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  #1  
September 26th, 2016, 03:59 PM
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SBI Salary Loan

Is Personal Loan of State Bank Of India also available for Salaried individual if yes will you please get some information?
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  #2  
September 26th, 2016, 05:06 PM
Super Moderator
 
Join Date: Mar 2012
Re: SBI Salary Loan

Yes buddy Personal Loan of State Bank Of India also available for Salaried individual and here I will get details of the loan.

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

Repayment
The loan is repayable in 48 EMI. You are allowed to pay more than the EMI if you wish to, without attracting any prepayment penalty.

Charges/Fees
Processing Fees :
Processing charges are 2% - 3% of the loan amount + applicable Service Tax

Prepayment Charges :
Any prepayment of EMIs in full or in part and closure of account before the end of term will attract the prepayment charges of 3% on prepaid amount


Address:-
State Bank of India
3rd Floor, G Block, Synergy Buidling, Bandra Kurla Complex-Bandra East, Mumbai - 400051, Behind National Stock Exchange

Phone:-
+(91)-80-26599990
18004253800,1800112211


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