SBI Special Loan For Salaried Employees Check Features And Apply Here
Features
Loan up to 20 lakhs.
Low interest rates.
Interest on daily reducing balance.
Low processing charges.
Minimal documentation
Zero hidden costs.
Provision for second Loan
No security, no guarantor.
Penal Interest @2% p. m would be charged over and above the applicable interest rate on overdue amount for the period of default.
Prepayment charges of 3% on prepaid amount. No prepayment/ foreclosure charges if account is closed from the proceeds of a new loan account under same scheme.
Minimum repayment period is of 6 months and maximum repayment period is of 6 years or remaining period of service (whichever is lower).
Interest Rate
Click here to check interest rate