SBFC Personal Loan

SBFC personal loan can be availed to meet various personal financial needs such as wedding expenses, home renovation, debt consolidation, etc. These unsecured personal loans can be repaid over a flexible tenure of 6 months to 60 months, require minimal documentation and can be easily availed online using a hassle free application process.

Features of SBFC Personal Loan

• Loan amount: You can avail a personal loan ranging between Rs. 50,000 to Rs. 10 lakh from SBFC to meet various personal financial requirements.
• Flexible repayment tenure: SBFC personal loan can be repaid over a flexible tenure ranging between 6 to 60 months.
• Requires no collateral/security: You can avail a personal loan from SBFC without pledging any asset.
• Quick disbursal: Once the loan application is approved, SBFC disburses the loan amount into your account within 3 working days.

SBFC Personal Loan Interest Rates

SBFC offers personal loans at affordable interest rates that are determined on a case by case basis. However, the exact personal loan interest rate charged to an applicant varies based on the applicant’s profile, loan amount, desired tenure, location of the applicant, terms of repayment, etc.

Eligibility Criteria

The eligibility criteria set by SBFC to avail a personal loan are as follows:

• You should either be a salaried or a self-employed applicant.
• You should meet the minimum and maximum age criteria set by the lender.
• You should meet the minimum salary/ income criteria set by the lender.

Documents Required for Loan Application

The following documents are required to avail a personal loan from SBFC:

• Identity & Address proof such as Aadhaar card, Voter ID, etc.
• Last 3 months’ salary slips and bank statements
• PAN card

Note: Additional documents as deemed necessary may be required.

Fees and Other Charges

SBFC may levy additional charges such as penal interest, processing fee, prepayment fee, etc. wherever necessary. These may vary depending upon the loan product, customer segment, exposure limit, geographical location, etc. and generally represent the cost incurred in rendering the services to the borrowers. The exact charges applicable to a borrower would be mentioned in the loan agreement and communicated in the sanction letter.

EMI Calculation

Personal Loan at Attractive Interest Rates Apply Now

SBFC Customer Care

You can contact the company’s customer care using any of the following means given below:

• Call: You can call on the company’s customer helpline number 022-6831-3333
• Fill up the ‘Call Back’ request form: You can request for a call back by filling out the form available on the SBFC website.
• Email: You can also send an email to customercare@sbfc.com
• Write to the company: You can write to the company on its registered address:

103, 1st Floor,

C&B Square,Sangam Complex,

Andheri Kurla Road,Village Chakala,

Andheri (East), Mumbai – 400059

CIN: U67190MH2008PTC178270

FAQs

Q1. Who can apply for a personal loan with SBFC and what are the tenure options available on SBFC personal loans?

Salaried as well as self-employed individuals and professionals can apply for a personal loan with SBFC. SBFC personal loans come with a flexible repayment tenure ranging between 6 to 60 months.

Q2. What is the maximum personal loan amount one can avail from SBFC?

The maximum loan amount that you can avail on SBFC Personal Loan is Rs. 10 lakh. However, the actual loan amount eligibility is calculated only after considering your income and credit history.

Q3. How will the loan be disbursed?

After approval, the loan amount will be transferred digitally to the borrower’s account.

Q4. Is it possible to prepay a personal loan?

Yes. You can prepay your SBFC personal loan along with prepayment charges (as applicable).

Q5.  What will happen if I miss an EMI?

If you miss an EMI, you will have to pay a bounce fee and a late payment penalty. Also, your credit history may be impacted.

Q6. Is collateral/ security required to avail a personal loan from SBFC?

No. Collateral or security is needed to secure a SBFC personal loan.