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As the festive season is in full swing, many lenders want to woo the borrowers by offering a low rate of interest, discounts, and cashback offer on the personal loan. There are a lot of offers on products too, which you could buy with the personal loan help.
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WHICH LENDER OFFERS THE CHEAPEST INTEREST RATE ON A PERSONAL LOAN? Email= Info@Afinoz.com Website- https://financialconsultant.home.blog/2020/11/05/which- lender-offers-the-cheapest-interest-rate-on-a-personal-loan/
WHICH LENDER OFFERS THE CHEAPEST INTEREST RATE ON A PERSONAL LOAN? • As the festive season is in full swing, many lenders want to woo the borrowers by offering the low rate of interest, discounts, and cashback offer on the personal loan. There are a lot of offers on products too, which you could buy with the personal loan help/ • Today, we wanted to tell you about the lender who are offering the cheapest interest rate for an instant personal loan. There is SBI personal loan, Indian Bank personal loan, PNB, and others. However, our focus will be on SBI since it is one of best bank in India, and it has the broadest reach in terms of customers. We want to make sure thousands of people get benefit from this blog, So, let’s take a look at State bank of India personal loan.
SBI PERSONAL LOAN • SBI offers every kind of financial product available in the Indian market. Its personal loan has become famous because of it’s lowest interest rate. The features such as customized personal loan products, flexible loan tenure, and the easy way to apply for the loan have made it popular. • SBI offers personal loans up to Rs 20 lakhs. • The rate of interest is 9.60% P.A. • The loan tenure is up to 72 months. • The processing fee is up to 1% of the loan amount. • The pre-closure charge is allowed after 6 EMIs with 3% charge.
TYPES OF PERSONAL LOAN AND THE RATE OF INTEREST • SBI Xpress Elite scheme personal loan – 9.60% P. A onwards • SBI Xpress credit personal loan – 10.60% P.A onwards • SBI pension loan – 9.75% P.A onwards • SBI Xpress credit instant top up personal loan – 10.70% P.A onwards • SBI Credit non- permanent employees personal loan – 11.50% P.A onwards • SBI quick personal loan – 10.85% P.A onwards • Clean overdraft personal loan – 15.65% P.A onwards
THE ELIGIBILITY CRITERIA FOR SBI PERSONAL LOAN • SBI Xpress Elite scheme personal loan – 9.60% P. A onwards • SBI Xpress credit personal loan – 10.60% P.A onwards • SBI pension loan – 9.75% P.A onwards • SBI Xpress credit instant top up personal loan – 10.70% P.A onwards • SBI Credit non- permanent employees personal loan – 11.50% P.A onwards • SBI quick personal loan – 10.85% P.A onwards • Clean overdraft personal loan – 15.65% P.A onwards
THE ELIGIBILITY CRITERIA FOR SBI PERSONAL LOAN • The borrower should be working in a private, government, or MNC company. • The borrower age should be between 21 years to 58 years. • The borrower’s minimum salary should be Rs 24,000 monthly. • The borrower should have minimum 2 years of work experience
THANKING YOU……. • Email= Info@Afinoz.com • Website- https://financialconsultant.home.blog/2020/11/05/which-lender-offers-the- cheapest-interest-rate-on-a-personal-loan/