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  #2  
4th August 2015, 02:02 PM
Super Moderator
 
Join Date: Apr 2013
Re: Personal Loan by State Bank of India

State Bank Of India Saral Personal Loan granted for any purpose whatsoever (e.g. expenses for domestic orforeign travel, meeting any financial liability, medical treatment of self or a family member, such as marriage of son/daughter, meeting marginsfor purchase of assets , defraying educational expenses of wards etc.)

Eligibility

Applicants are eligible if applicant are a Salaried individual of good quality corporate, self employed chartered accountant, engineer, doctor, architect, MBA with 2 years standing.

Loan Amount

Minimum :
Rs.24,000/- in metro and urban centres

Rs.10,000/- in rural/semi-urban centres

Maximum :

12 times Net Monthly Income

Documents Required

For existing bank customers
Passport size photograph
From salaried individuals
Latest salary slip and Form 16

The loan is repayable in 48 EMI.

Processing charges are 2.02%-3.03% of the loan amount.
  #3  
18th November 2015, 02:17 PM
Unregistered
Guest
 
Re: Personal Loan by State Bank of India

Hello, I want to know the interest rates and the eligibility details of the Personal Loan provided by State Bank of India.
  #4  
18th November 2015, 02:17 PM
Super Moderator
 
Join Date: Apr 2013
Re: Personal Loan by State Bank of India

Hello, here I am providing you the details of the Personal Loan offered by State Bank of India as under:

Interest rates and other details:
Interest rates 12.70% - 17.80%
Processing fees 2.02%-3.03%
Prepayment charges Nil
Repayment options Upto 4 years
Maximum loan amount Rs.15 Lakh
Loan approval time 10 Minutes
Max. loan amount upto Rs.10 lacs

Eligibility:
SBI Personal Loan Minimum Age
At least 21 years old

SBI Personal Loan Maximum Age
Less than 58 years old

SBI Personal Loan Eligible Employment Type
Salaried / Self – Employed with regular income

SBI Personal Loan Minimum Income
Earn more than the minimum income required

Salary requirements
SBI Personal Loan Minimum Salary
Minimum income required Rs.24,000 per month

SBI Personal Loan Maximum Loan Funded
Maximum allowed personal loan is Rs. 10,00,000 lakhs

SBI Personal Loan EMI
EMIs of other loans lower your eligibility

Documents required:

1. Candidates must have signed application form with photograph
2. Candidates must have the Proof of identity: Passport/voter ID card/driving license
3. Candidates must have Candidates must have Processing fee cheque
4. Last 3 months bank statement/6 months bank passbook
5. Documentation for salaried applicants:
Latest salary slip
Current dated salary certificate with the latest Form 16
6. Documentation for self-employed applicants:
Latest Bank statement
Latest ITR or Form 16


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