SBI Personal Loan
APPLY FOR SBI PERSONAL LOAN AND GET APPROVAL IN JUST 4 HOURS!
Click to Apply Online or Call Us on 600 11 600
State Bank of India, often referred to as SBI, is the leading provider of retail assets in the country. Retail assets refer to the loans that they provide to the people. Asiamoney Polls has awarded the State Bank of India as the Best Provider of Financial Services by the customers. They offer many personal finance products to the customers based on their profile and requirements.
|Documents & Eligibility||Features & Benefits||Personal Loan Interest Rates|
What is the Need for a Personal Loan?
Personal loan is a finance that is taken by an individual to fund some of their needs in times of urgent situations. This can be to pay off previous debts by an individual, purchase some electronic commodity, pay medical expenses and other purposes. A personal debt is an unsecured loan which means, the bank does not need any guarantor or some collateral to keep with them before sanctioning the loan to the customer. However, due to this, the eligibility criteria for the personal loan is strictly checked as the bank takes an enormous risk without taking collateral. Also, the interest rates charged are higher on these finances as compared to the secured loans like a home loan or a car loan. There are times when we need urgent funding within a few hours. A personal loan is advantageous in such a situation as it is approved within 48 hours, provided the documentation is correct and as required by the lenders.
It is important that the credit score of the individual is at least more than 700 as it tells about the person’s repayment history and is an important factor in approving the loan. You can check your eligibility with us by simply calling us on our number, 600 11 600. SBI Bank provides a vast array of options for the people to choose from in the personal loans category. Some of these are:
- SBI Xpress Credit Loan - This is a special scheme for individuals employed in government organizations, PSUs, Leading semi-government organizations and other leading private sector companies.
SBI Saral Personal Loan - This loan scheme is for people employed in the corporate sector, or for one who is a self-employed professional such as a doctor, engineer, lawyer, and so on.
SBI Loans to Pensioners - This is a personal finance that is provided to pensioners and their family who have an existing account with SBI. The family refers to the spouse of an individual who is authorized to receive the pension of a person in the event of the death.
SBI Loans to Affluent Pensioners - This is a loan that is provided to pensioners i.e. people retired from central or state institutions, or whose pensions are disbursed by the government or family pensioners.
Festival Loan - These loans are provided by the banks to people to pay for any festival expenses for government employees, self-employed individuals or salaried people.
Loan Amount Available:
The personal loan limit is determined by the repaying capacity and credit worthiness of the person.
- 1. Minimum Loan amount: Rs.25,000/- in metro and urban centres Rs.10,000/-
- 2. Maximum loan amount: 12 times Net Monthly Income for Salaried Individuals and pensioners subject to a maximum of Rs.10 lacs in all centres.
Special Note: We do not provide Personal Loans to bad credit holders, however, you can fulfill your finance requirements with Gold Loan easily.
|Leading Personal Loan Providers (Click to Apply)|
|Citibank Personal Loan||Axis Bank Personal Loan||HDFC Personal Loan||Other Banks|
|REMINDER SERVICES||EMI CALCULATOR|
Disclaimer: The information provided on www.dialabank.com is collected from public sources and is believed to be accurate and genuine. This site should be used as a information provider for different product offerings of Insurance companies and the visitor should make an independent verification with the Insurance companies to verify the claims made in the policy before making any purchase. The decision to Apply and/or Purchase a policy is at the sole and complete discretion of the website visitor and Dialabank.com cannot guarantee or can be held liable for loss or damage caused by claims made by insurance companies through their agents, partners, products or services, directly or indirectly.
Infrastructure bonds : New Great-Go in ICICI and YES bank
According to the recent sources of the two banking giants, the ICICI and the YES Bank, are planning to match up to 4000 CR to 4500 CR through the infrastructure bonds. Both are planning to raise anything up to Rupees 1500 Cr to Rupees 2500 Cr in the next few weeks. “Kotak Mahindra Bank has already increased Rupees 500 crores by offering a rate of 8.72% with a 7 year maturity and has placed it with the investors” said KVS Manian, President, corporate & investment banking, K... read more
4 Impacts of RBIs Rate Cut On You
A cut in the repo rate – big news for corporate, but are you also wondering how will it affect you and me? The following explains what the change in the repo rate means to you. Impacts of change in the repo rate: 1. It will infuse liquidity in the market, consequences of which are:
RBI Slashes Repo Rate by 25 bps to 7.75 Per Cent
RBI (Reserve Bank of India) has cut down the repo rate by 25 basis points from 8.0% to 7.75% while keeping the CRR (cash reserve ratio) unchanged at 4%. The change calls for the right time to the market and corporate waiting for a revival. As the inflation rate decreased steadily, people were eagerly waiting for a rate cut. The current policy settings have proved efficient by achieving the target of bringing the inflation outcomes below 8% by January 2015.
4 Unknown Reasons Which Can Result In Rejection of Your Loan Application
Today whether it is a middle-class person or Business class professional everyone some day or the other needs a loan. Getting a loan seems an easy job but many issues occur when you apply for a loan. The number of applicants is very high, but the applications selected are very few. Where on one hand the RBI shows an increase in bank credit of 21.4% between March 2007 and 2013, on the contrary, non-performing assets have tremendously increased, to Rs. 1, 64,000 crores between 2008 and 2013. ... read more
10 best tax-saving investments
Multiple options. Contradictory advice. And a deadline that's approaching fast. Many taxpayers find themselves in this situation at the beginning of the year when they have to make tax-saving investments. Are you also confused? Before you make a choice, go through our cover story to know which is the best option for you. We have ranked 10 of the most common investments under Section 80C on five basic parameters: returns, safety, flexibility, liquidity ... read more