2023 2024 Student Forum > Management Forum > Main Forum

 
  #2  
24th November 2015, 11:03 AM
Super Moderator
 
Join Date: Apr 2013
Re: SBI Personal Loan Interest

State Bank of India was founded in July 1, 1955, it is an Indian multinational, Public Sector banking and financial services company and it is a government-owned bank and it offers some of the most exciting Personal Loan products in India.

SBI offers 4 exciting types of Personal Loans: Xpress Credit Personal Loan, SBI Saral Loan, SBI Festival Loans, Personal Loans to pensioners.

SBI Personal Loan Interest Rates as on 20 Nov 2015

Interest Rate (Floating) BR + 8.50%
Base Rate - 9.30%
Processing Fees 2.02%-3.03% of the loan amount
Loan Tenure 4 years
Pre-closure Charges Nil
Guarantor Requirement No guarantor required

Age limit for Personal Loan:
At least 21 years old
Less than 58 years old

Eligibility:
Salaried / Self – Employed with regular income

Documentation needed to apply for an SBI Personal Loan

1. Signed application form with photograph
2.Proof of identity: Passport/voter ID card/driving license
3. 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


Quick Reply
Your Username: Click here to log in

Message:
Options

Thread Tools Search this Thread



All times are GMT +5. The time now is 07:23 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
SEO by vBSEO 3.6.0 PL2

1 2 3 4