SBI Personal Loan Apply, Interest Rate 2024, Calculator, Eligibility

SBI Personal Loan Apply, Interest Rate 2024, Calculator, Eligibility: If you are in dire need of money and want to take SBI Personal then this article is for you. Do you need to take personal loan from State Bank of India (SBI), by following which term and condition you can become eligible to take personal loan from State Bank of India (SBI )

You do not need to go to SBI branch to take SBI Instant Personal Loan. You can apply for SBI personal loan online. In this article, we will provide in detail about How to get personal loan from SBI? what is the interest rate, eligibility, documents of SBI personal loan and how can we apply for this loan etc., so complete this article till the end.

SBI Personal Loan

Loan taken for personal expenses Personal Loan happens | Personal loan has both advantages and disadvantages. You for marriage, vacation, unplanned emergency or planned shopping, house repair etc. You can take SBI Personal Loan. As you know that personal loan is an unsecured loan. If you do not know what is secured and unsecured loan, then you can visit this link Secured and Unsecured Loan You can get information by clicking on

That’s why the bank gives you this loan on the basis of your CIBIL score. IF yours CIBIL Score better your loan will be approved in less time. You do not have to give any guarantee of any kind to take a State Bank of India (SBI) personal loan.

For apply SBI Personal loan you can apply online and offline. You do not have to give any kind of security to the bank to take a personal loan. Women can avail interest rate waiver on Women Personal Loan (SBI). If you fulfill all the conditions of this loan, then you will get attractive loan from the bank.

Compare with other banks SBI Bank In SBI personal loan rate of interest happens very little. There are many types of personal loan in SBI. You can take a personal loan from SBI up to a maximum of Rs 20 lakh. And you also get enough time to repay this loan. Very little processing charge is charged from you on this loan by State Bank of India (SBI). SBI personal loan rate of interest starts from 10.30% per annum.

Features of SBI Personal Loan

Before taking any loan from any bank, it is important to know about the features of that loan. as we told you SBI Instant Personal Loan There are many types, the characteristics of all of them are different, about which we will know further, but first we know about some common features:

• 20 lakh from State Bank of India (SBI) to meet your personal needs.
• You can take SBI personal loan for vacation, wedding, emergency or planned purchases or for your personal needs.
• Compared to other banks State Bank Of India Personal Loan interest rate is very low.
• SBI offers many types of SBI loan scheme for categories like self-employed, pensioners, salaried etc.
• SBI gives you 6 months to 6 years to repay the Personal Loan, in which you can easily repay this loan.
• You do not have to do much paperwork for SBI personal loan, which makes the application process easier.
• If you are a salary person and your salary account is in this bank then you get personal loan in very less time.
• Any person from 21 years to 60 years who fulfills the eligibility of SBI personal loan can apply for this loan.
• You cannot add the income of the spouse in the loan application, although the spouse can apply for the loan himself.
• You can pay off the loan before the loan tenure is over.
• Personal loan Available at fixed interest rate only.
• Before you apply for the loan SBI Personal Loan Calculator Tax should be done so that you can get an idea of how much installment you will have to pay at the time of loan repayment.
• If you want to take a loan from State Bank of India then you can apply for this personal loan.

Purpose of taking SBI Personal Loan

Many times, it happens that we are in dire need of money immediately and due to lack of money we have to spread our hands in front of others. In view of this problem, banks give personal loans. Since SBI is a government bank and everyone has trust in it, then whenever we think of taking a personal loan, the first thing that comes to our mind is SBI Bank. Personal Loan / Personal Loan By using the amount available under this, you can fulfill your need and you do not have to spread your hands in front of others.

Personal Loan Processing Fees

loan scheme name	processing fee
Clean Overdraft	Zero
SBI Pension Loan	of loan amount + GST Minimum Rs 1000 Maximum Rs 10000
Jai Jawan Pension Loan	Zero
Xpress Credit	1.50% of loan amount Minimum Rs 1000 Maximum Rs 15000

SBI Personal Loan Types

Let us now know that what are the types of SBI personal loan. State Bank of India provides various types of personal loans to citizens. SBI personal loans are of the following types:

• SBI Express Credit
• SBI Pension Loan
• SBI Kavach Personal Loan
• on YONO
• SBI Quick Personal Loan
• loan against securities

Credit Loan

If you have a salary account in SBI Bank, then you can apply for SBI Express Credit. You can take this loan for vacation, marriage or medical emergency. There are some eligibility, terms and conditions to apply for SBI Express Credit which we will know about here. But first let us know about the features of this personal loan.

