vintage for self-employed. CIBIL above 700 preferred. Property must be in their service area. NRIs from coastal Karnataka and Konkan diaspora are particularly welcomed with dedicated NRI home loan products.

Is SVC Bank safe?

Yes, SVC Co-operative Bank is a scheduled multi-state cooperative bank regulated by RBI and the Maharashtra Cooperative Societies Act. Deposits are DICGC-insured up to Rs. 5 lakh per depositor. The bank has over a century of stable operations and consistent profitability.

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