• Hey dosto!
• Agar aap urgent personal financial need face kar rahe ho—jaise wedding, home renovation, medical emergency ya travel plans—toh State Bank of India aapke liye ek badiya solution hai. SBI ab personal loan sirf 10.30% p.a. se de raha hai, aur loan amount ₹1 lakh se ₹35 lakh tak milta hai, tenure up to 7 years! Khushi ki baat hai ki salaried employees aur pensioners bhi is scheme ka fayda utha sakte hain—woh bhi online, SBI YONO app se pre-approved offers le ke.

In this detailed guide, hum baat karenge:

• SBI personal loan ke main features
• Different loan types (salaried, pre-approved, pension etc.)
• Eligibility criteria aur benefits
• Required documents
• EMI calculator
• Loan approval tips
• Competitive comparison with other banks
• FAQs

🏦 Why Choose SBI for Personal Loan?

• Low Interest Rate (10.30% p.a. onwards): Market mein yeh rate kaafi competitive hai.
• High Loan Amount: ₹1 lakh se leke ₹35 lakh tak available hai.
• Flexible Tenure: 6 months to 7 years—budget ke hisaab se plan kar sakte hain.
• Pre‑approved offers: YONO app se 24×7 online apply karein.
• Pensioner friendly: SBI Pension Loan scheme ke through senior citizens ko bhi loan discreetly milta hai.

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1. SBI Personal Loan for Salaried Employees

🎯 Purpose & Features

• Target: SBI salary account holders (govt/PSU/private/corporate sectors)
• Loan Range: ₹1 lakh–₹35 lakh
• Tenure: 6 months–7 years
• Interest Rate: 10.30% p.a. onwards
• Ideal For: Funds manage karne ke liye—medical, travel, higher studies, etc.

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2. SBI Pre‑approved Personal Loan (PAPL) on YONO

🔥 Features

• Target: Existing SBI savings account holders
• Loan Range: Up to ₹15 lakh (pre‑approved offer)
• Tenure: 6 months–7 years
• Applying: Via YONO app / Internet Banking – no branch visit or paperwork!

✅ How to Check Eligibility:

• SMS: PAPL <last 4 digits of SB account> → Send to 567676
• Example: PAPL 1234

🛠️ How to Apply (YONO):

1. Open YONO → Tap on PAPL banner
2. Enter DOB & PAN
3. Choose loan amount & tenure
4. OTP verify, and amount disbursed instantly!

🛠️ How to Apply (Netbanking):

• Log in → Loans section → Verify email → Enter PAN & DOB → Select amount & EMI date → OTP → Done!

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3. SBI Real Time Xpress Credit (RTXC)

• 💼 Target: Salaried employees with SBI salary account
• 💸 Loan Amount: ₹1 lakh–₹35 lakh or 24×NMI
• ⏳ Tenure: 6 months–6 years
• ⚡ Feature: Fully digital—instant disbursal via YONO

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4. SBI Pension Loan

• 👴 Target: Govt/defense/family pensioners with SBI pension account
• 💰 Loan Amount: Up to ₹5 lakh
• ⏳ Tenure: Up to 6 years
• 📌 Special: Low EMI/NMP ratio (≤50%); irrevocable undertaking/NOC required

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📝 SBI Personal Loan Eligibility Criteria

1. Salaried Employees

• Employment Type: Gov/PSU/Private/Corporate
• Age: 21–60 years (up to 65 in special cases)
• Salary: Minimum ₹20k (Govt) / ₹25k (corporate)
• Work Experience: 6 months (Govt) / 1 year (corporate)
• EMI/NMI Ratio: Up to 65%

2. For RTXC Applicants

• Net Monthly Income ≥ ₹25,000
• SBI salary account mandatory

3. Pensioner Eligibility

• Age up to 76
• SBI pension account
• EMI/NMP ratio ≤50% (Govt/defence), ≤33% (family pensioners)

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📂 Documents Required

• Filled application form + passport-sized photos
• PAN card
• OVDs (Aadhaar, voter ID, driver’s license etc.)
• Last 6‑month salary slips
• Latest ITR or Form 16

(Note: Pre‑approved and RTXC usually skip most docs.)

