| Products | Rate of Interest (p.a.) |
|---|---|
| Pre-approved Personal Loans (PAPL) to Non CSP Customers | 14.10%-14.60% |
SBI YONO Personal Loan

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SBI YONO Personal Loan Highlights
Interest Rates for SBI YONO Personal Loan
| Products | Rate of Interest (p.a.) |
| Pre-approved Personal Loans (PAPL) to Non CSP Customers | 14.10%-14.60% |
Eligibility Criteria for YONO App Personal Loan
Documents Required for SBI YONO App Personal Loan
The personal loan applicants are not required to submit any documents to SBI while applying for Pre-approved SBI Personal Loans through YONO app.
Also know about the SBI personal loan documents required during loan application
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How to Apply?
Follow the below-mentioned steps to apply for SBI personal loan through YONO app:
Fees and Charges for SBI YONO App Personal Loan
SBI does not charge any application fees for Pre-approved Personal Loans applied through YONO app.
Also Read: Personal Loan Processing Fee charged by other lenders
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Overview
FAQs
I do not have a SBI account. Can I apply for a personal loan?
At present, SBI is offering the personal loan through the app only to existing customers. However, the bank is planning to extend this service to new customers as well in the near future.
Is pre-approved personal loan available for all SBI YONO customers?
Pre-approved personal loan is provided to select customers of SBI. It may not be available to all SBI account holders.
How much time does it take for the amount to be disbursed in case of pre-approved loan?
It can take as less as a few minutes to get the amount disbursed in your account when you apply for a personal loan through the YONO app.
Can I avail the pre-approved personal loan if I don’t have a PAN card?
PAN card is mandatory for this loan whereas you have to provide any other document details for address proof such as Aadhaar card, Driving License, Voter’s ID card, etc.
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 9.99%*
Get up to ₹50 Lakhs starting at 9.99%*







