Pre-approved Pension Loan

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Pre-approved Pension Loans: Instant loan in just 4 clicks
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Having an account with SBI is more rewarding now! You can avail Pre-approved Pension Loan instantly at your convenience on 24*7 basis through YONO app or Internet Banking in just 4 clicks.

Presently, this loan is being offered to a category of customers who are pre-selected on certain parameters pre-defined by us.

Festive Dhamaka: Zero Processing Fee till 31.03.2025. Avail now!

Features

  • Loans up to Rs. 5 lakhs
  • Low Processing Fees
  • Instant Loan Processing & Disbursement in just 4 clicks
  • No physical documentation
  • 24*7 availability through YONO & Internet Banking
  • No branch visit

Eligibility

SMS “PAPL <space><last 4 digits of SBI Savings Bank Account No.>” to 567676 to check your eligibility

Please note that Pre-Approved Pension Loan is an offer to selected customers and not an actual sanction, which will be available only after fulfilment of terms & conditions applicable thereof.


How to Avail

  • Step 1: Login on YONO app or Internet Banking
  • Step 2: Click on PAPL Banner
  • Step 3: Enter PAN details & Date of Birth for validation
  • Step 4: Select Loan Tenure & desired Loan Amount
  • Step 5: Enter OTP -> Amount Credited

Apply Now

Last Updated On : Friday, 03-01-2025

Interest Rates

8.50%* p.a. onwards

w.e.f. 05.04.2024

*T&C Apply.

 

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