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Personal, home, vehicle & other loans

Personal Loan

An unsecured personal term loan or overdraft for eligible salaried Salary Package customers, with published borrowing from ₹1 lakh to ₹50 lakh and repayment from 6 to 84 months.

Published starting rateStarting from 10.00% p.a.; final rate is applicant-specific and subject to the linked current rate scheduleMaximum amountBorrowing up to ₹50 lakh subject to appraisalRepayment period6 to 84 months, closing by retirement, contract end or age 60 as applicable
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Quick eligibility check

Personal Loan

0 of 9 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Does your annual income meet this requirement: Indian-national government, defence or eligible corporate employees with an SBI Salary Package Account and an acceptable credit score?

Published source: Employment and relationship

2Are you this type of customer: ₹20,000 for government or defence employees?

Published source: Minimum net monthly salary

3Do you meet this requirement: ₹25,000 for corporate employees?

Published source: Minimum net monthly salary

4Does your annual income meet this requirement: An SBI Salary Package Account is mandatory under the published eligibility?

5Are you this type of customer: Government/defence employees need at least six months' service?

6Document checkDo you have this required document or proof: PAN?

Published source: Employment and relationship

7Document checkDo you have this required document or proof: Six months' salary slips?

Published source: Employment and relationship

8Document checkDo you have at least one of these required documents: Employer identity card, service certificate, contract letter or other accepted employment proof?

Published source: Employment and relationship

9Document checkDo you have at least one of these required documents: Latest ITR or Form 16 where applicable?

Published source: Employment and relationship
0 of 9 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 13 Aug 2026 · active
Offered byState Bank of India

India, subject to Salary Package relationship, employment and credit appraisal

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

FacilityUnsecured term loan on daily reducing balance or overdraft with reducing drawing power; no guarantorView source
The page states that neither security nor a guarantor is required.
Source
Personal Loan
Page / section
Features
Accessed
13 Aug 2026
Confidence
high
Open official source ↗
Employment and relationshipIndian-national government, defence or eligible corporate employees with an SBI Salary Package Account and an acceptable credit scoreView source
Approval remains subject to internal credit policy.
Source
Personal Loan
Page / section
Eligibility
Accessed
13 Aug 2026
Confidence
high
Open official source ↗
Published age21 to 60 years; serving government or defence employees above 60 may be considered case by caseView source
Case-by-case consideration is not guaranteed eligibility.
Source
Personal Loan
Page / section
Eligibility — age
Accessed
13 Aug 2026
Confidence
high
Open official source ↗
Minimum net monthly salary₹20,000 for government or defence employees; ₹25,000 for corporate employeesView source
The employment minimum is six months for government/defence and twelve months for corporate employees.
Source
Personal Loan
Page / section
Eligibility — minimum net monthly salary
Accessed
13 Aug 2026
Confidence
high
Open official source ↗
Loan amount₹1 lakh to ₹50 lakh, capped at the lower of 30 times net monthly income or the amount meeting an EMI/NMI ratio up to 65%View source
The ₹50 lakh figure is a ceiling, not an entitlement.
Source
Personal Loan
Page / section
Eligibility — Loan Amount
Accessed
13 Aug 2026
Confidence
high
Open official source ↗
Published starting rateStarting from 10.00% p.a.; final rate is applicant-specific and subject to the linked current rate scheduleView source
Only the page's starting rate is represented; no universal rate is inferred.
Source
Personal Loan
Page / section
Features
Accessed
13 Aug 2026
Confidence
high
Open official source ↗
Repayment period6 to 84 months, closing by retirement, contract end or age 60 as applicableView source
The applicable employment-end condition can shorten the maximum 84-month tenor.
Source
Personal Loan
Page / section
Terms and Conditions — Repayment period
Accessed
13 Aug 2026
Confidence
high
Open official source ↗
Processing feeUp to 1.50% of loan amount, minimum ₹1,000 and maximum ₹15,000, plus GST; published category and credit-score waivers may applyView source
Defence and Platinum/Rhodium salary-package customers have a stated full waiver; other listed cases may receive 50% waiver.
Source
Personal Loan
Page / section
Terms and Conditions — Processing fee
Accessed
13 Aug 2026
Confidence
high
Open official source ↗
Published default charges2.40% p.a. on the irregular portion up to 60 days; 5% p.a. thereafter under the page's stated conditionsView source
Charges apply only to the stated irregular portion or outstanding for the irregularity period as described by .
Source
Personal Loan
Page / section
Terms and Conditions — Penal Charge
Accessed
13 Aug 2026
Confidence
high
Open official source ↗
Loan typeUnsecured term loan on daily reducing balance or overdraft with reducing drawing power; no guarantorView source
The page states that neither security nor a guarantor is required. This is the issuer-published facilityType value shown under the comparison field “Loan type”.
Source
Personal Loan
Page / section
Features — comparison field: Loan type
Accessed
13 Aug 2026
Confidence
high
Open official source ↗
Maximum amountBorrowing up to ₹50 lakh subject to appraisalView source
The manually reviewed product summary states: “Borrowing up to ₹50 lakh subject to appraisal”.
Source
Personal Loan — official product page
Page / section
Published loan terms in product summary
Accessed
13 Aug 2026
Confidence
high
Open official source ↗
TenureTenure up to 84 monthsView source
The manually reviewed product summary states: “Tenure up to 84 months”.
Source
Personal Loan — official product page
Page / section
Published loan terms in product summary
Accessed
13 Aug 2026
Confidence
high
Open official source ↗
Geographic limitsIndian-national government, defence or eligible corporate employees with an SBI Salary Package Account and an acceptable credit scoreView source
The manually reviewed product record states: “Indian-national government, defence or eligible corporate employees with an Salary Package Account and an acceptable credit score”.
Source
Personal Loan — official product page
Page / section
Published product metadata
Accessed
13 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • No collateral or guarantor
  • Term-loan and overdraft choices
  • Borrowing up to ₹50 lakh subject to appraisal
  • Tenure up to 84 months
  • Digital document execution
  • Published processing-fee concessions for qualifying customers

