How To Take SBI Personal Loan?, Check the Whole Procedures

How To Take SBI Personal Loan: If you are out of money these days and want some cash for one or another reason, you must approach a personal loan opportunity. Yes, it is the best and most reliable option out there to complete all your requirements.

All you need to do is just choose the right bank from which you can land some money for your needs. Here, we are suggesting only one name, and that is SBI Bank. You can approach this bank and get your preferred loan amount within a specific time.

How To Take SBI Personal Loan? {Step by Step}

As we know, all the banks have their own rules and regulations to sanction the loan. If you choose SBI bank to get the personal loan, you just need to follow some steps, and you are there to carry some cash in your hands.

How To Take Business Loan?

How To Take A Home Loan?

Top 5 Government Loan Schemes For Small Businesses In India

So, if you are still considering how to take sbi personal loan, you can follow this article till the end. We have mentioned the step-by-step guidelines in this article. You can go through all of them and get your desired personal loan from SBI Bank.

Let’s check out the steps in the following section:

Step 1: Open SBI official website

It is the first step to go near the SBI personal loan. You must explore the official website on search engines and connect with it positively. You can open it on your compatible device and explore it thoroughly so you can become familiar with the website content.

Step 2: Go to the personal loan segment

In this second step, you need to find the personal loan segment after opening the official website successfully. It is situated on the main homepage of the website. So, you can click on it to proceed to further formalities.

Step 3: Fill out the application form accurately

After opening the personal segment, you will notice an application form in front of your screen. You need to fill out all the empty fields of this application form with accurate information. Here, you can find various empty fields where you need to add your personal and professional details, such as name, date of birth, house address, and various other related details. So, fill out the complete form with the appropriate information. One more thing to notice here, try to fill in the accurate information to avoid any inconvenience.

Step 4: Submit the application form

When you complete the application form, you need to submit it so you can apply for the personal loan comfortably. Here, you can find the submit button below of the application form. After filling out all the data, you can press this submit button. One point to be noticed here, try to re-check the filled details again to avoid any mistakes.

Step 5: Soon you will receive a response from the SBI customer care department

It is the last step to take the SBI personal loan. After applying, you will receive a call from the SBI customers care department. They will call after reviewing the application form, and then they will tell you the complete procedure, loan amount, interest rate, and various other related things regarding the personal loan.

Eligibility criteria: how to take sBI personal loan

Here are the eligibility criteria for the context of how to take sbi personal loan. Look at the below and find your information:

  • In order to take the SBI personal loan, your age should be around 21 – 58 years.
  • You should not have any salary account with the respective SBI bank.
  • Your minimum monthly salary should be equal to or more than Rs. 15000.
  • The ratio of EMI should be less than 50 Percent.

Details of SBI personal loan: how to take sBI personal loan

How To Take SBI Personal Loan?

You can check the complete detail about the SBI personal loan in the following area:

Rate of interest of the SBI personal loan11 percent per annum onwards
Amount of loanUp to Rs. 20 Lakh
Minimum income required to apply for the loanMinimum Rs. 15000
Tenure of the loanUp to six years

SBI personal loan types: how to take sBI personal loan

We have discussed the types of personal loans of SBI in our below section. So, take a look at it and enhance your area of knowledge:

  • SBI Xpress credit personal loan
  • SBI pension loan
  • A pre-approved personal loan from SBI
  • A quick personal loan from SBI

The interest rate of a personal loan of SBI: how to take sBI personal loan

Check out the interest rate of the SBI personal loan below:

Available schemesRate of interest
Xpress elite11 % to 11.7 %
Pension loan11.15 % per annum onwards
Xpress credit11 % per annum to 14 % per annum
Xpress credit insta top up12.10 % per annum
SBI quick personal loan via CLP portalAccording to the discretion of the bank

Final Words

After going through the above discussion, we have concluded that getting a personal loan from SBI is effortless. You just need to follow the above steps, and you are ready to get your preferred loan amount in your hands. So, if you are still thinking that how to take sbi personal loan, you must read the above article which we have discussed in the above part.

How To Take SBI Personal Loan?: Important Links

Official WebsiteClick here
Article CategoryLoan
Our HomepageClick here

How To Take SBI Personal Loan?: FAQ’s

1. What are the steps to get a personal loan from SBI?

If you want to know the steps to get a personal loan from SBI, you can look at the above article where we have mentioned all the steps in brief.

2. What are the eligibility criteria to take a personal loan from SBI?

You can check the eligibility criteria to take a personal loan from SBI from the above article.

3. What is the first step of how to take sbi personal loan?

In the first step of taking the SBI personal loan, you need to explore the complete official website of SBI so you can become familiar with it and operate it accordingly.

Leave a Comment