Get up to ₹1,000*
Voucher on disbursal
- Valid till 31st July '25
- |
- *T&C Apply
Get up to ₹1,000*
Voucher on disbursal
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. Currently the bank allows you to apply for these loans both online and offline and once approved, it can be disbursed to your account quickly. SBI personal loan can be conveniently repaid within tenures ranging from 12 to 60 months.
To download SBI personal Loan Application Form in PDF Format, Click here
The following are the key eligibility criteria for different types of SBI personal loans:
1. SBI Xpress Credit Personal Loan
Read more about: SBI Xpress Credit Personal Loan
2. SBI Xpress Bandhan
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:
For Defence Pensioners:
For Family Pensioners:
1. Pre-approved Personal Loans to the Salaried & Pensioners on YONO
2. Pre-approved Personal Loans to Non-salaried (PAPL) On YONO
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:
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.
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,
Here is the simple process to apply for SBI Personal Loan through Paisabazaar:
Following are some of the benefits of applying for Personal Loan at SBI Bank:
Know more on: SBI personal loan customer care number, Email ID
Q1. What is the interest rate of SBI Personal Loan?
The interest rate starts from 10.00% p.a. The actual interest rate offered to an applicant may however differ as it depends on multiple factors such as income, credit score, repayment history, etc.
Q2. What is the processing fee of SBI Personal Loan?
The processing fee of SBI Personal Loan is 0.50% to 1.50% of the loan amount + applicable GST.
Q3. I don’t have a salary account with SBI. Can I apply for a personal loan?
Yes, you can apply for a personal loan even if you don’t have an account with SBI. SBI Xpress Power Personal Loan is offered to those individuals do not have a salary account with SBI.
Q4. Is it possible to include my spouse’s income to get a personal loan?
No, you cannot include your spouse’s income to get a SBI personal loan. However, your spouse can apply for a personal loan from SBI separately, if he/she meets the personal loan eligibility criteria.
Q5. What is the customer care number of SBI Personal Loan?
Customers can call toll free customer care numbers – 1800-425-3800 and 1800-11-2211 to get their queries regarding personal loans resolved.
Please Note: SBI is not a Paisabazaar partner. Offers would be from partner Banks/NBFCs only.