SBI Personal loan Interest rate 2022: If you are thinking of taking a personal loan from SBI Bank, then it is very important to have proper knowledge about its interest rate. The bank offers various types of personal loans as per the needs of the customers.
The interest rate is also different for different personal loans. In this article you are currently running SBI Personal Loan Interest Rate 2022 You will get complete information about it, so read this article till the end.
SBI Personal Loan Interest Rate 2022
in present time SBI Personal Loan Interest Rate 10.65% p.a. starts from Existing customers of the bank and those with a good CIBIL score can take advantage of the bank’s attractive interest rates. ‘Overdraft’ facility is available on Term Loan at an additional interest rate of 0.50%.
Women are given a rebate in the interest rate on taking a personal loan. You can get a personal loan up to a maximum of Rs 20 lakh from SBI Bank.
SBI Personal Loan Interest Rate 2022 for Various Loans
As we told you that the bank provides many types of personal loans to the customers. This interest rate is different for different loans, which you can see here:
| loan name | effective interest rate |
|---|---|
| SBI Express Credit | 10.65% – 12.15% |
| SBI Express Elite | 10.65% – 12.40% |
| Xpress Credit Insta Top-up Loan | 11.75% |
| SBI Pension Loan | 10.80% |
| Jai Jawan Pension Loan | 10.80% |
| Pension Loan Scheme for Treasury and PSU Pensioners | 10.80%-11.30% |
| Pre-approved Pension Loan (PAPNL) | 10.80% |
| Pre-approved Insta Pension Top-up | 10.80% |
How much can I get SBI personal loan?
As we told you that the bank provides many types of personal loans, in which the loan amount is different, but under this loan you Maximum Rs.20 Can get loan up to. The loan amount depends on the profile of the applicant.
If your income is very high and your CIBIL score is very good, then you can get a loan at a low interest rate, so before taking a loan, pay attention to your credit score. For more information about SBI Personal loan Interest rate 2022, you can also visit the official website of the bank.