SBI Personal Loan, Interest Rate and EMI Calculator April 2017

 

(Updated on 01.04.17) SBI Personal Loan EMI Calculator April 2017 Get Instant Quick & Easy Approval on SBI Personal Loan. Loansninsurances.com provide a simple tool to calculate your Personal Loan EMI on the basis of ✓ Interest Rate ✓ Loan Tenure ✓ Processing Fee ✓ Eligibility ✓ Best Offers & more.

SBI Personal Loan Interest Rate

Interest Rate

11.90% – 12.45% (Varies according to loan products)

Processing fee range 2% – 3% of the loan amount + Service Tax (SBI Saral Personal Loan), 1% of the loan amount + Service tax (SBI Xpress Credit Personal Loan), 0.50% of the loan amount + Service Tax subject to Minimum of Rs. 500/- (For SBI Pension Loan)
Loan Amount Min. of Rs. 10,000 to 15 lacs (varies according to Personal Loan products)
Tenure 48 months to 60 months (varies according to Personal Loan products)

SBI PERSONAL LOAN – QUICK, EASY & INSTANT APPROVAL ONLINE

Professional Details
Loan Amount
Occupation
Yearly Income
City
Disclaimer: We do not provide Personal Loans but help you to connect with banks to get best deals.
All loans are on sole discretion on the respective banks

SBI Personal Loan

SBI Personal Loan, one of the people’s widely acknowledged personal loans, has varied and attractive Personal Loan Products (SBI Saral Personal Loan, SBI Xpress Credit Personal Loan, SBI Pension Loan) to meet distinctive requirements for every borrower such as salaried, self-employed and working professionals. SBI Personal Loan Eligibility Calculator is the best way to know your eligibility for different SBI Personal Loan products which you can avail at your earliest. SBI Personal loan schemes offer Personal Loan at low-interest rates, minimum processing fees, no pre-payment penalties, and lots more to help customers to support their genuine requirements (from marriage to honeymoon, from education to medical expenses).

State Bank of India also offers multifarious SBI Home Loan and SBI Car Loan at existing interest rates to help each & every class of people (from Urban to Rural) to fulfill their dreams.

SBI Personal Loan Schemes

1) SBI Saral Personal Loan

  • A Salaried individual of good quality corporate, a self-employed engineer, doctor, architect, chartered accountant, MBA with minimum 2 years standing are eligible for this loan.

Loan Quantum: Min. Rs.24,000/- in metro and urban centers and Rs.10,000/- in rural/semi-urban centers. Max. Rs. 10 lakhs for centers,

  • Processing charges are 2% – 3% of the loan amount + applicable Service Tax

  • 3% pre-payment charges

  • Nill Security.

  • The loan is repayable in 48 EMIs.

2) SBI Xpress Credit Personal Loan

  • Central & State Government employees, Quasi-Government, Central PSUs, Profit making State PSUs, Educational Institutions of National Repute & Selected Corporates can also avail SBI Personal Loan.

  • Loan amount: Minimum: Rs.24,000/-

         Maximum: 24 times NMI subject to a maximum of Rs 15.00 lacs.

  • SBI Xpress Credit repayment period is minimum 6 months and maximum 60 months.

  • Processing fee is 1% of the Loan Amount + applicable Service Tax

  • 3% pre-payment charges on SBI personal loan.

  • No security needed to avail this loan.

  • Interest Rates: 11.90% onwards.

3) SBI Pension Loan

  • Central or State Government or Defence pensioner drawing pension through one of the SBI branches and are not more than 76 years of age can avail SBI Pension loan to meet personal expenses.

  • SBI pension loan amount: Min. 25 lakhs to Max. Rs. 14 lakhs

  • Processing Fess: 0.50% of the Loan Amount + Applicable ST subject to Minimum of Rs. 500/- + applicable ST and NIL for Defence Pensioners.

  • SBI pension loan pre-payment Charge is 3% of loan amount.

  • No prepayment/ foreclosure charges will be applicable if the account is closed from the proceeds of a new loan account opened under the same scheme. 

SBI Personal Loan EMI Calculator

SBI Personal Loan EMI Calculator

Fill Loan Amount, Interest rate & Tenure in Fields & get Instant Calculation on Personal loan EMI within seconds.
Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
 
Monthly EMI
Total Amount with Interest
Flat Interest Rate PA
Flat Interest Rate PM
Total Interest Amount
Yearly Interest Amount

SBI Personal Loan Eligibility

  • SBi personal Loan for Salaried employees, pensioners of central/state government/armed forces,

  • Self-employed businessmen and professionals with a regular source of income are eligible to avail SBI Personal Loan.

