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SBI Bank Personal Loan in Ahmedabad

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Adiyogi Enterprises is proud to partner with State Bank of India (SBI) to offer you reliable and affordable personal loan options. With interest rates starting from just 9.60% per annum, you can avail loans up to Rs 20 Lakhs, with repayment tenures extending up to 6 years. Whether it’s for a wedding, education, home renovation, or medical expenses, SBI is here to help you meet your financial needs.

SBI Bank Personal Loan Highlights

Interest Rate Starting from 9.60% per annum
Loan Amount Up to Rs 20 Lakhs
Loan Tenure Up to 6 years
Processing Charges 0.50% - 1% of the loan amount (minimum Rs 1,000)

SBI Bank Personal Loan Eligibility

Age

  • Minimum 21 years and maximum 58 years at loan maturity.

Income

  • Minimum monthly income of Rs 18,000 for salaried individuals
  • Minimum annual income of Rs 2,50,000 for self-employed individuals

Employment

  • Salaried individuals must have at least 1 year of continuous employment
  • Self-employed individuals must have been in business for at least 2 years

Credit Score

  • A credit score of 700 or above is preferred for smooth approval.

SBI Bank Personal Loan EMI Calculator

9.60

Loan Amount

Tenure

Annual Interest

Principal Interest Total Payable

Apply for SBI Bank Personal Loan

FAQ

Frequently Asked Questions

  • 1. What types of personal loans does SBI offer?

    SBI offers personal loans for various purposes such as medical emergencies, home renovation, weddings, travel, education, and more. They offer both unsecured and secured personal loan options.

  • 2. What is the eligibility criteria for a personal loan from SBI?

    To apply for a personal loan from SBI, you must be between the ages of 21 and 58, have a regular income, and a good credit score. Both salaried and self-employed individuals can apply, with specific requirements for each group.

  • 3. What documents are required for applying for a personal loan from SBI?

    For applying for a personal loan from SBI, you will need documents such as proof of identity (Aadhar, PAN), proof of address, income proof (salary slips or IT returns), and other documents as per SBI's requirements.

  • 4. What is the interest rate for personal loans at SBI?

    SBI offers competitive interest rates starting from around 9.60% per annum for personal loans. The rate may vary depending on factors such as loan amount, tenure, and the applicant's credit history.

  • 5. How can I apply for a personal loan from SBI?

    You can apply for a personal loan from SBI either online through their official website or mobile app, by visiting the nearest branch, or by calling their customer care service for assistance with the application process.

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