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🔢 SBI Personal Loan EMI Calculator

Let’s estimate EMIs:

Formula: EMI = [P × r × (1+r)^n] / [(1+r)^n –1]

• P = Loan amount
• r = Monthly rate = Annual rate / 12 / 100
• n = Total months

Loan Amount	Tenure	EMI approx at 10.30% p.a.
₹5 lakh	3 years	₹16,116
₹10 lakh	5 years	₹21,483
₹20 lakh	7 years	₹31,960

🛠️ Use SBI’s YONO EMI Calculator for accurate results & choose your plan wisely! SBI personal loan

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🔄 Personal Loan Balance Transfer

Already with high-interest loans? SBI offers *balance transfer.
Benefits:

• Bring all debts under SBI at a lower rate
• Reduce EMIs or tenure
• Simplify loan management

However, check if processing fee and any penalties don’t offset savings.

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🔍 Comparison: SBI vs Other Banks

Feature	SBI	HDFC	Axis	ICICI
Interest Rate	10.30%–15.30% p.a.	10.90%–24.00% p.a.	10.49% p.a. onwards	10.80%–16.50% p.a.
Max Loan Amount	₹35 lakh	₹40 lakh	₹10 lakh	₹50 lakh
Min Monthly Salary Req.	₹20,000–₹25,000	₹25,000	₹15,000 (existing)	₹30,000
Processing Fee	Up to 1.5% (₹1,000–15,000 max)	Up to ₹6,500	Up to 2%	Up to 2%

➡️ Conclusion: SBI scorecard – lowest rates for corporates, flexible tenure, robust digital channels, and wide availability. SBI personal loan

✅ Tips to Improve SBI Loan Approval Chances

1. Maintain CIBIL ≥750 – timely repayments boost score
2. Submit complete, accurate documents
3. Stable employment history, no job hoppers
4. EMI/NMI ≤65% – manage existing liabilities
5. SBI salary/pension account – eligibility hinge
6. Use Pre‑approved or RTXC offers for paperless, instant disbursal

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✍️ Conclusion & Call-to-Action

To conclude, SBI’s personal loan scheme—starting at 10.30% p.a., ₹1–35 lakh, tenure up to 7 years—is among the most user-friendly and competitive products available. Existing SBI customers can enjoy hassle-free, digital processing through PAPL or RTXC, while pensioners get flexible, purpose-driven loans under SBI Pension Loan.

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💬 Ready to take action?

• Step 1: Check your pre-approved offer via YONO app or SMS PAPL<space>XXXX.
• Step 2: Estimate your EMI using SBI’s EMI calculator.
• Step 3: Review documents, maintain credit discipline, apply confidently!

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🔁 Frequently Asked Questions (FAQs)

Q1. What is the minimum SBI personal loan amount?
– Rs 1 lakh for salaried RTXC and PAPL schemes.

Q2. Can I get a pre-approved loan if I’m not using SBI YONO?
– Yes, through NetBanking → e‑services → Loans section.

Q3. Are there any tax benefits?
– No, personal loan interest isn’t tax-deductible (unlike home/education loans).

Q4. Can pensioners apply online?
– Yes, on YONO via Pre‑approved Pension Loan; RTXC only for salaried.

Q5. What if I prepay? Any penalty?
– Prepayment allowed; some fees may apply. Check SBI charge sheet.

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✅ Final Word

With competitive interest, flexible tenure, and powerful digital tools, SBI personal loan is your go‑to solution for hassle-free funds. Whether salaried or retired, you can avail it with confidence.

Apply today, empower your goals—and tag us (@jaipurtodaynews) to share how SBI helped you realize them! ☺️SBI personal loan

🏦 Why Choose SBI for Personal Loan?

SBI offers competitive personal loan interest rates starting at 10.30% p.a., making it one of the most affordable personal loans in India. With a loan amount up to ₹35 lakh and repayment tenure of up to 7 years, it’s ideal for people in Jaipur needing fast, reliable funding.
➡️ Apply now through SBI’s official personal loan page 🔗

👉 Want to see other top loan options in Jaipur? Check our latest guide on best banks for personal loans in Jaipur 🔗

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