If you want to get information about the Personal Loan Rates in India as well as Documentation needed to apply for an SBI Personal Loan, then here I am telling you about it as you want.

Here I am telling you about it as you want;


SBI Personal Loan Interest Rates
SBI Personal Loan Details
Interest Rate (Floating)
BR + 8.50%

Base Rate –
9.30%

Processing Fees
2.02%-3.03% of the loan amount

Loan Tenure
4 years

Pre-closure Charges
Nil

Guarantor Requirement
No guarantor required


Documentation needed to apply for an SBI Personal Loan
Signed application form with photograph

Proof of identity: Passport/voter ID card/driving license

Processing fee cheque

Last 3 months bank statement/6 months bank passbook

Documentation for salaried applicants:
Latest salary slip
Current dated salary certificate with the latest Form 16

Documentation for self-employed applicants:
Latest Bank statement
Latest ITR or Form 16