SBI personal loan for 10,000 salary: Apply Now

Whether you’re planning a wedding, vacation, or dealing with an unplanned emergency or a big purchase, the SBI Xpress Credit Personal Loan offers a fast and hassle-free way to get the funds you need. With minimal documentation and instant approval, you can fulfill your personal financial needs in no time.

Call Now for More Information or Apply via the Contact Centre:

Dial: 1800-11-2211
Missed Call: 7208933142
SMS “PERSONAL” to: 7208933145 for a call back

Festive Dhamaka Offer: Zero Processing Fee till 31st January 2025. Don’t miss out – Apply now!

SBI personal loan for 10,000 salary Key Features

Loan Amount: Up to ₹30 Lakhs.
Low Interest Rates: Starting from 9.05% per annum.
Daily Reducing Balance Interest: Pay less interest as your loan balance reduces.
Low Processing Charges: Only minimal charges apply.
Minimal Documentation: Fast approval with simple paperwork.
Zero Hidden Fees: Transparency throughout the loan process.
Provision for a Second Loan: In case of further needs.
No Security, No Guarantor: Easy eligibility with no collateral required.

SBI personal loan for 10,000 salary Eligibility Criteria

Salary Account with SBI is required.
Minimum Monthly Income: ₹25,000.
EMI/NMI Ratio: Up to 60%.
Eligible Employees:
- Central/State Government
- Quasi-Government and PSUs
- Educational Institutions of National Repute
- Select Corporates

Loan Amount:

Minimum Loan: ₹1 Lakh
Maximum Loan: ₹30 Lakhs or 24 times NMI

Interest Rates (Effective from 15.08.2024):

2-Year MCLR: 9.05%
Mean ROI for Xpress Credit (Q1 FY25): 12.61%

SBI Xpress Credit Scheme (Including Pre-Approved Xpress Credit)

For Defence/Armed Forces/Indian Coast Guard Personnel:
- Interest Rate: 11.45% – 12.95%
- Spread: 2.40% – 3.90% over 2-year MCLR
For Central/State Govt., Railway, CPSEs, and Others:
- Interest Rate: 11.60% – 14.10%
- Spread: 2.55% – 5.05% over 2-year MCLR
For Other Corporates:
- Interest Rate: 12.60% – 14.60%
- Spread: 3.55% – 5.55% over 2-year MCLR