SBI customer alert! State Bank of India grants instant personal loan of 20 lakh to these holders
The bank said that an SBI salary account holder can qualify for a loan of 25,000 rupees at 20 lakh in this system.
- Web DNA Team
- Feb 18, 2021 @ 11:14 am IST
In good news for lakh of SBI clients, State Bank of India (SBI) has launched SBI’s Xpress Credit Personal Loan service for its salary account holders. The SBI said that an SBI customer can benefit from the service by giving a missed call or sending an SMS. The bank said that an SBI salary account holder can qualify for a loan of 25,000 rupees at 20 lakh in this system.
1. SBI instant loan
The SBI said it would give quick approval and instant disbursement of the loan amount to applicants’ savings account.
2. More details about the SBI instant loan
According to SBI, the loan is approved with minimal documentation.
3. What is the interest rate?
The interest rate charged by SBI on this personal loan is 9.60 percent, which is the lowest of any Indian bank.
4. What did SBI say on Twitter?
on 7208933145. For more information: https://t.co/TH5bnGWu1V pic.twitter.com/EJin90BhxV – State Bank of India (@TheOfficialSBI) February 16, 2021 “data-url =” https: //www.dnaindia. com / personal-finance / photo-gallery-sbi-customers-alert-state-bank-of-india-is-giving-instant-personal-loan-of-rs-20 -lakh-to-these-holders-of- accounts-2876033 / what-sbi-says-on-twitter-2876037 “class =” img-responsive “/>
SBI posted a tweet with a link that states, “Whether it’s your wedding or vacation, an unplanned emergency or a planned purchase, get quick approval and instant disbursement with minimal documentation through SBI Xpress Credit Personal Loan for all your needs, “adding:” Give a missed call to 7208933142 or a ‘PERSONAL’ SMS to 7208933145 to be called back from our contact center. “
All it takes is an SMS to start your personal loan process.
Find out more: https://t.co/TH5bnGWu1V pic.twitter.com/EJin90BhxV
– State Bank of India (@TheOfficialSBI) February 16, 2021
5. Instant SBI personal loan eligibility criteria
a) individuals with a salary account with SBI;
b) Minimum monthly income of 15,000 rupees per month;
c) EMI / NMI ratio less than 50 percent; and
d) The SBI salary account holder must work with central / state / quasi-government PSUs, central PSUSs and for-profit states, nationally recognized educational institutions and selected companies with or without relationship with the bank .