SBI: Independence Day has proved to be very special for Agniveers. If there is any Agniveer in your family, then this news is going to prove to be very valuable. SBI, which is counted among the largest banks of the country, has now started a special scheme. SBI has started a special personal loan scheme for Agniveers.

This scheme will benefit those Agniveers who have an account in SBI. Under this scheme, Agniveers can get a loan of up to Rs 4 lakh without any collateral, where there is not going to be any problem. Not only this, but it has been decided to completely waive the processing fee of the loan.

Read More: Indian Railways Introduces Last-Minute Booking for Vande Bharat Express – Here’s How It Works

Read More: Are 500 Rupee Notes being banned? Government breaks the silence on viral news!

SBI has fixed the interest rates

In this scheme of SBI, the loan repayment period will be determined according to the Agneepath recruitment program. SBI has also fixed a flat interest rate of 10.50 per cent for all defence employees under this scheme. This will remain applicable till September 30.

This scheme of SBI is going to prove to be a boon for such Agniveers who feel the need for an immediate loan during or after their job. This initiative of SBI is based on its defence salary package. Many types of facilities are also provided under this package.

In this, facilities like a zero balance account, a free international gold debit card, and unlimited free transactions from SBI ATMs across the country will be easily available. Apart from these, the annual maintenance charge will be waived on the debit card.

Know the basis of SBI.

For information, let us tell you that SBI is counted among the largest banks in the country. According to a report, by the year 2025, it had advances of Rs 54.73 lakh crore. Apart from this, the bank also has 22,980 branches, 62,200 ATMs and more than 76,800 BC outlets across the country.