SBT Personal Loan

Hello sir I’m looking for the information about personal loan offer by State Bank of Travancore for that will you please get the information?

[Shaleen]

As per your demand I will help you here to get the information about the personal loan offer by the State Bank of Travancore for there customer.

Here I’m telling you details about the loan

Purpose
Emergency Medical Needs, unforeseen commitments / contingencies and domestic purposes

Type of Loan
SBT Easy Gold Loan- Demand Loan

Eligibility
All individual customers who have an account with full KYC compliance with the Bank.

In case the applicant, is not an account holder of the Bank, the branch to open savings account of the customer with full KYC compliance

Loan Amount
Minimum : Rs.10,000/-
Maximum : Rs.10.00 lacs

Period of Loan
Demand Loan : 12 months

Repayment
Interest will be debited at monthly intervals, but to be repaid along with Principal, on the due date of the loan.
The maximum tenure of the loan will be 12 months

Security
Gold Jewellery (22ct.) Hall mark or non-Hall mark
Specially Minted Gold Coins ( Sold by Banks not exceeding 50 gms per customer)

Processing Charge
0.23% of the loan amount with a minimum of Rs.50/- and a maximum of Rs.1000/-

Penal Interest

The monthly interest debited should be repaid along with the Principal on due date ie; 12 months from the date of sanction.

In case of default, penal interest @1% will be charged on the outstanding amount from the date of debit till the date of payment.

Address:-
State Bank of Travancore
P.B. No. 34, Poojapura,
Thiruvananthapuram - 695012

Phone:-
+91 471 2192009,