There is no Loan named ‘Business Loan’ offering by State Bank of India (SBI).

The Bank offers following types of Loans:

HOME LOANS INTEREST RATES
AUTO LOANS
EDUCATION LOAN SCHEME
PERSONAL LOANS SCHEMES
LOANS AGAINST PROPERTY
LOANS AGAINST GOLD ORNAMENTS MORTGAGE OF PROPERTY

Here I am telling you about Personal Loan Scheme:

INTEREST RATE

Scheme Revised (w.e.f. 01.01.2017)
2 year Spread over Effective Interest
MCLR 2 year MCLR Rate

SBI Pension Loan 8.10% 4.35% 12.45%

Jai Jawan Pension Loan 8.10% 4.35% 12.45%

PENSION LOAN TO COAL MINES PROVIDENT FUND (CMPF) PENSIONERS* 8.10% 4.35% 12.45%

Xpress Credit – IT Employees
8.10% 4.80-6.80 12.90%-14.90%

Clean Overdraft 8.10% 8.45% 16.55%

OD for e-Commerce purchases
8.10% 5.50% 13.60%

Xpress Credit to employees of Rated Corporates:

Facility 2 year Spread over Effective Interest
Type MCLR 2 year MCLR Rate
Term Loan 8.10% 3.80% 11.90%
Term Loan 8.10% 4.30% 12.40%
Term Loan 8.10% 5.90% 14.00%
Term Loan 8.10% 6.40% 14.50%
Overdraft 8.10% 4.05% 12.15%
Overdraft 8.10% 4.55% 12.65%
Overdraft 8.10% 6.15% 14.25%
Overdraft 8.10% 6.65% 14.75%