Monday, February 26th, 2024

SBI brings exciting offer on personal loan, these benefits are available along with discount in interest rate

Photo:PTI SBI Personal Loan

A huge offer on personal loan has been taken by the country’s largest bank, State Bank of India i.e. SBI. Under this offer, many benefits are being given by the bank including discount in interest rate and zero processing fee. In such a situation, if you are planning to take a personal loan, then this can be a good opportunity for you.

Interest rate discount on SBI personal loan

A video has been posted by SBI regarding the offer on personal loan, in which information about it is given. If a person takes a personal loan from SBI, he will be given a discount of 0.50 percent on interest rates. Along with this, personal loan will be given at zero processing fee. That is, after applying for the loan, you will have to pay the installment directly. Apart from this, no guarantor will be required to take a personal loan. Apart from this there are no hidden charges.

Interest rate on personal loan in SBI

The interest rates on personal loans offered by SBI range from 11.05 percent to 14.05 percent. However, the interest rate depends on your eligibility, the higher your credit score. You will get the loan at the same low interest. Credit scores usually range between 300 to 900. A credit score of 300 is considered the worst, while a credit score of 900 is considered the best. In such a situation, a credit score of 750 or more is considered good for taking a personal loan at a low interest rate.

If you do not have a credit score due to lack of credit history, then you can also turn to gold loan or FD overdraft instead of personal loan. This will help you in taking loan at low interest.

Latest Business News

Whatsapp GroupJoin
Telegram channelJoin

RBI made a big announcement regarding UPI, now approval has been given to add this facility, these benefits will be there

New Delhi: The Reserve Bank of India (RBI) has also announced the inclusion of pre-sanctioned credit lines issued by banks in the UPI system for transactions. A notification has been issued by RBI regarding...

Tomato became a villain just like that! Inflation witch occupied the whole plate, the government told in the parliament how expensive pulses, rice and flour became

Photo:FILE rice atta daal price For the last one month, tomato has become the poster boy of inflation. Sometimes 100, sometimes 200 and now 250 rupees tomato is gathering discussion everywhere. But where we...

Kochi Water Metro: Country’s first water metro starting from today, know everything from fare to timing and route

New Delhi:The country’s first water metro (kochi water metro) is going to start from today. This (kochi water metro) is being considered as a dream project for Kerala. It will give a boost to...