SBI has provided a detailed list of documents for personal loan application. The common documents required during SBI personal loan application include ID proof, address proof, income proof, etc. Individuals are required to keep these documents handy to avoid any delay during the application process.
SBI Personal Loan Documents Required

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SBI Personal Loan Documents Overview
Documents Required for SBI Personal Loan
SBI Personal Loan Documents for Salaried Employees
Below-mentioned is the detailed list of documents required during an SBI personal loan application:
SBI pre-approved Personal Loan Documents
Pre-approved personal loans are offered to select existing customers of the bank. It does not require any extensive documentation. The bank might ask for a PAN/Aadhaar card, if necessary.
Common Reasons for Document Rejection
Below-mentioned are the common reasons for document rejection:
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Overview
Personal Loan Articles
View All ArticlesPaisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners.
The APR (Annual Percentage Rate) of a personal loan is its annualised cost of borrowing, which includes the interest rate as well as the processing fees, documentation fees and other fees charged during the loan origination. The APR is expressed in the form of a percentage and thus, allows personal loan applicants to detect personal loan schemes offered at lower interest rates but with higher processing fees and/or other charges.
The APR of personal loans usually ranges between 11.29% to 35%. For example, assume that you have availed a personal loan of Rs. 5 lakhs @ 10.50% p.a. with a repayment tenure of 5 years. The processing fee charged for this loan is 1.5% of the loan amount, which amounts to Rs 7,500. Therefore, the total borrowing cost of your personal loan will be Rs 1,52,317 and its APR will be 11.16%.
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