  • Central or State Government or Defence pensioner drawing your pension through one of our branches and are not more than 76 years of age can also avail Personal Loan.

  • Central & State Government employees, Quasi-Government, Central PSUs, Profit making State PSUs, Educational Institutions of National Repute & Selected Corporates are also eligible for SBI personal loan.

  • Pensioners of Armed Forces, including Army, Navy and Air Force, Paramilitary Forces (CRPF, CISF, BSF, ITBP, etc.), Coast Guards, Rashtriya Rifles and Assam Rifles whose Pension Payment Order gets disbursed through SBI.

  • Quantum of personal loan varies from according to SBI Personal Loan Products.

SBI Personal Loan Documents Required

  • Application form with 1 photograph is required for SBI Personal Loan.

  • Passport / Voters ID card/ Driving License/PAN card/Aadhar Card/ Person of Indian Origin card Identity proof

  • Valid Passport/Voter’s ID card/Ration Card as Address Proo.

  • Latest IT Return/Original Letter from Company.

  • PAN Card, Passport copy as Age proof.

  • PAN Card, Driver’s License, Passport copy, Banker’s attestation of Bank Account Statement as signature proof.

  • Electricity Bill, Water Bill, Sales Deed, Receipt of Tax paid as Ownership Proof.

  • Last 3 months’ payslips and Form 16 as Income proof.

  • Last 6 months bank account statements.

SBI Personal Loan Prepayments

  • No pre-payment/ Pre-closure penalty will be levied for SBI Personal Loan.

  • Reduce your interest burden and optimally utilize your surplus funds by prepaying SBI Personal.

SBI Personal loan EMI Table

SBI personal loan EMI Table for a loan amount of Rs. 5,00,000 for 5 years at the interest rate of 12.45% p.a., the lowest EMI comes out as Rs. 11,236. To know the EMIs for all the years, see the table given below:

Personal Loan Amount (Rs)

Interest Rate

(%p.a)

Loan Tenure

(yrs)

Monthly Installments (EMI)

Total Interest Amount

Total Amount (Principal + Interest)

Rs. 5,00,000

12.45

1

44,530

34,357

5,34,357

Rs. 5,00,000

12.45

2

23,642

67,407

5,67,407

Rs. 5,00,000

12.45

3

16,715

1,01,734

6,01,734

Rs. 5,00,000

12.45

4

13,278

1,37,328

6,37,328

Rs. 5,00,000

12.45

5

11,236

1,74,175

6,74,175

SBI Amortization Table

If you need around Rs 5,00,000 , you can apply for SBI Personal Loan at 12.45% p.a. interest rate for 5 years. Below is the amortization table for the same.

  1. Year

    Principal (Rs)

    Interest (Rs)

    Balance Amt (Rs)

    1

    76,870

    57,926

    4,23,130

    2

    87,005

    47,827

    3,36,125

    3

    98,477

    36,355

    2,37,648

    4

    1,11,462

    23,370

    1,26,186

    5

    1,26,302

    8,672

    0

    SBI Personal loan MCLR

    Tenor

    MCLR

    Overnight

    7.75

    One Month

    7.85

    Three Month

    7.90

    Six Month

    7.95

    One Year

    8.00

    Two Year

    8.10

    Three Year

    8.15

    SBI Personal loan Application

    You can apply for SBI personal loan online through loansninsurances.com. Login to the registration page and enter the required details. Both existing and new customers can apply for the personal loan.

    SBI Personal loan FAQs

    Q1) What is the maximum loan tenure of SBI personal loan?

    The maximum loan tenure of SBI personal loan is 60 months.

    Q2) Can an applicant choose between fixed or floating interest rate?

    Yes, an applicant has the option to avail SBI personal loan with either a fixed interest rate or floating rate.

    Q3) Does the borrower has the option to prepay the loan amount?

    Yes, the borrower has the option to prepay SBI personal loan amount without any prepayment penalty.

    Q4) Do an applicant needs to provide security to apply for SBI personal loan?

    No security is required to apply for SBI personal loan.

