- Loan amount: Offering a loan amount upto Rs. 25 lakh, SBI Xpress Power Personal Loan ensures that you have enough funds when you need to pay medical bills, go on a vacation, get married, renovate your home, etc.
- Flexible tenure: You can repay the loan as per your convenience by deciding the repayment period as per your repayment ability
- Minimum documentation: SBI asks only for a few necessary documents like salary proof, ID proof, etc., if you wish to apply for Personal Loan
- No hidden charges: While sanctioning you the loan amount, the bank informs you about all the additional fees and charges that you will be paying and hence saves you from any shock in future
SBI Xpress Power Personal Loan
SBI Xpress Power Personal Loan is offered to those salaried individuals who do not have a salary account with SBI but still wishes to avail a personal loan from the bank. Starting from Rs. 25,000, SBI Xpress Power Personal Loan goes upto Rs. 15 lakh and can be applied to avail funds for any financial emergency.

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Processing Time3 - 5 Days
Interest Rate9.99% onwards
Processing FeesUpto 2.5%
Max. Loan Amount₹2 Crore
Processing Time3 - 5 Days
Interest Rate9.99% onwards
Processing FeesUpto 2.5%
Max. Loan Amount₹2 Crore
Processing Time3 - 5 Days
Interest Rate9.99% onwards
Processing Fees₹4999+GST
Max. Loan Amount₹50 Lakh
Processing Time3 - 5 Days
Interest Rate9.99% onwards
Processing Fees₹4999+GST
Max. Loan Amount₹50 Lakh
Processing Time3 - 5 Days
Interest Rate9.99% onwards
Processing FeesUpto 2%
Max. Loan Amount₹40 Lakh
Processing Time3 - 5 Days
Interest Rate9.99% onwards
Processing FeesUpto 2%
Max. Loan Amount₹40 Lakh
Processing Time3 - 5 Days
Interest Rate9.99% onwards
Processing Fees₹12999+GST
Max. Loan Amount₹50 Lakh
Processing Time3 - 5 Days
Interest Rate9.99% onwards
Processing Fees₹12999+GST
Max. Loan Amount₹50 Lakh
Processing Time1 - 2 Days
Interest Rate10% onwards
Processing FeesUpto 1.2%
Max. Loan Amount₹75 Lakh
Processing Time1 - 2 Days
Interest Rate10% onwards
Processing FeesUpto 1.2%
Max. Loan Amount₹75 Lakh
Processing Time1 - 2 Days
Interest Rate9.99% onwards
Processing FeesUpto 2%
Max. Loan Amount₹1 Crore
Processing Time1 - 2 Days
Interest Rate9.99% onwards
Processing FeesUpto 2%
Max. Loan Amount₹1 Crore
Processing Time3 - 5 Days
Interest Rate17% onwards
Processing FeesUpto 4%
Max. Loan Amount₹50 Lakh
Processing Time3 - 5 Days
Interest Rate17% onwards
Processing FeesUpto 4%
Max. Loan Amount₹50 Lakh
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SBI Xpress Power Personal Loan - Features and Benefits
SBI Xpress Power Personal Loan - Interest Rate and Other Fees and Charges
Term Loan Facility
| 2 year MCLR | Spread over 2 year MCLR | Effective Interest Rate with No Reset |
|---|---|---|
| 8.10% | 3.50% – 5.15% | 11.60% – 13.25% |
Overdraft facility
| 2 year MCLR | Spread over 2 year MCLR | Effective Interest Rate with No Reset |
|---|---|---|
| 8.10% | 4.00% – 5.65% | 12.10% – 13.75% |
| Processing Fee | 1.50% of the Loan Amount (subject to minimum ₹1000/- & maximum ₹15000/-) plus applicable Tax |
| Prepayment charges | 3% on prepaid amount |
| Penal Interest | 2% p. m would be charged over and above the applicable interest rate on overdue amount for the period of default. |
SBI Xpress Power Personal Loan - Eligibility Criteria
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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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Get up to ₹50 Lakhs starting at 9.98%*








