SBI Personal Loan
State Bank of India's Personal Loan
SBI personal loans can be availed of for any legitimate purposes such as expenses for domestic or foreign travel, medical treatment of self or a family member, meeting any financial liability such as marriage of son/daughter, defraying educational expenses of wards, meeting margins for purchase of assets and other financial requirements if the borrower has the ability to pay back.
Eligibility
You are eligible if you are a Salaried individual of good quality corporate, self employed engineer, doctor, architect, chartered accountant, MBA with minimum 2 years standing.
Loan Amount
Your personal loan limit would be determined by your income and repayment capacity.Minimum : Rs.24,000/- in metro and urban centres
Rs.10,000/- in rural/semi-urban centres
Maximum : 12 times Net Monthly Income for salaried individuals and pensioners subject to a ceiling of Rs.10 lacs in all centres
Documents Required
Documents Required
Latest salary slip and Form 16.
Get Personal Loan Offers
A maximum of 5 providers will compete to give you the best rates (Jun 2013)