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Pre-loan Eligibility checker
Last updated on: July 22, 2025
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Read BioAvail SBI personal loans with interest rates from 11.45% p.a.* Enjoy quick disbursal, minimal paperwork, and flexible repayment options. Apply now!
| Bank | Interest Rate | Loan Amount | Processing Fee | Processing Time | Apply |
|---|---|---|---|---|---|
| DBS Bank | 10.99% – 30.00% | ₹25,000 to ₹15 Lakhs | 1%–3% + GST | 24–48 hrs | Apply |
| HDFC Bank | 10.90% – 24.00% | ₹50,000 to ₹40 Lakhs | Up to ₹6,500 + GST (~1–3%) | 24–48 hrs | Apply |
| Axis Bank | From ~11.25% | ₹50,000 to ₹15 Lakhs | 1.5%–2% + GST | 24–72 hrs | Apply |
| ICICI Bank | 10.80% – 16.65% | Up to ₹50 Lakhs | 0.5%–2% + GST | 24–48 hrs | Apply |
| Bank of Baroda | 10.49% – 18.75% | ₹30,000 to ₹20 Lakhs | Up to 2% + GST | 48–72 hrs | Apply |
| SBI | 10.30% – 15.30% | ₹10,000 to ₹35 Lakhs | Up to 1.5% + GST | 2–3 working days | Apply |
| IndusInd Bank | From 10.49% | ₹30,000 to ₹50 Lakhs | Up to 3.5% (2% online) + GST | 24–48 hrs | Apply |
| Yes Bank | 10.99% – 21% | ₹100,000 to ₹40 Lakhs | Up to 2.5% + GST | 24–48 hrs | Apply |
| Standard Chartered | 11.49% – 17% | ₹1 Lakh to ₹50 Lakhs | Up to 2.25% + GST | 48–72 hrs | Apply |
| IDFC FIRST Bank | 9.99% – ~10.75% | ₹1 Lakh to ₹50 Lakhs | Up to 3.5% + GST | 24–48 hrs | Apply |
| Kotak Mahindra Bank | From 10.99% | ₹50,000 to ₹40 Lakhs | 1%–2.5% + GST | 24–48 hrs | Apply |
| Punjab National Bank | 11.50% – 17.05% | Up to ₹20 Lakhs | Up to 1% + GST | 2–3 days | Apply |
| Bandhan Bank | 10.50% – 12.55% | ₹50,000 to ₹25 Lakhs | Up to 3% + GST | 48–72 hrs | Apply |
| NBFC | Interest Rate | Loan Amount | Processing Fee | Processing Time | Apply |
|---|---|---|---|---|---|
| Piramal Finance | From 12.99% | Up to ₹35 Lakhs | 2%–3% + GST | 24–72 hrs | Apply |
| Shriram Finance | From 14% | Up to ₹35 Lakhs | Up to 3% + GST | 2–3 days | Apply |
| Tata Capital | From 10.99% | Up to ₹35 Lakhs | Up to 2.5% + GST | 24–48 hrs | Apply |
| InCred | From 18% | Up to ₹10 Lakhs | 2%–4% + GST | Instant to 24 hrs | Apply |
| Finnable | From 16% | Up to ₹10 Lakhs | Up to 3% + GST | 24–48 hrs | Apply |
| Poonawalla Fincorp | From 9.99% | Up to ₹30 Lakhs | 1%–2% + GST | 24–72 hrs | Apply |
| Fullerton India | From 11.99% | Up to ₹25 Lakhs | Up to 3% + GST | 1–2 working days | Apply |
| Axis Finance | From 13% | Up to ₹25 Lakhs | Up to 2.5% + GST | 1–2 days | Apply |
| Mahindra Finance | From 10.99% | Up to ₹10 Lakhs | Up to 3% + GST | 2–3 days | Apply |
| Aditya Birla Finance | From 11.99% | Up to ₹50 Lakhs | Up to 2.5% + GST | 48–72 hrs | Apply |
| Bajaj Finance | From 11% | Up to ₹50 Lakhs | Up to 4% + GST | 24–72 hrs | Apply |
State Bank of India (SBI) offers personal loans at attractive interest rates starting from as low as 11.45% p.a. Whether you need funds for a wedding, home renovation, medical emergency, or travel, SBI’s personal loans provide a seamless and transparent financial solution.