LIST OF SBI BRANCHES FOR PERSONAL LOAN IN DELHI
Contact Address IFSC Code MICR Code
State Bank of India, Zakir Nagar,New Delhi,Delhi,Pin – 110025 SBIN0008079 110002155
Yamuna Vihar,C1,BY,5,A,Yamuna,Vihar,Delhi,Dist Delhi 110053 SBIN0011558 110002479
D 212, Vivek Vihar,Dist Delhi, Delhi,110092 SBIN0011559 110002480
7/67, Main Road,Vishwas Nagar,Delhi, Dist: Shadra Delhi – 110032 SBIN0013762 110002338
R93.Masood.Pur,Vasant.Kunj,New.Delhi,Delhi,Pin.110070. SBIN0008524 110002191
State Bank of India, Vasant Kunj, New.Delhi Delhi110070 SBIN0011562 110002474
State Bank of India, FUI, Uttari Pitampura,Delhi 110088 SBIN0013209 NA
State Bank of India, Plot No.81516109 Uttam Nagar New Delhi 110059 SBIN0001679 110002153
State Bank of India, Gurdwara.Santpura,New.Delhi,Pin.110018 SBIN0001551 110002125
State Bank of India, Tis Hazari Court Complex New Delhi SBIN0000726 110002126
State Bank of India, 9 Rajdhani Enclave, Delhi ,Pin – 110092 SBIN0007085 110002152
State Bank of India, B Block, Sultanpuri, N Delhi Pin 110041 SBIN0004846 110002123
State Bank of India, Govind Ashram, 1St Floorg.T.Road, Shahdara,Delhi , Pin – 110032 SBIN0009316 110002202
11 Parliament Street,New Delhi , Dist: Delhi-110001 SBIN0013405 110002328
A5,Ring Road,South Extension Part I, Delhi, Dist:Delhi110049 SBIN0013913 110002788
Agarwal Fun City Mall , First Floor, Cbd Shahdra, Delhi – 110092 SBIN0015811 NA
Plot No. 3, Psp Institutional Area, Sec. 14 Ext. Rohni Delhi SBIN0030432 110005012
Plot No 51, Sector 12 B, Dwarka, Distt. Delhi.New Delhi- 110075 SBIN0016531 NA
96-A Kamla Nagar Delhi Dist Delhi, Delhi 110007 SBIN0001420 110002148
LIST OF SBI BRANCHES FOR PERSONAL LOAN IN MUMBAI
Contact Address IFSC Code MICR Code
1st Floor, Madhuli Bldg., A.B.Road, Shivsagar Estate, Worli, Mumbai. Maharashtra-400018. SBIN0016574 NA
Shop No. 4 & 5, Manisha Heights, Balrajeshwar Road, Vaishali Nagar, Mulund West, Mumbai – 400080 SBIN0015149 NA
1st Floor, Madhuli Bldg., A.B.Road, Shivsagar Estate, Worli, Mumbai. Maharashtra-400018. SBIN0016574 NA
E Square, Ground Floor,Subhash Road,Vile Parle(East),Mumbai,Dist.Mumbai.Maharashtra-400057 SBIN0017610 NA
Sterling Centre, Dr. Annie Basant Road, Worli, Mumbai, Maharashtra – 400030 SBIN0030150 400005004
Station Road Vile Parle (W),Prime Business Park,Ville Parle,Mumbai,Distt.Mumbai.Maharashtra-400056 SBIN0017415 NA
Ashok Silk Mills Compound, 1St Floor, Lbs Marg, Ghatkopar West, Mumbai – 400086 SBIN0014185 NA
Voltas House Ist Floor Dr Babasaheb Ambedkar Road Chinchpokli East Mumbai Maharashtra – 400033 SBIN0017889 NA
Gyan Sagar Buld., R.B.S.K. Bole Road, Dadar (W) Mumbai SBIN0030355 400005009
Plot No. 1,Hotel Bahri Residency,Sion Trombay Road, Chembur, Dist:Mumbai, Maharashtra: 400071 SBIN0016228 NA
Vision House, 14-D, Bombay Co-Op. Indl. Estate, Narayan Nagar, N.S.S.Road, Ghatkopar (West), Mumbai-400086 SBIN0016879 NA
Mumbai (Thane-Nashik) Zone -Iv, Madhuli Building, Shivsagar Estate, Dr. A.B.Road, Worli, Mumbai. Maharashtra- 400 018 SBIN0016517 NA
