Personal Loan SBI: Attractive Rate Of Interest


It can use for any personal purpose such as renovation your home, marriage-related expenses, a family vacation, child’s education, purchasing the latest things, meeting unexpected medical expenses or any other emergencies.

If you are looking for a personal loan for various purpose, then personal loan SBI is your right choice. The bank can provide all types of flexibilities so that whenever you need urgent money and plan to repay quickly, a personal loan is an answer. Personal loan SBI is the best thing it can suit individual’s situation.

The bank can give approval without any documents. They ask minimal KYC and CIBIL score. CIBIL score is an important thing when you want a loan or credit card. It should be more than 750 or not less than 650 points.

Do you know for your ease, the state bank of India can release the offers under the scheme? Yes, Xpress credit, Xpress elite, and pension. For each scheme has different rules and regulations.

SBI Xpress Credit Personal Loan Rules

Net monthly income must be at least Rs 5,000 per month, and the applicants EMI or net monthly income ratio must not be exceeding 50%

SBI Xpress Bandhan Personal Loan Rules

Net gross monthly income should be Rs 50,000, and salaried employees not maintaining a salary account with SBI

SBI Pension Loan Rules

The maximum age should be 76 years, and the person must be drawing a pension from the central or state government and have an account with SBI

Personal Loan SBI: Know The Four Simple Steps To Apply

To apply for a personal loan, should visit the site and follow their instructions. As you know, they ask for minimal documents and after that give instant approval.

  • Go to the official site of the bank
  • Fill the personal-professional information
  • Upload KYC with a recent passport size photograph
  • Share registered email ID or mobile number

SBI Personal Loan Interest-Rate: They Give The Lowest Interest Rate

It’s a basic thing when you are planning to need extra fund through the bank, should know the SBI personal loan interest rate. You can measure your calculation with this device and don’t need to pay extra amount.

The interest rate starts from 10.75% to 15.15%, for a minimum loan amount of Rs 24,000, maximum 24 times net monthly income subject to a maximum of Rs 15 lakh. For overdraft minimum Rs 10 lakhs, maximum 24 times net monthly income subject to a maximum Rs 15 lakh. Tenure five years or 60 months. Processing fee Nil 1% of the loan amount with GST.

If you have any query related to the interest rate or personal loan should call on toll-free number 1800 425 3800. You can take their number from the site and clear the doubts. The moment you can dial this number the executives give the best solution and make sure your all queries should resolve within a second. Their motive to enjoy the personal loan SBI card benefits and make your wish come true.

Leave a reply