|Loan Name||Interest Rate||Processing Fee||Loan Amount||Tenure|
|Xpress Credit Personal Loan||12.05% - 12.55%, Floating||1% of the loan amount + applicable service tax||25K||5 Years|
The SBI is providing Personal Loans to those employees who are employed in the below-mentioned entities and who are currently maintaining salary account with the State Bank of India at a zero margin.
Q: How many types of personal loans are there in SBI?
A: State Bank of India provides three types of personal loans they are listed below:
1.XPRESS CREDIT PERSONAL LOAN
2.SBI XPRESS BANDHAN LOAN
Q: What is xpress credit loan in SBI?
A: SBI Xpress credit loan belongs to the personal loan which is offered to those who are maintaining the salary account with State bank of India. The minimum net monthly salary should be Rs.7500/-.The minimum repayment period will be six months and the maximum period is up to five years. The following categories only avail the Xpress credit personal loan in SBI:
Q: Is there any penalty charges in case of late payment of SBI personal loan?
A: Yes, if the irregularity Exceeds EMI or instalment payment for a period of one month then the penal interest will be charged at 2% per month.
Q: What are the chances to get a better rate of interest on a personal loan in Sbi?
A: The following three tricks may help you to get a good rate of interest in SBI:
Q: How can the customers get in touch with SBI for customer service?
A: The State bank of India provides customer service through online and as well as from its branches. They allotted separate cells for the personal loan. Interested customers may contact customer grievance cells at local head offices or can visit www.sbi.co.in to get more details.