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SBI Personal Loan Application Form

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HDFC Bank
10 Second Disbursal*100% Digital Process*Quick Disbursal
Max Loan Amt.Upto 25L
Rate of Interest9.99% - 12.5%
Tenure upto1-5 Years
Processing Fee6,500
Axis Bank
Low Processing fee
Max Loan Amt.Upto 25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
Kotak Mahindra Bank
Lowest Income requirement100% Digital Process*
Max Loan Amt.Upto 25L
Rate of Interest9.98% - 17.2%
Tenure upto1-5 Years
Processing Fee1.1% - 1.5%
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How Can I Apply for a Personal Loan Online?

Get up to 40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Eligibility for SBI Personal Loan

The following are the key eligibility criteria for different types of SBI personal loans:

1. SBI Xpress Credit Personal Loan

  • You must have a salary account with SBI
  • You should be an employee of central/state/quasi government organization/central or state govt. PSUs/educational institutions of national repute/selected corporates with or without relationship with the bank
  • Your minimum monthly income should be Rs. 15,000
  • Your EMI/NMI ratio should be less than 50%

2. SBI Xpress Bandhan

  • You should not be having a salary account with SBI
  • You should be an employee of Central/State Governments/Defence Establishments, PSUs, Quasi Government Bodies, Select Rated Corporates, Educational Institutions of National Repute
  • Your minimum monthly income should be Rs. 50,000
  • Your EMI/NMI ratio should not be more than 50%

3. SBI Pension Loan

The following are the key features of the SBI pension loan for different categories of applicants:

For Central & State Government Pensioners:

  • The pensioner’s age should be below 76 years
  • Must have SBI pension account and the account needs to be maintained in good standing during the loan tenure
  • Applicant needs to submit declaration to treasury preventing transfer pension payment to pension account of any other bank till a NOC is issued by SBI

For Defence Pensioners:

  • Applicant should be a pensioner of Armed Forces such as Navy, Army, Air Force, Coast Guard, Para-military Forces (eg. CRPF, CISF, BSF, ITBP, etc.), Rashtriya Rifles, Assam Rifles, etc.
  • Pension payment order of the prospective applicant should be maintained with SBI
  • Maximum age for loan eligibility is less than 76 years.

For Family Pensioners:

  • Family pensioners are authorized members of the pension recipient’s family who are eligible to receive a pension even after the death of the pensioner.
  • The maximum age of family pensioner should be 76 years to be eligible for the SBI Pension Loan

Documents Required to Apply for SBI Personal Loan

The documents to avail SBI personal loan may vary for different schemes available under the SBI Personal Loan category. However, the list of basic documents is as follows:

  • Identity proof: Passport, Pan Card, Voter Identity Card, Driving License, Aadhaar Card
  • Address proof: Ration Card, Bank Account Statement, Passport, Driving License, Electricity Bill, Telephone Bill, Sale Deed/Property purchase agreement(for owned properties), Aadhaar Card
  • Income proof: Bank Account Statement, Salary Slips

Process to Apply for SBI Personal Loan

Online

Here is the step-to-step guide to apply for SBI Personal Loan online:

Step 1: Visit the official page of SBI Personal Loan

Step 2: Choose the type of personal loan from the given options

Step 3: Click ‘Apply Now’

Step 4: Now you will be redirected to new tab to enter the details

Step 5: Enter the details required and click ‘Submit’

Step 6: Proceed with the same process and click ‘Submit’

Step 7: After you have successfully applied for the personal loan you will receive the notification on your registered mobile number and email id.

Offline

To apply for a SBI personal loan offline, you are required to visit the nearest SBI branch in-person along with all relevant documents. After that,

  • Fill the loan application form and submit to the customer representative along with the documents.
  • You will receive notification for the same and will be provided loan application reference number from the representative.
  • You can use this reference number to track the status of your loan at a later date.

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All Your Needs

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How Can I Apply for a Personal Loan Online?

Get up to 40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Avail Personal Loan For
All Your Needs

Avail Personal Loan Banner
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What our customers say

Compare karke sahi rate mila

Loan offers jab comapre kiya toh pata chala konse loan lene se muhje sahi mai faida hoga. Isiliye Paisabazaar muhje best laga.

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Akrity PandeyJan 5, 2026

Personal loan fatfat mai mil gaya

Muhje paiso ki urgent need thi. Paisabazaar se loan jaldi or sahi rate pe mil gaya.

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Riya MehraJan 5, 2026

Loan from Paisabazaar was actually paperless

I always used to think that the paperless loan is a myth. But on Paisabazaar, I applied for the pre approved loan from IDFC Bank and all documentation was already done. I just filled the form, did kyc and my loan was approved and disbuursed one the same day.

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Tanmay BorkatakiDec 12, 2025

Best place for a small loan

I have take loan of 60-70000 three times from paisabazaar in 4 years and every time it has been a very good experience. They provide the loan without failure and have also helped me improve my cibil.

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Aridaman Singh ParhichaDec 11, 2025

My loan got approved immediately

I wanted a loan and I was able to get it approved through Paisabazaar. It was instantaneous and I got the amount in my account in 2 days only.

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Priyam Sarkar MajumdarDec 10, 2025

I get loan from here

I get loan from Paisabazaar here and it is very quickly given to me.

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Bilal ZaidiDec 9, 2025

Excellant EMI calculator and expert assistance available

The EMI calculator helped me choose the right repayment plan. Clear guidance at every step made the loan process really easy.

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Mohit YadavDec 3, 2025

Fully Digital Process for Real.

Loved the real-time loan status updates.Everything was handled online — didn’t have to visit any branch.

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Gautam BakshiDec 3, 2025

Lower Rate than My Own Bank

Got a lower interest rate than my bank was offering.Smooth digital verification and quick disbursal.

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Shivani SuryaDec 3, 2025

Pre-approved offers with quick approval

I liked how Paisabazaar showed pre-approved offers without affecting my credit score. Customer support was prompt and helped me close the loan quickly.

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Suraj VermaDec 3, 2025
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