Check latest SBI personal loan interest rates ✔ Processing Fee ✔ Tenure ✔ Monthly EMI ✔ Eligibility Criteria ✔ Loan Amount ✔ Documents ✔ Branch Address ✔ Customer Care ✔ Instant Approval ✔ Schemes.
SBI Personal Loan : SBI personal loan is useful for medical emergencies, paying additional debts, marriage expenses, vacations, education and buy consumer durables and other personal finance requirements. Interest rates of SBI personal loan depends on applicant’s eligibility. SBI provides loan in Delhi, Pune, Bangalore, Hyderabad, Chennai, Ahmedabad, Kolkata and many more locations.
SBI Personal Loan – Quick, Easy & Instant Online Approval
SBI Personal Loan Interest Rates
|Interest Rates||12.05% – 15.05%|
|Processing Fee||1% of the Loan Amount + applicable Tax|
|Loan Amount||Rs 15.00 lacs.|
|Repayment Period||Up to 5 years|
1 year MCLR 8.55% w.e.f. 10.12.2018
SBI Saral Personal Loan
SBI Saral – Personal Loan is the loan for you when you required funds for personal finance, down payment of home loan, marriage, vacations, education and buy consumer durables.
If you are a Salaried individual in reputed corporate firm, self employed engineer, doctor, architect, chartered accountant, MBA with minimum 2 years standing than you are eligible to take loan from State Bank of India.
- Minimum loan amount : Rs.24,000/- in metro and urban centres
- Minimum loan amount : Rs.10,000/- in rural/semi-urban centres
- Maximum loan amount : 12 times Net Monthly Income for salaried individuals and pensioners subject to a ceiling of Rs.10 lacs in all centres
- Processing Fees : Processing charges are 2% – 3% of the loan amount + applicable Service Tax
- Repayment period – 48 months or 4 Years.
- Prepayment charges – 3.00% of loan amount.
SBI Xpress Credit Personal Loan
If you required urgent fund for vacations or medical emergency you have to apply for xpress personal loan, It comes at lower interest rates, minimal documentation, Nil prepayment penalties & lowest processing fees.
Xpress Credit Personal loan comes at very competitive interest rates with fast and easy processing: for Central and state Government, Quasi-Government, Central PSUs, Profit making State PSUs, Educational Institutions of National Repute and Selected Corporate
- Minimum Salary required – Rs.7500/- per month
- Minimum Loan amount – Rs.24000/-
- Maximum Loan amount – 24 times of monthly income or 15 Lakh.
- Minimum repayment period – 6 Months
- Maximum repayment period – 5 years or 60 months
SBI Pension Loan – Pensioners of Armed Forces, including Army, Navy and Air Force, Paramilitary Forces (CRPF, CISF, BSF, ITBP, etc.), Coast Guards, Rashtriya Rifles and Assam Rifles who’s Pension Payment Order is with us.There is no minimum age bar under the scheme. The Maximum age at the time of availment of loan should be 76 years.
विवरण प्राप्त करें – एसबीआई व्यक्तिगत ऋण
Note: Maximum loan amount for School Teachers is capped at 1 Years of gross income both under Term Loan and Overdraft facility.
Processing Fees for SBI Personal Loans:
- Xpress Credit – 1% of the Loan Amount
- SBI Saral 2% – 3% of the Loan Amount
- SBI Career Loan 0.50% of the Loan Amount
- Loan for ESOPs Rs 2000 per application
- Equity Plus Rs 2000 per application
- Festival Loan 1% of the Loan amount
Types of SBI Personal Personal Loan
- Xpress Credit Loan
- SBI Pension Loan
SBI Marginal Cost Of Funds Based Lending Rates (MCLR)
|Tenor||MCLR (In %)|
SBI Personal Loan Eligibility Criteria
Salaried employees, pensioners of central/state government/armed forces, self-employed businessmen an
d professionals with a regular source of income are eligible to avail Personal Loan.
