Pre-approved personal loans to be offered to salaried people by SBI

⋆ Interest Rate 9.99% ⋆

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pre-approved personal loans

Pre-approved personal loans will soon be rolled out for all salaried employees by the State Bank of India. These loans will be available to all the employees working with either private or public enterprises in India.

Salaried employees, facing cash flow issues amidst lockdown can apply for the loan using the YONO app, which is SBI’s official app. SBI will check the credit history and payment capabilities of the customers based on which the pre-approved loan will be made available to the eligible customers on the app.

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