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SBI Personal Loan Application Form

State Bank of India offers various personal loan schemes like Xpress Credit Loan, SBI Pension Loan and Xpress Power to different segments of borrowers. Suitable for financing various personal needs, SBI personal loan disbursals can go up to Rs. 20 lakh.
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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
ICICI Bank
100% Digital Process*Quick Disbursal
Max Loan Amt.Upto 25L
Rate of Interest11% - 13%
Tenure upto1-5 Years
Processing FeeUpto 2%
Axis Bank
Low Processing fee
Max Loan Amt.Upto 25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
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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

Apply Now

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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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

Apply Now

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All Your Needs

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Avail Personal Loan for
All Your Needs

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What our customers say

Smooth & hassle-free loan approval experience

I want to express my gratitude for your exceptional support & guidance throughout my loan application process to Aman (EW17239). Your professionalism & clear communication made the journey smooth and manageable. I appreciate how you helped during loan approval & fast-tracked the documentation. It is rare to find someone so committed to their clients. I truly value the effort you put into ensuring a successful outcome. Thanks again for your invaluable help.

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Sanjay Kumar GuptaMar 30, 2026

Exceptional guidance throughout the process

I’d like to express my sincere appreciation for Mr. Aman Kumar (EW32023) for the excellent assistance provided. His professionalism & willingness to help made the experience smooth & pleasant. Aman Kumar demonstrated patience & clarity while addressing queries and ensured that everything was handled efficiently. Such dedication & customer-focused service truly deserve recognition. Please convey my thanks and appreciation to him for his outstanding support.

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Jyotirmoy SinghaMar 23, 2026

Very helpful and easy to reach

I really wants to appreciate Mohankumar Dhandapani for closing my loan requirement in such a short time and nice manner. He is very much approachable helped me based on my requirements. He explained me all the options in very short time even one option failed immediately helped me to get other options worked. Excellent job done by Mohankumar Dhandapani all the best keep you same way approachable you will get more customers. Thanks to Paisabazar too.

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Kirubagaran GanesanFeb 24, 2026

Reliable help when i needed it most

I am writing this email to express my sincere thanks for your excellent support and guidance on Paisabazaar. My experience was very smooth and satisfying because of your help. You explained everything clearly and made the whole process easy and comfortable for me. I truly appreciate your professionalism, patience, and quick response. I am very happy with the service and would definitely recommend to others because of the great support I received from you. Thank you once again

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DharmeshFeb 22, 2026

Committed support that made everything easy

I’d like to appreciate the Paisabazar team for the excellent loan service. I especially want to recognize one of your agents, Mr. Prince Kumar, for his outstanding support. For more than a month, he continuously followed up with me and assisted me. His commitment & professionalism made the experience smooth & hassle-free. I appreciate his efforts and dedication. Kindly acknowledge his performance and consider rewarding such a sincere employee.

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BhupendraFeb 18, 2026

My Trust in Paisabazaar has Increased

I would like to take a moment to share my sincere feedback regarding the support I received from your team. The executive who assisted me was extremely professional, polite, and knowledgeable. They patiently understood my concern, explained the process clearly, and guided me step by step toward the right solution. I truly appreciate the transparency, timely responses, and genuine effort shown to help me.

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Lalit MaviFeb 12, 2026

Best Place for Taking Loans

I contacted customer care with a few queries, and I am very satisfied with the support I received. The representative was polite, patient, and explained everything clearly. My questions were resolved properly, and the overall experience was smooth and helpful. Thank you for the excellent customer service

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Kokil BarnwalFeb 12, 2026

Easy loan approval with good guidance

Thank you for the support provided for getting personal loan approval. During this process I worked with Mr. Aman Bajpai (EW17239) who was co-ordinator for this entire process of Personal loan, I was incredibly impressed by his efficiency and problem-solving skills. He went out of their way to ensure all my questions were answered and that the disbursement timeline stayed on track. His coordination was really appreciable.

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Riyaj AtarFeb 9, 2026

Apne higher education ke liye loan liya tha

Muhje higher education ke liye loan chahiye tha. Paisabazaar pe apply kiya. Got it at the right time. Quite helpful.

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Puja DanuJan 22, 2026

Sabse jada helpful log the yaha

Maine bht jagah try kiya tha personal loan ka, yaha try kiya toh helpful log mille. Har steps mai aram se samjhaya or usse muhje loan lene mai jda dikkat nhi aayi.

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Anuradha GuptaJan 21, 2026
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