
State Bank of India SBI | Personal Loan | 28-Apr,2023
About State Bank of India SBI: State Bank of India (SBI) is one of the largest banks in India. It ranks first among the top Indian multinational public sector banks. State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body. It offers savings accounts, personal loans, car loans, home loans, gold loans, business loans, education loans, and other financial services. It was founded on July 1, 1955.
Detail: Avail personal loan from SBI starting at 11% p.a. Candidates should be able to provide the required KYC documents.
Annual Percentage Rate (APR): 11% p.a. onwards
Minimum & Maximum period for repayment (Loan Tenure): 6 Months to 60 Months
Loan processing charges: As per the loan agreement.
Late Payment: As per the loan agreement.
Foreclosure Charges: N/A
Partpayment Charges: As per the loan agreement.
Maximum Loan Amount: Up to Rs.20 lakh
Sector : Finance
Industry : Regional Banks
State Bank of India (SBI) is one of the largest state-owned financial institutions in India. It was nationalized by the Government of India in 1955. It has a network of over 50,000 ATMs across India. Currently, the Chairman of State Bank of India (SBI) is Dinesh Kumar Khara. The banks headquarters are located in Mumbai. The banks chairman and managing director are appointed by the government.
You will go on the Official website.
| State Bank of India SBI | ROI | Max Loan Amount | Tenure | Processing Fee | Late Payment | Foreclosure Charges | Partpayment Charges | |
|---|---|---|---|---|---|---|---|---|
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Personal Loan | 11% p.a. onwards | Up to Rs.20 lakh | 6 Months to 60 Months | As per the loan agreement. | As per the loan agreement. | N/A | As per the loan agreement. |
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Business Loan | 6.70% p.a. onwards | Up to Rs. 100 Crores | Up to 5 Years | Up to 1% of the limit | As per the loan agreement. | 3% | As per the loan agreement. |
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