Visit BlogAdda.com to discover Indian blogs SBI Saral Personal Loan Skip to main content

SBI Saral Personal Loan

When it comes to availing personal loans in India, the first name that comes to our mind is SBI. The State Bank of India has been a preferred choice for ages when people want to avail a personal loan. SBI is India’s largest public sector bank, with over 24000 branches across the country. SBI personal loan products are designed to cater to the distinct needs of a diverse set of people (salaried, self-employed, pensioners etc). SBI Personal loan is known to offer facilities such as zero prepayment, minimum processing fees, low SBI Personal Loan Interest Rate and so on and no wonder why it is one of the largest lenders in the country.
In this blog, we will talk about SBI Saral Personal Loan, a usually designed keeping in mind the distinct needs of the salaried /self-employed class or people with a continuous source of income.

Features for SBI Saral Personal loan -

  • You can avail this loan on an urgent basis for any purpose, be it for medical emergencies, travel, education, wedding and so on.
  • The loan amount you can avail depends on your income and repayment capacity. Here, you can get a loan up to 12 times your NMI (Net Monthly Income) which is required to be paid off in 48 EMIs.
  • The minimum loan amount you can borrow is Rs 24000 for metro/urban areas and Rs 10000 for rural/semi-urban areas.
  • No security/collateral will be asked for.
  • You need to go through a minimal documentation only.  For example, a passport size photograph will do for an existing SBI customer. For salaried employees, Form 16 and latest salary slip will be required, in addition.
  • The bank does not levy any additional prepayment charge upon you.
  • The processing fee is charged in the range of 2% to 3%, in addition to the applicable service tax.

SBI Personal Loan Eligibility for Saral Personal Loan

You are eligible for this SBI Personal Loan, if you are one of those salaried employees in a reputed government/corporate institution. Self-employed individuals (engineers, doctors, chartered accountants etc) can also avail this loan but they need to show a minimum of 2 years of experience in their relevant fields.

Contact Us

Afinoz.com can help you get an SBI Personal loan online.  You can apply for an SBI personal loan from us and can also check your tentative EMI or SBI Personal Loan Eligibility using our utility tools such as Personal Loan EMI calculator and Personal Loan Eligibility calculator. The dedicated experts in Afinoz will provide you with the best possible financial advice, tailored to your specific needs so that you can avail the best SBI Personal Loan Interest Rate. Our best services are offered to you absolutely free of cost.
Labels:

Comments

Post a Comment

Popular posts from this blog

Secured Versus Unsecured Loan

If you are gearing up to take the loan, then you would have come across two terms,  secured loans and unsecured loans . Before opting for either type, you must be aware of the pros and cons of both loan types. In the case of an  unsecured loan , you can get money without putting anything as collateral. Whereas a secured loan is the one where the bank may ask you to put something as security, it can be property papers, cars or anything that your lender specifies. This blog will also give you an insight about personal loan. Understanding Secured Loans- As already mentioned, secured loans demand the borrower to put something as collateral. The loans may vary, and the lender may ask you to put your home, car or savings as security. When people buy a home or car, they usually take a secured loan. Irrespective of the type of secured loan you avail, the lender can seize the property in case you fail to make the repayment of the loan. If you have kept your car as collateral, then the len
Post a Comment
Read more

Piramal Housing Finance: Best Home Loan in India {Complete Guide}

Piramal Housing Finance - Home Loan {Complete Guide} The introduction of retail lending was a natural progression attributed to the size, scale and growth of the company’s financial services business. Piramal Housing Finance ’s strength lies in its rich experience and its network in the wholesale lending and construction space. Piramal Housing Finance do business with some of the finest developers in the market. Piramal Housing Finance offering to there partner developers as a complete solution to these funding requirements. At Piramal Housing Finance, emphasis on every step in the process of home buying - from the developer to the customer and Piramal Housing Finance take pride in customising a solution for each stakeholder. Piramal Housing Finance – Interest Rates 2018, EMI Calculator Piramal Housing Finance Home Loans are the best choice for higher loan amount eligibility, lowest interest rates & step up emi function which helps in longer terms in saving a good sum
Read more

SBI Personal Loan for Government Employees

If you are a government Employee and if you are are looking for  SBI Personal Loan for Government Employees .This article will be help for you .A personal loan is meant to address the short-term & urgent financial needs of an individual.  Best Personal loan  have been designed keeping in mind the needs of the salaried /self-employed class or people who have a continuous source of income.  SBI personal loan The State Bank of India is India’s largest public sector bank, having over 24000 branches across the country. SBI has offered attractive personal loan products (such as SBI Xpress credit personal loan,  SBI Saral personal loan ,  SBI pension loan  and so on) to cater to the distinct needs of a diverse set of people ( salaries, self-employed, pensioners etc).  SBI personal loan  is known to offer facilities such as zero prepayment, minimum processing fees, low interest rates and so on and no wonder that it is one of the largest lenders in the country. SBI Personal Loan for
Post a Comment
Read more