| Interest Rate | As per loan agreement |
| Loan Amount | Up to Rs. 10 lakh |
| Loan Tenure | 6 to 60 Months |
| Processing Fee | As per the guidelines in force |
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
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:
Documents Required for Loan Application
The following documents are required to avail a personal loan from SBFC:
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.
