I want to know about SBI personal loan. Is it good?
You can get a Personal Loan from SBI for a minimum amount of Rs. 25K up to Rs. 15 lakhs. There will be a floating interest rate of 12.75% to 14.75% and the tenure is 5 years. Also note that there will be a processing fee of 1% of the loan amount + taxes.
You can check your eligibility for a Personal Loan by clicking on this link. We have offers from many other banks as well.
Looking for a Personal Loan? Click here.
Ya, SBI provides the personal loan at a low-interest rate in comparison to other banks and it is the leading personal loan provider. I have also take the persoanl loan from SBI 1 year ago. The interest rate for the salaried is 12.50% and for Self Employed it is 11.20%. The Processing Fee is in the range of 2% to 3% which is lower as compared to others. It also provides the facility of calculating EMI using sbi personal loan EMI calculator an online tool to calculate the EMI amount.