Overdraft home loan comparison: SBI MaxGain vs regular loan shows parking ₹1 L monthly surplus saves ₹3.2 L interest and reduces tenor by 28 months on ₹50 L loan.

Mechanism: Surplus funds reduce daily outstanding balance, interest calculated on lower amount, funds remain accessible. Features: Cheque book facility, online transfers, ATM access, no prepayment charges. Requirements: Minimum ₹25,000 balance, 0.2% higher rate than regular loan.

Comparison: vs regular loan 8%, MaxGain effective rate 6.5% with surplus management. Alternative: ICICI Home Overdraft, BOB Home Suvidha offer similar products. Suitability: Salaried with surplus, business owners, irregular income. Keywords: overdraft home loan, MaxGain benefit, surplus management.