SBI Xpress Bandhan - Personal Banking
SBI XPRESS BANDHAN
Unsecured Personal Loans to Salaried Employees not maintaining salary account with our Bank
Features
Who can avail
- Employees working with Central/ State Governments/ Defence Establishments, Quasi Government Bodies, PSUs, Educational Institutions of National Repute, Select Rated Corporates.
- Income Requirement: Minimum Gross Monthly Income of Rs.50,000
- NO REQUIREMENT OF MAINTAINING SALARY ACCOUNT WITH SBI
- Type of Facility : Term Loans & Overdraft
- EMI/NMI ratio: Up to 50%
Loan Amount
- Term Loan
Minimum : Rs.25,000/ -
Maximum : 24 times NMI subject to maximum of Rs 15.00 lacs. - Overdraft
Minimum : Rs.5.00 lacs/ - Maximum : 24 times NMI subject to maximum of Rs 15.00 lacs. - Processing Fee : 1% of the Loan amount + Applicable tax.
- Festival Offer : Nil Processing Fee till 30th November 2018 .
- Interest Rate : Refer to the Interest Rate page
- Repayment Period : Upto 60 months or remainder of service, whichever is lower.
- Repayment Mode : NACH/SI
- No hidden costs
Last Updated On : Monday, 26-08-2019

Interest Rates
2.70% p.a.
Upto 1 lakh(w.e.f. 31.05.2020)
2.70% p.a.
Above 1 lakh (w.e.f. 31.05.2020)
2.70% p.a.
Upto 1 lakh (w.e.f. 31.05.2020)
2.70% p.a.
Above 1 lakh (w.e.f. 31.05.2020)
5.45%
3 years to less than 5 year
5.50%
5 years to less than 10 years
Personal Loans Landing Page

Loans to Salaried Employees having salary accounts with SBI

Loans to Salaried Customers not maintaining Salary Account with us

Special Personal Loan for Salaried Customers with Monthly Income of Rs. 1 lakh & above

Digital Loans to Defence/ Government Salary Package customers

Criteria
- Features
- Eligibility
- Terms and Conditions

Interest Rates
2.70% p.a.
Upto 1 lakh(w.e.f. 31.05.2020)
2.70% p.a.
Above 1 lakh (w.e.f. 31.05.2020)
2.70% p.a.
Upto 1 lakh (w.e.f. 31.05.2020)
2.70% p.a.
Above 1 lakh (w.e.f. 31.05.2020)
5.45%
3 years to less than 5 year
5.50%
5 years to less than 10 years