State Bank Of India Features

Hii sir, I wants to Apply for the Personal Loan of the State Bank of India will you please provide me the Features and other Detials of the State Bank of India Personal Loan ?

As you asking for the contact details of the Personal Loan of the State Bank of India the details of the State Bank of India Personal Loan is as follow

Features :
The loan will be granted for any legitimate purpose whatsoever (e.g. expenses for domestic orforeign 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 marginsfor purchase of assets etc.)


Eligibility

You are eligible if you are a Salaried individual of good quality corporate, self employedengineer, 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

Important documents to be furnished while opening a Personal Loan Account:
For existing bank customers
Passport size photograph
From salaried individuals
Latest salary slip and Form 16

Processing Fees :

Processing charges are 2% - 3% of the loan amount + applicable Service Tax

For more details you may Visit the nearest branch of the State Bank of India

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Answered By StudyChaCha Member