SBI Personal Loan : In India, people take loans for various needs. The country's largest bank, SBI, offers loans at low interest rates. In this article, the process of getting a loan of Rs 3 lakh from SBI for 5 years is explained.
SBI Personal Loan
SBI offers many types of loans, including personal loans. This loan can be used for any purpose. A customer can take a maximum loan of Rs 20 lakh for 6 years at an interest rate of 11.15% to 15.30% (as on 2024).
Eligibility for SBI Personal Loan
- A Resident of India
- Account in SBI Bank
- Age 21-65 years
- Minimum 650 CIBIL score
- Job or Business
- A monthly income of at least 25,000 Rupees
Required Documents
For Employed People :
- Proof of Identity
- Address Proof
- Bank Statement
- RTR
- Salary Slip
- Proof of Signature
- Photographs
- Form 16
For Non-Employed :
- Proof of Identity
- Address Proof
- Proof of Business
- RTR
- Balance Sheet
- Income Tax Currency
- Bank Statement
- Form 26AS
How to Apply Online for Personal Loan ?
- Go to SBI website and click on “Apply Personal Loan Online”.
- Create account through mobile number and OTP.
- Upload details and documents.
- Submit the form.
- SBI team will contact you.
- After the loan is approved, Rs 3 lakh will be credited to your account.
Important Links
Official Website : Click Here
Homepage : Click Here
