SBI Personal Loan Interest Rates from 11.45% p.a*
Avail SBI personal loans with interest rates from 11.45% p.a.* Enjoy quick disbursal, minimal paperwork, and flexible repayment options. Apply now!
Comparison of Personal Loan Interest Rates of Banks (2025)
| Bank | Interest Rate | Loan Amount | Apply |
|---|---|---|---|
| DBS Bank | From 10.99% | Up to ₹15 Lakhs | Apply |
| HDFC | From 10.85% | Up to ₹40 Lakhs | Apply |
| Axis Bank | From 10.49% | Up to ₹40 Lakhs | Apply |
| ICICI Bank | 10.75% – 19% | Up to ₹40 Lakhs | Apply |
| Bank of Baroda | 10.75% – 18.5% | Up to ₹5 Lakhs | Apply |
| SBI | From 11% | Up to ₹30 Lakhs | Apply |
| IndusInd | From 10.49% | Up to ₹50 Lakhs | Apply |
| Yes Bank | From 10.99% | Up to ₹40 Lakhs | Apply |
| Standard Chartered | From 11.5% | Up to ₹50 Lakhs | Apply |
| IDFC | From 10.49% | Up to ₹50 Lakhs | Apply |
| Kotak Mahindra | From 10.99% | Up to ₹40 Lakhs | Apply |
| PNB | From 11.40% | Up to ₹20 Lakhs | Apply |
| Bandhan Bank | From 11.55% | Up to ₹25 Lakhs | Apply |
Comparison of Personal Loan Interest Rates of NBFCs (2025)
| NBFC | Interest Rate | Loan Amount | Apply |
|---|---|---|---|
| Piramal Finance | From 12.99% | Up to ₹35 Lakhs | Apply |
| Shriram Finance | From 14% | Up to ₹35 Lakhs | Apply |
| Tata Capital | From 10.99% | Up to ₹35 Lakhs | Apply |
| InCred | From 18% | Up to ₹3 Lakhs | Apply |
| Finnable | From 16% | Up to ₹10 Lakhs | Apply |
| PaySense | From 16.8% | Up to ₹5 Lakhs | Apply |
| Poonawalla | From 9.99% | Up to ₹30 Lakhs | Apply |
| Fullerton | From 11.99% | Up to ₹25 Lakhs | Apply |
| LendingKart | From 12% | Up to ₹3 Lakhs | Apply |
| Axis Finance | From 13% | Up to ₹25 Lakhs | Apply |
| Mahindra Finance | From 10.99% | Up to ₹10 Lakhs | Apply |
| Aditya Birla | From 11.99% | Up to ₹50 Lakhs | Apply |
| Bajaj Finance | From 11% | Up to ₹50 Lakhs | Apply |
SBI Personal Loan Interest Rates
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!
Key Factors Affecting SBI Personal Loan Interest Rates
| 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. |
How to Get the Best Interest Rate on SBI Personal Loans
- Maintain a High Credit Score: Ensure your credit score is above 750 by paying existing debts on time.
- Choose a Short Tenure: Shorter repayment tenures reduce the bank’s risk and may result in better rates.
- Provide Accurate Documentation: Submit all required documents promptly and accurately to avoid delays or higher rates.
- Negotiate with SBI: Existing customers with a good banking relationship can negotiate for lower rates.
- Apply During Festive Offers: SBI offers special interest rates during festive seasons.
SBI Personal Loan EMI Calculator
Use the SBI Personal Loan EMI Calculator to estimate your monthly EMI based on the loan amount, interest rate, and tenure.
Example:
| 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:
- Input the loan amount you need.
- Select the interest rate (starting from 11.45%).
- Choose the tenure (up to 7 years).
- Review the calculated EMI and adjust variables as needed.
Types of Personal Loans from SBI
| 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. |
FAQs for SBI Personal Loan Interest Rate
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.
