SBI Personal Loan in Bengaluru

Last Updated : Feb. 27, 2020, 12:59 p.m.

SBI Personal Loan Bengaluru Interest Rate

SBI Branches with IFSC Codes in Bengaluru

The branch address, IFSC Code, MICR Code and customer care details of State Bank of India branches located in Bengaluru are mentioned in the table below:

Eligibility Criteria

The eligibility criteria to apply for a personal loan at State Bank of India in Bengaluru is as follows:

• Salaried individual of good quality corporate, self- employed engineer, doctor, architect, chartered accountant, MBA with minimum 2 years standing
• Central and state Government
• Quasi-Government
• Central PSUs
• Profit making State PSUs
• Educational Institutions of National Repute
• Selected Corporates
• Pensioners

SBI Personal Loan EMI Calculator

After deciding to avail a personal loan, it is also crucial for you to keep an eye on the EMIs of the loan as well. That’s right! And, when it comes to EMIs, how can an EMI calculator be missed? Yes, this smart and time-saving tool allows you to know your monthly installments, interest outgo and total amount payable on a loan in the best way. By taking into consideration the loan amount, tenure and interest rate, this device fetches the results for you in the easiest and quickest manner.

In order to make you better understand, below is a table showing the calculations on a loan amount of ₹4 Lakh, taken for a tenure of 5 years at an interest rate of 12.75% per annum.

Documents Required

The documentation needed to apply for a personal loan at SBI is as follows:

• Latest Photograph
• Photo Identity of the applicant & the guarantor
• Residence Proof of the Applicant & Guarantor
• Income Proof – Salary slips for last 3 months, ITR/ Form 16 for last 3 years (for salaried)

For latest updates, read Personal Loan Bengaluru

About SBI Personal Loan in Bengaluru

Personal loans at SBI are multipurpose with the add-on benefit of one of the lowest interest rates on personal loans. In addition to this, this loan saves your time with the facility of easy documentation and quick approval. Hence, SBI personal loans are most demanding loans in Bengaluru.

Recently, SBI has merged with its five associate banks namely State Bank of Mysore (SBM), State Bank of Travancore (SBT), State Bank of Bikaner and Jaipur (SBBJ), State Bank of Hyderabad (SBH) and State Bank of Patiala (SBP). Coming back to SBI personal loans, there are different schemes like SBI Xpress Credit Personal Loan and SBI Pension/Jai Jawan Pension Loan which are both available at attractive rates. So, if you are looking for an affordable personal loan in Ahmedabad, apply now at your nearest SBI branch.

SBI personal loans are customized personal loans and are offered under two schemes namely SBI Xpress Credit Personal Loan and SBI Pension/Jai Jawan Pension Loan. So, if you are in urgent need of money, apply now for this loan at your nearest SBI branch in Bengaluru. Below are the personal loan interest rate, eligibility criteria, documentation needed to apply for this loan and SBI Bengaluru branch details.