1 / 6

SBI Saral Personal Loan

SBI Personal loan is known to offer facilities such as zero prepayment, minimum processing fees, low SBI Personal Loan Interest Rate and so on and no wonder why it is one of the largest lenders in the country. <br>More Info:-https://www.afinoz.com/blogs/sbi-saral-personal-loan

rahulafinoz
Download Presentation

SBI Saral Personal Loan

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. SBI Saral Personal Loan

  2. Eligibility Criteria for SBI Saral Personal Loan • Individuals who are salaried in a reputed corporate institution are eligible for this personal loan. Self-employed individuals are also eligible, including doctors, engineers, architect, MBA, chartered accountant, etc. A minimum of two years’ experience in the field is necessary.

  3. Features of SBI Saral Personal Loan • Purpose: The reason for availing a personal loan can be for anything that you require on an urgent basis. For example if you need to pay for some medical treatment, wedding, education, travel, etc. • Loan Amount limit: The limit that you can avail as personal depends on your income and repayment capacity. The minimum that you can borrow if you are in a metro/ urban centre is Rs.24,000/- and Rs.10,000/- if you live in a rural/semi-urban centre. The maximum that you can borrow is 12 times your net monthly income in the case of salaried individuals and pensioners. This is subject to a maximum of Rs.10 lacs. • Documents Required: As an existing bank customer you will need to produce a passport size photograph and latest salary slip as well as Form 16 from salaried individuals. • Security: NIL • Margin: SBI does not insist on any margin amount. • Repayment: You can repay the full amount that you borrowed in 48 EMIs. If you wish to do so, you can pay more than the EMI amount.

  4. Charges/Fees of SBI Saral Personal Loan • Processing Fees: 2% - 3% of the loan amount and applicable GST • Prepayment Charges: You can prepay EMIs in part or in full as well as close the account before the end of term. However, you will have to pay prepayment charge of 3% on prepaid amount. If you close an account from the proceeds of a new loan account which was opened under the same scheme, you will not be charged prepayment/ foreclosure charges. • A GST rate of 18% will be applicable on banking services and products from 01 July, 2017.

  5. Where to apply for SBI Saral Loan for Instant Disbursal • Its Very Simple Visit Afinoz.com • Verify yourself • Fill Full form • Company will call you in 1 Hour • That’s It.

  6. Thanks • Thanks for Watching this presentation from the core team of afinoz.com

More Related