Features of SBI Express Credit Personal Loan

• Under this loan, you can get a personal loan up to a maximum of Rs 20 lakh.
• This loan is given to you at a very low rate of interest in SBI as compared to other banks.
• The processing fee is very less.
• You also have to give very less documents here.
• cost means that the hidden cost is very less.
• not have to give any guarantor or security.
• interest on daily diminishing surplus
• second loan provision
• Minimum you can take loan up to Rs 25,000.
• Whether you are taking a term loan or an overdraft loan, in both you get a minimum of 6 months and a maximum of 6 years to repay the loan.
• EMI amount is deducted from your salary account by the automatic bank every month.

Loan amount available under SBI Express Credit Personal Loan

Now let’s talk about the maximum and minimum loan amount you can take under this loan. There are also two types of SBI xpress credit personal loan which are as follows:

Term loan amount: The minimum loan amount under this loan is Rs 25000 and the maximum is Rs 20 lakh.

Overdraft loan: The minimum loan amount under this loan is Rs 5 lakh and the maximum is Rs 20 lakh. Under this loan, you can get loan up to 24 times of NMI.

SBI xpress credit personal loan eligibility

• Applicant’s minimum age should be 18 years.
• Your cibil score should be good then only you can get this loan.
• This loan will be available to only those people who do jobs ( Salaried Employees) and their salary account should be in SBI bank.
• The minimum monthly income of the applicant should be Rs 15000.
• EMI/NMI ratio should be less than 50%.

Documents for SBI Express Credit Loan

• As we told you that you have to give very less documents because if your salary account will be in this bank then your documents will already be in the bank.
• Aadhar card
• mobile number

SBI Pension Loan

As the name suggests, this loan is a personal loan for pensioners. So, let’s talk about how much loan we can get under SBI Pension Personal Loan and what are its features.

SBI Pension Personal Loan

• Processing Fees are very less.
• no hidden costs of any kind.
• can apply for this loan in all branches of State Bank of India.
• The process of applying for a loan and getting the loan approved is very fast.
• Easy EMI facility through standing instructions.
• You have to provide very few documents to apply.
• maximum of Rs 14 lakh.
• EMI/NMP will not exceed 50% in case of all pensioners except family pensioners.
• for family pensioners will not exceed 30%

SBI Pension Loan eligibility

• Applicant must be a permanent resident of India.
• Applicant’s age should be less than 76 years.
• Pension payment order should be with SBI Bank.
• Family pensioners include the authorized members of the family to receive pension after the death of the pensioner.

Now let us talk about the maximum eligible loan amount and repayment under this loan.

SBI pension loan facility for central and state government pensioners

Age at the time of loan sanction	Maximum loan amount ( 18 months pension or Rs.)	repayment period	Age at full repayment
72 years	14.00 lakh rupees	60 months	77 years
Between 72 – 74 years	12.00 lakh	48 months	78 years
74 – 76 years	7.50 lakh rupees	24 months	78 years

For pensioners of Defense Services SBI Pension Loan Facility

Age at the time of loan sanction	Maximum loan amount ( 36 months pension or Rs.)	repayment period	Age at full repayment
56 years	14 lakh	84 months	63 years
56 – 72 years	14 lakh	60 months	77 years
72 – 74 years	12 lakh	48 months	78 years
74 – 76 years	7.50 lakh	24 months	78 years

For family pensioners (including Defense Services pensioners) SBI Pension Loan Facility

Age at the time of loan sanction	Maximum loan amount ( 18 months pension or Rs.)	repayment period	Age at full repayment
72 years	5.00 lakh	60 months	77 years
72 – 74 years	4.50 lakh	48 months	78 years
74 – 76 years	2.50 lakh	24 months	78 years

SBI Kavach Personal Loan 

This loan is sbi personal loan for covid. After April 1, 2021, if you or any member of your family is found to be Kovid positive, then you can take SBI Kavach Personal Loan for its treatment. This loan will be given to you on the basis of your CIBIL CV score.

