Good news for those who want personal loan from State Bank of India..
State Bank of India (SBI) has introduced a new scheme which allows customers to get Rs. Enables availing personal loans up to 20 lakhs. It is convenient to meet your financial needs. Here are the key details and steps to apply for a personal loan at SBI.
Interest rates
* SBI offers personal loans from Rs.24,000 to Rs.20 lakhs.
* Interest rates vary between 11.15% to 14.55% depending on the loan amount.
* 1.5% Processing Fee will be charged in addition to GST.
* Maximum repayment period for Loan is up to 72 months (6 years).
Eligibility Criteria
1 .Only Indian citizens having account with SBI are eligible.
2. Monthly income should be above ₹15,000.
3.Employees of central government, state government and private organizations can apply.
4. Applicant’s age should be between 21 years to 58 years.
Required Documents
– ITR document
– Aadhaar card
– Salary slip
– Last 6 months bank statement
– PAN card
Online Application Process
1. Visit SBI official website and click on Loan Option
.2. Select “Personal Loan 2024″ option.
3. Click on “Apply Now” to open the registration form
.4. Fill your personal information in the application form.
5. Upload the required documents on the website.
6. Click on “Submit” to complete the application.
7. The bank will verify your application and a bank employee will contact you for further verification.
8. Once the verification process is completed, the loan amount will be transferred to your bank account within few hours.
By following these steps, individuals can easily apply for Parsonal Loan from SBI from their home.
