Multiple banks. Different interest rates. Call it a "conflict of interest".
  • Personal Loan BYTES FROM OUR KITCHEN

    SBI Personal Loan Diwali Offers Nov 2018

    Diwali Offers on SBI Personal Loan November 2018

    State Bank of India is a prominent bank in India that provides excellent financial solutions. You can procure a personal loan from SBI to celebrate this Diwali to the fullest. The bank offers Xpress Credit Loan, SBI Pension Loan, and Xpress Power.

    Eligibility criteria for SBI Xpress Credit Loan

    This loan is available for employees of the institutions given below who also have a salary account with SBI:

    • State and Central government organisations
    • Central PSUs
    • State PSUs that are profit-making
    • Quasi-government
    • Educational institutions that are nationally reputed
    • Corporates with business partnerships with SBI
    • Corporates without a business partnership with SBI, who do not have ECR, but subject to specific terms and conditions.
    • Minimum Net Monthly Income (NMI) of Rs.5,000
    • EMI/NMI ratio does not exceed 50%

    Key features and benefits of SBI Xpress Credit Loan

    • Interest rates are low and charged on a daily reducing balance.
    • Processing charges are low.
    • No hidden administrative charges or other costs.
    • Minimal documentation.
    • No security required.
    • The minimum loan amount is Rs.25,000 and maximum is 24 times the NMI that is subject to a maximum of Rs.15 lakh
    • The repayment period is 60 months or the remaining service period, whichever is less

    SBI Pension Loan

    The SBI pension loan is for state or central government, and Defence pensioners not more than 76 years of age who draw pension through one of the SBI branches.

    Key features and benefits of the SBI Pension Loan

    • The minimum amount for State and Central government pensioners is Rs.25,000 and the maximum is 18 months of pension.
    Pensioners Age Maximum loan amount Repayment Period
    State and Central government Up to 72 years of age Rs.14 lakh 60 months
    State and Central government Between 72 and 74 years of age Rs.12 lakh 48 months
    State and Central government Between 74 and 76 years of age Rs.7.5 lakh 24 months
    Defence pensioners Between 72 and 74 years of age Rs.12 lakh 48 months
    Defence pensioners Between 74 and 76 years of age Rs.7.50 lakh 24 months
    Family pensioners (including defence) Up to 72 years of age Rs.5 lakh 60 months
    Family pensioners (including defence) Between 72 and 74 years of age Rs.4.5 lakh 48 months
    Family pensioners (including defence) Between 74 and 76 years of age Rs.2.5 lakh 24 months

    SBI Xpress Power Loan

    These loans are available for salaried employees who do not have a salaried account with SBI and are unsecured loans. Employees of State and Central governments, quasi-government organisations, defence organisations, rated corporates, nationally reputed educational institutions, etc., can also apply.

    Key features and benefits of the SBI Xpress Power Loan

    • The gross monthly income should be a minimum of Rs.50,000
    • Minimum term loan offered is Rs.25,000
    • Maximum term loan offered is 24 times the NMI that is subject to a maximum of Rs.15 lakh.
    • The repayment period is 60 months or remainder of the service period, whichever is lower
    • There are no hidden costs

    Celebrate Diwali 2018 with a Personal Loan from SBI

    You can make this Diwali memorable and extra fun-filled by applying for an SBI personal loan. When you take a personal loan during this festive season, you can use the funds for the celebrations. Have you always been planning to renovate your home? Make this wish come true this Diwali by borrowing funds from SBI.

    You can get all the details regarding an SBI personal loan on BankBazaar.com. You can visit the SBI personal loan segment on BankBazaar and click on ‘Enquire’. The response time for this is 30 minutes.

    You can also ask a representative from SBI if they have any special loan offers for Diwali 2018. You can choose your loan amount and loan tenure by comparing the EMIs through the BankBazaar SBI personal loan EMI calculator. Once you finalise the amount, you can approach any representative at an SBI branch.

        

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.