SBFC Personal Loan Documents Required

SBFC provides personal loan to those salaried individuals and self- employed professionals who need fund urgently to manage different circumstances like a health-related crisis, vacation, home renovation and making a costly purchase. If you meet the desired eligibility criteria, SBFC guarantees to offer the fund quickly and has an extremely simple and quick procedure to apply for a personal loan.

Documents Required for SBFC Personal Loan

For Salaried Individuals:

• Proof of identity: Aadhaar Card, Pan Card, Voter ID Card, Driving License, Passport, etc.
• Proof of address: Utility Bills, Aadhaar Card, Driving License, etc.
• Proof of income: Salary slips of last 3 months
• Bank account statements of last 3 months

For Self-Employed Professionals:

• Proof of identity: Aadhaar Card, Pan Card, Voter ID Card, Driving License, Passport, etc.
• Proof of address: Utility Bills, Aadhaar Card, Driving License, etc.
• Proof of income: ITR of last 3 years
• Bank account statements of last 3 months 

SBFC Personal Loan Eligibility Criteria

• You should be an Indian
• You should either be a salaried individual or a self- employed professional
• Your minimum age and monthly income should meet the criteria set by SBFC

FAQs

Who can apply for a personal loan from SBFC?

If you are a salaried individual or an independently employed individual, then you are qualified to apply for a personal loan from SBFC.

What is the maximum loan amount that I can avail from SBFC?

The maximum credit sum that you can benefit is Rs.10 lakh.

How might I reimburse the advance?

You will have the option to reimburse the credit by means of EMI. The EMI will be automatically debited from your bank account by means of ACH on the due date on which the EMI is to be paid.

Would I be able to prepay my credits early?

Indeed, you can prepay your credits. In any case, there is a prepayment charge applied.

What happens if I miss an EMI instalment?

If you delay in paying your EMI, then a bounce and late payment fee are levied. Also, your credit score rating additionally gets affected. Subsequently, it is suggested that you don’t postpone in paying your EMIs on schedule.

How will the loan be disbursed?

Post approval, your loan amount will be transferred digitally to your bank account.

How do I get in touch with SBFC customer care?

You can call on 1800-102-8012 or can send an email on customercare@sbfc.com