Gold Seal Compound,Subhash Nagar,Near Ceat Tyre,Village Road,Nahur West,Mumbai.Maharashtra-400078 SBIN0017611 NA
LIST OF SBI BRANCHES FOR PERSONAL LOAN IN CHENNAI
Contact Address IFSC Code MICR Code
State Bank of India, Chennai State Tamilnadu Pin 600001 SBIN0006205 600002779
World Univ Ser Cent Chennai Chetpet Chennai City, 600031 SBIN0002288 600002061
2728,Woods Road,Br Complex,Mount Road Branch,Pbno 4823,Chennai 600002 SBIN0060312 600002160
West.Velacherry,R50,Tnhb.Main.Road,West.Velachery,Chennai,600042 SBIN0011733 600002155
New No 123,Walajah Road, Chennai, Tamil Nadu-600002 SBIN0016556 NA
No.147,Dr. Basant Road,Triplicane,Chennai,Chennai – 600005 SBIN0003275 600002059
42-43, East Mada Street Villivakkam, Chennai Citypin – 600049 SBIN0007108 600002058
33,Evk Sampath Road, Chennai Vepery, Citypin – 600007 SBIN0007107 600002057
R.J.Mansion,71,Arcot.Road,Vellore,Tamilnadu,Pin.632004. SBIN0001618 632002010
37A,Velachery Main Rd,Velachery,Chennai,Tamilnadu – 600042 SBIN0007993 600002085
61, Radhae Shyam Complex, Vanagaram Ambattur Salai, Vanaaram, Chennai. Tamil Nadu-600095 SBIN0016561 NA
Balakrishna, Road, Valmiki, Nagar, Tiruvanmiyur, Chennai – 600041 SBIN0011721 600002157
No 4 Banal Banktaramani ,Chennai ,Pin – 600113 SBIN0004285 600002105
P.B.No.1003,M.Prakasam Rd,Thyagarayanagar,Chennai SBIN0001020 600002054
Josier.Street,Nungambakkam,Chennai34 SBIN0011738 600002153
No-64, S.R.P Koil Street, Peravallur,Chennai Tamil Nadu – 600082 SBIN0016283 NA
440,T T K Road,Alwarpet,Chennai,Tamil Nadu 600018 SBIN0011719 600002164
31,Bunder Street,Chennai Govindappa Naicken St.Chennai City, Tamilnadu 600001 SBIN0001017 600002051
Manidweep,31 Chevalier Sivaji Ganesan Road,Tnagar, Chennai 600017 SBIN0012750 600002174
84, Rajaji Salai,,Chennai SBIN0013241 NA
199,Mth Road, Padi, Chennai Tiruvallur, Tn 600050 SBIN0004032 600002102
LIST OF SBI BRANCHES FOR PERSONAL LOAN IN PUNE
Contact Address IFSC Code MICR Code
Zonal Office, Zone-Ii, Sharda Chambers, 386/2, Shankarsheth Road, Distt. Pune. Maharashtra-411037 SBIN0016518 NA
State Bank of India, Dist Pune state Maharashtra – 411001 SBIN0006859 411002743
State Bank of India, 3rd Floor,Tara Chamber, Pune, Maharashtra – 411003 SBIN0008760 400002416
Hermes Center, Shop No. 11G, 11H, 11 I, Shastri Nagar, Pune, Distt.Pune. Maharashtra-411006 SBIN0017345 NA
Survey No 62, Opp Hotel Abhiruchi, Sinhgad Road, Vadgaon Budruk,Pune – 411041 SBIN0011490 411002064
Lotus Erina, S.No. 50/7, Vadgaonsheri-Kharadi Road, Vadgaonsheri, Distt.Pune. Maharashtra-411014 SBIN0016818 NA
1154 Shivajinagar, Veer Chaphekar Chowk Near Police Parade Ground Pune – 411016 SBIN0007339 411002016
B.S.Bhavan, Pmt Bldg., 5Th Floor, Deccan Gymkhana, Pune-411004 SBIN0009016 411002001
Rcpc Administrative Office, 386/2 Sharda Centre,4 Th Floor Shankarsheth Road,Pune-411037 SBIN0015143 NA
State Bank of India, 83/1,Sarang Society,Sahakar Nagar No.2,Pune 411009 SBIN0011782 411002072
Bhigwan Road Sbi Baramati Dist -Pune,Pin-413 102 SBIN0013997 413002777
Ravet,Gala No.2 To 8,Sector 29,Plot No.Sdc-2,Akurdi,Ravet Pradhikaran,Pune. Maharashtra-412101 SBIN0017292 NA
