SBI Raises Home Loan Interest Rates, Impacting EMIs from October 15, 2026
State Bank of India (SBI) has increased its home loan interest rates by 15 to 25 basis points, effective October 15, 2026. The hike affects loans linked to the Marginal Cost of Funds-Based Lending Rate (MCLR) and the External Benchmark Linked Rate (EBLR), potentially raising monthly EMIs for borrowers. For example, a Rs 30 lakh loan over 20-30 years could see EMI increases ranging from around Rs 350 to Rs 1,563, depending on loan terms. Borrowers may choose to extend loan tenure or increase EMIs, impacting total interest paid.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (50/100). Lens Score 44/100.
Outlets measured: freepressjournal, economictimes. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (48–50/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
economictimes broke this story on 15 Oct, 06:49 am. Other outlets followed.