With competitive interest rates, minimal documentation, and flexible repayment options, SBI ensures that borrowers experience convenience and financial security. Leverage SBI’s trusted legacy and customer-focused services to meet your monetary needs effectively.
Explore SBI personal loan options today to unlock the benefits of low-interest rates and flexible terms designed to suit your unique requirements!
| Factor | Description |
|---|---|
| Credit Score | A credit score above 750 can help secure lower interest rates. |
| Loan Amount | Higher loan amounts may attract better interest rates. |
| Repayment Tenure | Shorter tenures often result in slightly better rates due to reduced risk. |
| Income Stability | Stable and high income increases the likelihood of favorable rates. |
| Employment Type | Salaried individuals in reputable organizations often receive better rates. |
| Relationship with SBI | Existing SBI customers may get lower interest rates and reduced processing charges. |
Use the SBI Personal Loan EMI Calculator to estimate your monthly EMI based on the loan amount, interest rate, and tenure.
| Loan Amount | Interest Rate | Tenure | Estimated EMI |
|---|---|---|---|
| ₹5,00,000 | 11.45% | 5 years | ₹10,982 |
| ₹10,00,000 | 11.45% | 7 years | ₹17,678 |
| ₹3,00,000 | 11.45% | 3 years | ₹9,887 |
How to Use the Calculator:
| Loan Type | Interest Rate (p.a.) | Maximum Loan Amount | Eligibility |
|---|---|---|---|
| SBI Xpress Elite | 11.45% - 11.95% | ₹35 Lakhs | For high-salaried individuals maintaining an account with SBI. |
| SBI Xpress Flexi | 11.30% – 14.30% | ₹25 Lakhs | Salaried customers with monthly salary of ₹50,000 or more. |
| SBI Xpress Credit | 12.60% - 14.60% | ₹30 Lakhs | Open to all salaried individuals. |
| SBI Pre-approved Loan | From 13.30% | ₹20 Lakhs | Instant approval for eligible SBI account holders. |
| Real-Time Xpress Credit | NA | ₹35 Lakhs | Designed for Salary Package account holders with SBI. |
1. What is the minimum interest rate for an SBI personal loan?
The interest rate starts at 11.05% per annum for the Xpress Credit Loan.
2. How can I reduce my SBI personal loan interest rate?
Maintain a high credit score, choose a shorter tenure, and apply during special festive offers.
3. What are the processing fees for SBI personal loans?
SBI charges a 1.5% processing fee plus GST for most personal loan products.
4. Can I prepay my SBI personal loan?
Yes, SBI allows prepayment. However, prepayment charges may apply depending on the loan type.
5. What is the maximum loan amount SBI offers?
SBI offers personal loans up to ₹40,00,000 under specific schemes like Xpress Elite.
Written by Prem Anand, a content writer with over 10+ years of experience in the Banking, Financial Services, and Insurance sectors.
Prem Anand is a seasoned content writer with over 10+ years of experience in the Banking, Financial Services, and Insurance sectors. He has a strong command of industry-specific language and compliance regulations. He specializes in writing insightful blog posts, detailed articles, and content that educates and engages the Indian audience.
The content is prepared by thoroughly researching multiple trustworthy sources such as official websites, financial portals, customer reviews, policy documents and IRDAI guidelines. The goal is to bring accurate and reader-friendly insights.
This content is created to help readers make informed decisions. It aims to simplify complex insurance and finance topics so that you can understand your options clearly and take the right steps with confidence. Every article is written keeping transparency, clarity, and trust in mind.
Based on Google's Helpful Content System, this article emphasizes user value, transparency, and accuracy. It incorporates principles of E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness).
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