Best Personal Loan for Customer By SBI

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State-Of-Bank-Personal-Loan

State Bank of India is one of the largest public sectors & offers several products. State of Bank Personal Loan is the most preferred loan choice of takers to fulfills the personal requirements. A personal loan can be used for personal expenses like wedding purposes, travel trip, medical usage, buying a new bike, home furnishing, office furnishing, etc.

The personal loan by SBI can be collateral-free & available for various types of salaried income for a person. The SBI personal loan interest rate starts with 10.7% for good cibil scores or credit report of a person with a good income more than Rs. 30,000. It will be even greater for people who earn more than Rs. 75,000. The State Bank also provides personal loan for people who earn minimum income Rs. 15000 & can apply for a personal loan.

Documentation:
  • Identity Proof: Passport, Pan Card, Aadhaar Card, etc.
  • Address Proof: Ration Card, Passport, Driving Licence, Electric Bills, etc.
  • Income Proof: Salary Slip, Bank Account Statement, etc.
The SBI Personal Loan gives loan amount in range between Rs. 50000 to Rs. 20,00,000 or Rs. 20 Lakhs for a person with credit report & monthly income earning. The personal loan can repay the loan amount in tenure of 48 months or 4 years. The processing fees would be 2% - 3% of the loan amount. To get more information on EMI calculator you can calculate EMI by filling the form as per your requirement.

To apply for personal loan SBI, you can visit the official SBI website or you can visit its nearest branch to you.
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