Get a ₹35L SBI Loan at10.50% p.a, PAPL and Online Apply, Instant Disbursal with in 4 steps, No Processing Fees And Zero Hiddent Charges - Yono SBI
SBI Personal Loan @10.50% p.a Check Eligiblity & Apply Online!
SBI provides different personal loan schemes for salaried employees, self-employed people, pensioners, and existing SBI customers. The bank offers flexible repayment options, competitive interest rates, and quick processing with minimal paperwork.
Highlights of SBI Personal Loan (PAPL)
- Up to ₹35 lakh (depending on scheme & eligibility)
- interest Rate Starting around 10.50% p.a. (varies by profile)
- Tenure Up to 7 years (84 months)
- Salaried employees, self-employed, pensioners, and existing SBI customers Can apply
- Collateral Not required (unsecured loan)
- Minimal documentation, especially for existing SBI account holders
- Multiple Schemes like Xpress Credit, Pension Loan, Pre-approved Loan, etc
Common Loan Details
- Loan Amount Minimum ₹1,00,000 to Maximum ₹ 35Lakh ( Subject to EMI/NMI Ratio Upto 65% and 25times of NMI )
- Repayment Tenure 6 Months to 84 Months
- Rate Of Interest 10.50% to 14.05% (as per eligibility)
- Processing Fees – Nil or Upto 1.5% of the loan amount plus GST ( Minimum ₹1000 to ₹15,000 Plus GST )
SBI Personal Loan Eligibility
- Must be an Indian citizen
- Between 21 to 60 years generally
- Must be a salaried employee working in Government sector(6month experience) Corporate ( 12months experience )
- Must have a Salary Package Account with SBI
- Minimum Net Monthly Salary govrnment / Defence sector: at least ₹20,000 per month, Corporate sector: at least ₹25,000 per month
- Must have a decent credit score as per bank’s internal policy
Required documents ( Not Required pre-approved personal loan )
- Copy of identity card issued by the employer
- PAN of borrower or form 60
- Current address proof like voter id,Driving license,NREGA,etc..
- 2 passport-size photos
Income Proof
- Salaried: Last 3–6 months salary slips + last 6 months bank statement
- Self-Employed: Income Tax Returns (ITR) + business proof + bank statement
How to Apply for PAPL via YONO SBI
- Log in to the YONO SBI app
- Tap on the PAPL banner available on the homepage.
- Enter your PAN, Date of Birth, and Name as per PAN for validation.
- Select your desired loan amount, tenure, and EMI payment date.
- Accept the Terms & Conditions and confirm via OTP.
- The loan amount will be instantly credited to your linked SBI Savings Bank account
Official Website - APPLY NOW
Realtime Loan Details ( VIDEO )
- Loan Amount ₹1lakh to ₹7,04,000
- Annual Interest Rate – 13.65% p.a
- Processing Fees - NIL
- Repayment Tenure 6 to 84months
- Monthly EMI - ₹13,038
Disclaimer:
The information provided here about SBI Personal Loans is
for general informational purposes only. Interest rates, eligibility,
processing fees, and other terms are subject to change by the bank without
prior notice. Please verify all details with State Bank of
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