Icon Tower SS No114 Part 115 Partplot B Baner Roadghorpade Peth Baner, Pune, Maharashtra – 411045 SBIN0017910 NA
Matrix B,G 5,World Trade Centre Tower No.1,Kharadi Road,Ground Floor,Kharadi Pune,Maharashtra 411014 SBIN0016816 NA
Plot No.2, S.No.4270 B,Oppo. Darshan Hall, Pimipri Chinchwad Link Road, Chinchwad, Pune, Dist:Pune-411033 SBIN0015706 NA
Opp. Chinchwad Police Stn, Mumbai Pune Road, Tal Haveli Pune, Distt. Pune 411019 SBIN0005951 411002013
Near Sangam Bridge, Pune Pin 411005 SBIN0010431 411002060
S.No.143 Surya House Opplokmat Bhavan Dhyari Talhaveli Pune Distt.Pune. Maharashtra411041 SBIN0017878 NA
Karve Road, Erandavana, Pune, Maharashtra 411004 SBIN0004618 411002010
LIST OF SBI BRANCHES FOR PERSONAL LOAN IN COIMBATORE
Contact Address IFSC Code MICR Code
1420B, Sathy Main Road, Ganapathy, Dist: Coimbatore, Tamil Nadu – 641006 SBIN0017674 NA
2/131A, Kunda Main Road, Velliankadu, Coimbatore – 641104 SBIN0014254 NA
S.F.No.633, Opp.To Lakshmi ,Kalyana, Mandapam,Coimbatore Pin – 641605 SBIN0009314 641002107
1 By 1, Sf No 69 By 2Mariamman Koil St, Veerakeralam, Coimbatore, Tamil Nadu SBIN0010618 641002031
No.747,Sarvodaya Sangh Bldg.,Marudamalai Main Road, ,Coimbatore, Tamilnadu ,Pin – 641041 SBIN0005740 641002012
17 Old Kangeyam Road Uthukuli Rs Uthukuli Distttirupur Tamilnadu 638752 SBIN0017605 NA
State Bank of India, Dist Coimbatore state, Tamilnadu – 641018 SBIN0005008 641002092
P.O. No.4012, Dr. Nanjappa Rd., Coimbatore – 641018, Tamilnadu SBIN0009958 641002001
1112, Raja Plaza, Avinashi Road, Coimbatore, Distt. Coimbatore. Tamil Nadu-641037 SBIN0016454 NA
Kurinji Complex,State Bank Road,Coimbatore – 641018 SBIN0010042 SBIN0013845
Zonal Office, State Bank Road, Coimbatore – 641018 SBIN0013844 NA
P.B.No.4201,Via.Periyanaickenpalayam,17,Mettupalayam.Road.Pin.641020 SBIN0001541 641002004
SF No 407 By 1 Part,Thadagam Road,Edayarpalayam,Coimbatore 641025 SBIN0012244 641002036
State Bank of India, Thadagam Road Coimbatore Tamil Nadu 641013 SBIN0010432 641002027
37, Sf No. 14 & 16, East Car Street,Karamadai (Po), Pin 641025, Coimbatore District, Tamilnadu-641025 SBIN0013437 641002041
Bazaar Street,Kinathukadavu,Pollachi Taluk,Coimbatore District 641109 SBIN0012656 641002666
Nehru Avenue,Bharathiar Road,Maniakarampalayam,Dis, Coimbatore – 641006 SBIN0012778 641002040
212A, Karamadai Rd., Ems Complex, Mettupalayam, Tamilnadu – 641305 SBIN0001384 641002034

SBI PERSONAL LOAN TRENDS APRIL 2017

User searches for SBI Personal Loan Apply up +130% in past week – 14.10.2016
User searches for SBI Personal Loan Apply Online up +80% in past week – 14.11.2016
User searches for Personal Loan Interest Rates in SBI up +60% in past week – 14.12.2016
User searches for SBI Online Personal Loan up +50% in past week – 14.01.2017
User searches for SBI Personal Loan Rate up +90% in past week – 27.02.2017
User searches for SBI Emi Calculator up +100% in past week – 15.03.2017
User searches for SBI Personal Loan Eligibility Calculator up +40% in past week – 30.03.2017