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Old 14th November 2015, 06:17 PM
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Default Interest Rate for Personal Loan in SBI

How much is the rate of interest on personal loan scheme offers by State Bank of India (SBI) I want to know about the same ?
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Old 14th November 2015, 06:24 PM
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Join Date: Jul 2012
Default Re: Interest Rate for Personal Loan in SBI

State Bank of India (SBI) is a government-owned bank offers many financial services to help customers . these services includes home loan , personal loan , gold loan , credit cards etc .

SBI personal Loan types:
Xpress Credit Loan
SBI Saral Personal Loan
SBI Pension Loan
Festival Loans

Interest rate:

Xpress Credit
Full Check-off
(Category I)
340 - 390 bps above Base Rate i.e., 12.70% - 13.20% p.a. currently

Partial Check-off
(Category II)
440 - 490 bps above Base Rate i.e., 13.70% - 14.20% p.a. currently

No Check-off
(Category III)
540 - 590 bps above Base Rate i.e., 14.70% - 15.20% p.a. currently

SBI Pension Loans
3.90% above Base Rate, currently 13.20% p.a.

Jai Jawan Pension Loan
4.75% above Base Rate, currently 14.05% p.a.

SBI Saral
8. 50% above Base Rate floating, currently 17.80% p.a.

Festival Loan Scheme
6.75% above Base Rate, currently 16.05% p.a.

Clean Overdraft
8.25% above Base Rate, currently 17.55% p.a.

Feature of loan :
Attractive Rate of Interest
Timely Discounted Schemes
No Hidden Charges
Zero Prepayment Penalty
Quick Loan Approval
Online Loan Submission
High Quantum of Loan
Low Interest Rates
Fast Processing
Specialized Loan Schemes
24/7 Customer Support

SBI Personal Loan Eligibility
Age : 21 and 58 years

In case you are salaried:
Full time job for at least 24 months must be with your current company.

In case you are self-employed:
Must be in current profession or business for at least 2 years

Minimum turnover and minimum net income criteria may apply.

Online application form for SBI personal loan :



For more detail here si the attachment.
SBI personal loan
Attached Files
File Type: doc SBI personal loan.doc (28.5 KB, 101 views)
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