State Bank of India Personal loan can be customised to match your requirements, whatever be the purpose. Use the funds from your personal loans to finance a range of needs, from your wedding to your home renovation. State Bank of India Personal loan interest rates start at 11.95%.
Interest rate: 11.95% onwards
Loan tenure: up to 5 years
Loan amount: Min. 25,000 and Max. 15 lakh
Processing fee: 2.5% of the loan amount
Prepayment charges: ranges between 2% to 4%
Applicant of age between 21 to 60 are eligible for taking Personal Loan
Applicant should have a monthly net salary of Rs. 15000 and above.
Applicant should provide correct identity proof.
Applicant should provide office details if working.
Identity proof: Aadhar card, Voter ID card / Driving License / Copy of Passport.
Address Proof: Passport / Ration Card / Electricity Bill / Telephone Bill / Rental Agreement.
Bank Details: Last 3 months bank statements or last 6 months bank passbook copy (The account to which the salary/income is credited).
Salary Details: Latest Salary Slip or Current dated Salary Certificate with latest Form 16 to legally depict the current net salary of the individual.