SBI Personal Loan Income Criteria
- Minimum net monthly income should be : Rs. 5000/-
- EMI/NMI ratio should not be more than 50%
SBI Personal Loan Amount
- Minimum Rs. 25000/-
- Maximum 24 times of net monthly income or up to 15.00 lac
SBI Personal Loan Overdraft Facility
- Minimum Rs. 5,00,000/-
- Maximum 24 times of net monthly income or up to 15.00 lac
SBI Personal Loan – Repayment Mode
Check-off facility or Post Dated Cheques for the Repayment period given or SI from the borrower’s salary/ pension a/c with our Bank.
SBI Personal Loan Features
- Lowest EMI
- No Security Required
- Minimal Documentation
- No Hidden Charges
- Door step service
SBI Personal Loan Documents
- KYC- Id Proof / Address Proof / PAN card
- Income Proofs / Banking
- Form 16 (for salaried)
SBI Personal Loan Toll Free Number
- 1800 11 2211
- 1800 425 3800
Factors affecting SBI Personal Loan EMI
- Personal Loan amount – If applicant apply for a higher sbi loan amount, your monthly EMI will be high as per loan amount.
- SBI Bank Interest rate – If interest rates is the rate charged by SBI on your personal loan is higher interest rate increases your loan EMI.
- Loan Tenure – Lesser repayment period, increases emi. Longer loan tenure means lower personal loan EMI.
SBI Personal Loan calculator formula
SBI Personal Loan EMI calculator formula is P*r* (1+r)^n/([(1+r)^n]-1)
- P = Loan amount.
- r = Rate of interest per month.
- n = Repayment period.
SBI Personal Loan EMI Calculator
Personal loan emi calculator gives you idea about monthly installment based on interest rate, tenure and loan amount, it show you emi, total interest to be paid and total amount (principal + interest).
EMI Calculator For SBI Personal Loan
|Loan Amount||Interest Rates||Tenure Or Repayment period||EMI Per Month||Total Amount (Principal + Interest)|
|50000||11.90%||12 Months||Rs. 4,440||Rs. 53,281|
|100000||11.90%||18 Months||Rs. 6,094||Rs. 1,09,684|
|150000||12.40%||12 Months||Rs. 13,355||Rs. 1,60,265|
|200000||14.00%||24 Months||Rs. 9,603||Rs. 2,30,462|
|250000||12.40%||18 Months||Rs. 15,292||Rs. 2,75,256|
|300000||14.00%||12 Months||Rs. 26,936||Rs. 3,23,234|
|350000||12.65%||18 Months||Rs. 21,450||Rs. 3,86,092|
|400000||14.25%||24 Months||Rs. 19,252||Rs. 4,62,058|
|450000||14.75%||30 Months||Rs. 18,026||Rs. 5,40,785|
|500000||12.40%||24 Months||Rs. 23,630||Rs. 5,67,126|
|550000||14.25%||30 Months||Rs. 21,900||Rs. 6,56,999|
|600000||12.40%||36 Months||Rs. 20,043||Rs. 7,21,563|
|650000||11.90%||36 Months||Rs. 21,558||Rs. 7,76,098|
|700000||12.40%||42 Months||Rs. 20,629||Rs. 8,66,408|
|750000||12.40%||48 Months||Rs. 19,898||Rs. 9,55,104|
|800000||11.90%||42 Months||Rs. 23,382||Rs. 9,82,035|
|850000||12.40%||36 Months||Rs. 28,395||Rs. 10,22,214|
|900000||11.90%||42 Months||Rs. 23,656||Rs. 11,35,502|
