Are you thinking of taking a personal loan from SBI? If yes, then this article is for you.
In this we will give you complete information about SBI Personal Loan, which includes:
interest rates
how to apply
Required Documents
Ability
loan calculator
frequently Asked question
SBI Personal Loan Interest Rates:
Interest rates for SBI Personal Loan start from 11.15% per annum. This interest rate depends on several factors including your loan profile, loan amount and loan tenure.
how to apply:
You can apply for SBI personal loan online or offline.
Online Application:
Visit the official website of SBI https://sbi.co.in/web/personal-banking/loans/personal-loans.
Click on the “Personal Loans” tab.
Click on “Apply Now” button.
Fill the required information and submit the application.
Offline Application:
Visit your nearest SBI branch.
Get the personal loan application form.
Fill the required information and submit it along with the required documents.
Required Documents:
Identity Proof (Aadhar Card, PAN Card, Voter ID)
Address proof (Aadhar card, electricity bill, telephone bill)
Income Proof (Salary Slip, ITR)
Bank account statement
Ability:
The applicant must be an Indian citizen.
The age of the applicant should be between 18 years to 60 years.
The applicant must have a good job or business.
The credit score of the applicant should be good.
Loan Calculator:
There is a loan calculator available on the SBI website by which you can calculate your monthly installment based on your loan amount, interest rate and loan tenure.
frequently Asked question:
Question 1: What is the maximum loan amount for SBI Personal Loan?
Answer: The maximum loan amount for SBI Personal Loan is ₹50 lakh.
Question 2: What is the maximum loan tenure for SBI Personal Loan?
Answer: The maximum loan tenure for SBI Personal Loan is 7 years.
Question 3: Can I use SBI Personal Loan for any purpose?
Answer: Yes, you can use SBI Personal Loan for any purpose, such as education, medical, marriage, travel, etc.
SBI Personal Loan is a good option for those who need a loan at a low interest rate. The application process for SBI Personal Loan is easy and the loan is approved quickly. If you are considering applying for an SBI Personal Loan, I recommend you to visit the SBI website or contact your nearest SBI branch.