Features of SBI Kavach Personal Loan

• not have to pay any security for this loan.
• Processing fee is negligible.
• Minimum loan amount is Rs 25000 and maximum is Rs 5,00,000.
• The repayment period of the loan is 60 months ( including 3 months moratorium).
• in present SBI KAVACH Personal Loan The interest rate is 8.50 %.
• Loan can be repaid through Standing Instruction (SI) on Salary/Pension/SB/CA Account.

– approved personal loan for salaried and pensioners on YONO App

If you have a salary account with SBI Bank then you can be eligible for Pre – approved Personal Loans. You can apply for this loan through SBI YONO App. The features of this loan are that it has minimal processing fees, instant loan processing, very few documents, no bank credit charges, 24*7 availability through SBI YONO App and instant loan in the applicant’s account. Transfer facility is available. You can take advantage of the facilities of this loan through YONO App.

SBI Pre – Approved Personal Loan Non – Salaried ( PAPL)

If a person has a predefined range from beyond average monthly Remanent Zodiac Of with If you have a saving account in SBI, then you can get a loan of up to Rs 2 lakh under this loan scheme. You can check your eligibility through SBI YONO App and apply for this loan.

Xpress Bandhan Personal Loan

If you are a salaried employee and your account is not in SBI bank then you can apply for this loan. Employees working with Central / State Governments / Defense Establishments, Semi Government Bodies, PSUs, Educational Institutions of National repute, select rated Corporates can apply for this loan.

Features of SBI Xpress Bandhan Loan

• The minimum gross monthly income of the person applying should be Rs 50,000.
• It is not necessary to have your salary account in SBI Bank.
• You get the facility of both Term Loans and Overdrafts Loan.
• Your EMI/NMI ratio should be up to 50%.
• 60 months to repay this loan back.
• 1% of the loan amount + applicable taxes.
• You can repay the loan through NACH/SI mode.
• SBI Xpress Bandhan Loan, you do not have to pay any kind of hidden cost.

SBI Express Bandhan Personal Loan Amount

get the facility of two types of loan Term Loans and Overdrafts Loan. The loan amount in both is as follows:

Term Loans: Minimum Rs 25000 and 24 times NMI maximum 15 lakhs Rupee

Overdrafts Loan: Minimum Rs.5 lakhs and 24 times NMI maximum of Rs.15 lakhs Rupee

SBI Personal Loan Interest Rate 2024

Presently SBI personal loan interest rate starts from 10.30% p.a. If you are an existing SBI customer and have a salary account, then you will get a discount of 25 BPS i.e., 0.25% p.a. on the current interest rate. Before applying for any personal loan, it is important for you to know about its interest rate properly so that you do not face any kind of trouble while repayment of the loan.

If your CIBIL score is very good and your income is very good then you can get more loan amount at lower interest rate. You can find out the cheapest loan by comparing between various personal loan interest rates.

SBI Personal Loan Eligibility

Above we have given you information about its eligibility for every loan. For whichever SBI personal loan you want to apply, then you should first check its eligibility, about which we have given you information above in this article. You can apply for the same personal loan for which you are eligible.

SBI Personal Loan Documents Required

Now let’s talk about which documents do you need for SBI personal loan:

• Aadhar card
• Identity Card (Passport / Driving License / PAN Card / Voter ID Card)
• Address Proof (Aadhaar Card / Bank Account Details / Ration Card / Driving License / Passport / Electricity Bill, Telephone Bill, Agreement to Buy or Sell Property)
• Income Certificate (ITR/Bank Account Statement/Salary Slip)
• documents may be asked from you for different loans.

SBI Personal Loan Apply

Till now we have got complete information about SBI Personal Loan. Now we will know how we can apply for SBI Personal Loan. You can apply for this loan both online and offline. First of all let us know how we can do online:

SBI Personal Loan apply online

• First of all you need SBI official website will have to go

• On the home page of the website, you will see the option of Personal Loan, click on it.
• After clicking, the list of personal loans will open in front of you.
• Click on the loan you are applying for.
• After clicking, the registration form will open in front of you.
• You can click on this link to come to the direct registration form Click
• After clicking, the application form will open in front of you, which will appear to you in this way.
• You have to enter all the information asked in this form correctly, upload your documents and submit the form.
• In this way your application will be done.

