Whether you need money for personal needs or dream of starting a business, this loan of SBI can prove to be a boon for you. Come, know the features of this offer and easy way to get it.

Personal loan up to 20 lakhs, without any hassle

SBI has launched a personal loan scheme for its customers, in which you can take a loan ranging from Rs 24,000 to Rs 20 lakh without any processing fees. To take this loan, you will neither have to do long paperwork nor will you have to visit the bank again and again. The special thing is that payment of loan is also very easy, because you can pay it according to your convenience in a period of 6 months to 6 years. This loan is for every person who wants immediate money to meet his needs.

Interest and Charge: Transparent and Affordable

The interest rates of this personal loan of SBI are quite economical, which makes it special than other banks. Interest is calculated on a decreasing balance every day, so that you do not get additional burden. The best thing is that there is no hidden charge on this loan. You will neither have to submit security nor need any guarantor. Even if you want to take a second loan in future, SBI also gives you this facility. This transparency and flexibility makes SBI the first choice of customers.

Who can take this loan?

This loan scheme of SBI is open to every person who is between 21 to 58 years of age and is earning at least Rs 15,000 monthly salary. If you have been in a job for the last 12 months, you can easily apply for this loan. For this, it is not necessary that your salary account is in SBI; The salary account of any bank will run. To take this loan, you have to provide some basic documents, such as 6 months salary slip, income tax return (ITR) information, 2 passport size photos, identity cards, and residence proofs. With these documents you can easily apply for a loan.

Dream of starting a business? SBI is ready

SBI is not only giving personal loans, but has also brought a special scheme for small and medium traders. If you want to start your business, then a loan of up to Rs 1 lakh can be found without more paperwork under SBI's e-currency scheme. For this loan you can apply online sitting at home, which makes it even more convenient. Whether you want to open a small shop or start a new venture, this scheme will help in turning your dreams into reality.

Why choose SBI's loan?

SBI is the most trusted government bank in the country, and its loan schemes are created keeping in mind the needs of customers. You can use this loan money for any need, whether it is a medical emergency, the expenses of marriage, or renovation of the house. The loan process is completely digital and transparent, so that you will not have any kind of inconvenience. Also, SBI's affordable interest rates and long repayment periods make it attractive to every class.

This loan offer of SBI is a golden opportunity for those who want to meet their financial needs easily. With no processing fees, low interest rates, and easy EMI, this loan can make your life more easy. If you also want to take advantage of this offer, then contact your nearest SBI branch or online portal today.