|950000||11.90%||48 Months||Rs. 24,971||Rs. 11,98,585|
|1000000||11.90%||48 Months||Rs. 26,285||Rs. 12,61,669|
|1100000||12.65%||42 Months||Rs. 32,550||Rs. 13,67,118|
|1150000||12.40%||36 Months||Rs. 38,417||Rs. 13,82,995|
|1200000||11.90%||48 Months||Rs. 31,542||Rs. 15,14,002|
|1250000||12.40%||54 Months||Rs. 30,320||Rs. 16,37,300|
|1300000||11.90%||48 Months||Rs. 34,170||Rs. 16,40,169|
|1350000||12.40%||42 Months||Rs. 39,784||Rs. 16,70,929|
|1400000||12.65%||60 Months||Rs. 31,604||Rs. 18,96,242|
|1450000||11.90%||60 Months||Rs. 32,181||Rs. 19,30,873|
|1500000||11.90%||48 Months||Rs. 39,427||Rs. 18,92,503|
SBI Personal Loan Bank Address/Location
- Delhi: D-212, Vivek Vihar, Phase – I, Delhi – 110092
- Noida: Sector 63, Sector 24, Noida – 201307
- Ghaziabad: 13, Niti Khand I, Indirapuram, Ghaziabad – 201010
- Gurgaon: No.1, Palm Court, Mehrauli-Gurgaon Road, Maharana Pratap Chowk, Gurugram – 122007
- Faridabad: SCO -106, Sector – 16, Faridabad – 121002
- Bangalore: B 121, BDA Shopping Complex, Jeevan Bima Nagar, Bengaluru – 560075
- Coimbatore: 541, Diwan Bhadur Road, R.S. Puram, Coimbatore – 641002
- Madurai: Shop No. 3/225-1, Madurai Melur Road, Otthakadai, Madurai – 625107
- Chennai: Whannels Road, Egmore, Chennai – 600008
- Hyderabad: Cyber Towers, 1st Floor, Q-1, Madhapur, Hyderabad – 500081
- Cochin: Mons. Mathew Kothakathu Road, Panayappilly, Thoppumppady, Kochi – 682005
- Mysore: Crownford Hall, Mysuru – 570005
- Mangalore: New Mangalore, Industrial Area, Baikampady, Mangaluru – 575010
- Warngal: 16-10-1390, under bridge road Sivanagar, Warangal – 506002
- Kolkata: 16A, Deshopran Sashmal Road, Tollygunge, Kolkata – 700033
- Bhopal: Sultania Road, Kohefiza, Bhopal – 462001
- Indore: Indore-Icchapur Road, Khatiwala Tank, Navlakha, Indore – 452001
- Nagpur: Jagdish Sabha Griha, Rana Pratap Nagar Road, Gopal Nagar, Nagpur – 440020
- Mumbai: Mumbai Samachar Marg, Horniman Circle, Mumbai, Maharashtra 400023
- Pune: Giga Space Complex, Amenity Building, Viman Nagar, Pune – 411014
- Bhubaneswar: 536, Ist Floor, Sahid Nagar Market, Sahid Nagar, Bhubaneswar – 751007
- Cuttack: Link Road, Orissa State Electricity Board Colony, Cuttack – 753012
- Ahmedabad: University Campus Road, Navrangpura, Ahmedabad – 380009
- Rajkot: Nana Mava Road, Rajnagar Chowk, Jay Park, Karan Park, Rajkot – 360001
- Jaipur: Ghoda Niwas, Ghoda Nikas, Ramganj, Jaipur – 302003
- Surat: City Light Road, Sheetal Park, Athwa, Surat – 395007
- Udaipur: Chetak Road, Madhuban, Udaipur – 313001
- Lucknow: 75, Amar Shaheed Path, South City, Lucknow, 226012
More Products Related To SBI Bank
SBI Gold Loan
SBI Business Loan
SBI Home Loan
SBI Loan Against Property
SBI Credit Card
SBI Car Loan
DDA Housing Scheme SBI Home Loan
SBI Credit Card Tracker
SBI Personal Loan Tracker
SBI Bank Credit Card Customer Care Numbers