Eligibility

  • An Salary Package Account is mandatory under the published eligibility.
  • Government/defence employees need at least six months' service; corporate employees need twelve months.
  • The loan amount, rate and tenor remain subject to income, /, credit and retirement or contract-end limits.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Six months' salary slips
  • Employer identity card, service certificate, contract letter or other accepted employment proof
  • Latest or Form 16 where applicable
  • Six months' salary-account statements
  • Updated documents where records require them

Related official documents

SBI Personal Loan — official product pageofficial-product-page · current · accessed 4 Sept 2026
↗

Plan before applying

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

Eligible customers · Published detailIndian-national government, defence or eligible corporate employees with an Salary Package Account and acceptable credit score.

This value is copied from Personal Loan — published terms. Check the table notes before relying on it.

Source: Personal Loan — State Bank of India · Features; Eligibility; Loan Amount; Terms and Conditions; Processing fee; Penal charges Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 9 rows · 2 columnsSBI Personal Loan — published termsBorrower eligibility, salary threshold, amount, rate, tenure and charges from SBI's official personal-loan page.View tableHide table

Scroll sideways to view every column

SBI Personal Loan — published terms
ParameterPublished detail
Eligible customersIndian-national government, defence or eligible corporate employees with an Salary Package Account and acceptable credit score.
Age21–60 years; serving government or defence employees above 60 may be considered case by case.
Minimum net monthly salary₹20,000 for government or defence employees; ₹25,000 for corporate employees.
Loan amount₹1 lakh to ₹50 lakh, capped at the lower of 30 times net monthly income or the amount meeting an / ratio up to 65%.
Interest rateStarting from 10.00% p.a.; final rate is applicant-specific and subject to the linked current rate schedule.
Tenure6–84 months, closing by retirement, contract end or age 60 as applicable.
Processing feeUp to 1.50% of loan amount, minimum ₹1,000 and maximum ₹15,000, plus ; published category and credit-score waivers may apply.
Penal charge2.40% p.a. on the irregular portion up to 60 days; 5% p.a. thereafter under the stated conditions.
Security / Unsecured term loan or overdraft with reducing drawing power; no guarantor. No separate is published.
Personal Loan — State Bank of India · Features; Eligibility; Loan Amount; Terms and Conditions; Processing fee; Penal charges · accessed 31 Aug 2026Open official source ↗

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