How to Apply Offline for SBI Personal Loan ?

Now let’s talk that if you do not want to apply online then how can you apply offline. Follow the steps given below to apply offline:

• First of all you have to go to your nearest bank branch of SBI Bank.
• of the loan for which you want to apply.
• Enter the information asked in the form correctly.
• Attach your documents and submit the form there.

SBI Personal Loan EMI Calculator

must calculate the EMI of this loan before applying for State Bank of India personal loan. By calculating the EMI of the loan, you can get an idea of how much you will have to pay at the time of repayment of the loan. You can go to the official website of the bank Personal Loan EMI Calculator With the help of this you can calculate your loan.

Personal loan EMI depends on three main factors, loan amount, interest rate and loan tenure. If your loan interest rate is high then your EMI will also be higher. Try to take the loan for the shortest loan tenure so that the EMI is not high.

How to Check SBI Personal Loan Application Status ?

If you want to check the status of your application, then follow the steps given below:

• First of all SBI visit on SBI official website
• By clicking on this link a new page will open in front of you.
• On this page you will see the option of Application Tracker, click on it.
• After clicking, a form will open in front of you.
• You can track your application by entering the requested information in this form.

SBI Personal Loan (Personal Loan) Verification Process

• First of all you have to apply for loan online.
• Documents by the bank employee to process your application Of pick – up You need a verification to schedule Will be called
• You will have to give all types of documents such as KYC, income certificate to the bank, after that your documents will be verified.
• After verification, another call is made to you by the bank.
• The bank verifies the terms of your loan. If you agree to those conditions, then the bank transfers the loan to your account.

How to apply personal loan in SBI through yono app

• First of all you have to download SBI YONO App from Google Play Store.
• After that you have to register on that app.
• After registering, the dashboard of SBI YONO App will open in front of you.
• You will see three lines in the top left side, click on it.
• After that an option of loan will come in front of you, you have to click on it.
• After that you will see the option of Personal Loan, click on it.
• After clicking, the form will open in front of you.
• Enter the requested information in it, upload your documents and submit the form.
• In this way friends, you can apply for personal loan through SBI YONO App.

Procedure to login to SBI Portal

• After logging in, first of all you have to enter SBI official website But have to come
• Login option will appear on the home page, click on it.
• Login form will open in front of you.
• , Password and Captcha Code in that form and click on Login.

How to Close SBI personal loan?

If you have taken personal loan from SBI but you want to close it then how can you do it. Here is how you can close the personal loan.

• First of all, you have to pay the last installment of the loan and you will have to contact the loan closure bank.
• Collect all your required documents as bank official loan closure Will verify all the information before committing.
• After verifying all the information, a Non-Objection Certificate (NOC) is provided by the bank, in which it is written that all the information of the person has been verified and the person taking the loan has paid the entire loan amount. has been paid and nothing is due.
• This is how you can close your personal loan.
• If you still face any kind of problem then you can contact SBI Personal Loan customer care.

SBI Personal Loan Pre-closure

So far we have learned that How to get SBI Personal Loan? Now we know that SBI Personal Loan Pre-closure What is

If you repay the loan amount before the end of the loan tenure, then that process is called pre-closure. Some banks are such that they charge a fee on pre-closure but you will be happy to know that SBI Bank does not charge any fee on pre-closure. You can close your loan anytime to reduce your debt burden.

SBI Personal Loan Customer Care Number

If you face any problem in taking personal loan then you can contact SBI personal loan customer care number.

• Customer care number: 1800-425-3800 and 1800-11-2211
• Give a missed call to 7208933142 or SMS “PERSONAL” to 7208933145 to get call back from SBI Contact Center
• Email ID : [email protected]

My Last World:

In this article, friends, I told you SBI Personal Loan Tried to give information about I hope you liked this article. If you found this article informative then please share it with your friends. Before applying for the loan, you have to visit the official website of the bank with the help of EMI calculator. State Bank of India Personal Loan EMI Calculator So that you can know how much EMI you will have to pay at the time of loan repayment.

FAQs on SBI Personal Loan