When you need urgent financial support, a personal loan can be the best choice. SBI (State Bank of India) Personal Loan is among the most trusted and affordable options in India. With Indicred, you can easily apply online for an SBI personal loan and enjoy fast approval, minimal documentation, and competitive interest rates.
Max. Loan Amount
Up to ₹40L
Rate of Interest
10.49% p.a. onwards
Tenure up to
Up to 5 years
Processing Fee
2% - 8%
✅ Why Choose SBI Personal Loan?
SBI offers personal loans that are reliable, affordable, and accessible to a wide range of customers. Key reasons include:
Quick Loan Approval – Fast processing for emergencies.
Low Interest Rates – Starting from just 10.65% p.a.
Flexible Repayment – Tenure ranging from 12 to 72 months.
Loan Amount – Borrow up to ₹20 lakhs.
Unsecured Loan – No collateral or guarantor required.
Trusted Bank – SBI is India’s largest public sector bank.
📌 Features of SBI Personal Loan with Indicred
Loan Amount – ₹50,000 to ₹20,00,000
Interest Rate – Starting from 10.65% p.a.
Tenure – 1 to 6 years
Processing Fee – Up to 1.50% of loan amount
Prepayment/Foreclosure – Allowed after 12 EMIs (with charges)
Approval Time – As fast as 30 minutes to 24 hours
⚡ Benefits of Applying via Indicred
Applying for an SBI personal loan through Indicred comes with added advantages:
100% Online Application – No branch visits required.
Best Loan Offers – Compare and choose from multiple plans.
Hassle-Free Process – Minimal paperwork and easy steps.
Expert Guidance – Help at every stage of loan processing.
Pan-India Availability – Apply from anywhere in India.
📝 Eligibility Criteria for SBI Personal Loan
The eligibility for an SBI personal loan includes:
Age – 21 to 60 years
Employment – Salaried employees, self-employed, pensioners, or government employees
Minimum Income – ₹15,000 – ₹20,000 monthly (varies by profile)
Work Experience – Minimum 2 years (for salaried)
Credit Score – 700+ preferred
📂 Documents Required
Keep these documents handy for fast approval:
Identity Proof – Aadhaar, PAN, Passport, or Driving License
Address Proof – Utility bills, rental agreement, Aadhaar, or Passport
Income Proof – Latest 3 months’ salary slips, Form 16
Bank Statement – Last 3 to 6 months
💡 How to Apply for HDFC Personal Loan with Indicred?
Visit Indicred.in and navigate to Personal Loan.
Fill out the online form with basic details.
Upload required documents for verification.
Get instant eligibility check & loan offer.
Choose the best loan option and proceed.
Loan disbursal directly to your bank account.
🎯 Why SBI Personal Loan is the Great Choice
Low interest rates compared to private banks
Higher loan tenure flexibility (up to 6 years)
No collateral or guarantor required
Easy online process through Indicred
Trusted by millions of Indians
🏦 Use Cases of SBI Personal Loan
You can use your HDFC personal loan for multiple needs:
Wedding expenses
Medical emergencies
Travel & vacation plans
Education & skill development
Home renovation
Debt consolidation
SBI Personal Loan FAQs
👉 Minimum ₹50,000, depending on eligibility.
👉 With Indicred, you can get instant approval and disbursal within 24 hours
👉 Yes, SBI offers special personal loans for pensioners.
👉 No guarantor is required for most SBI personal loans.
👉 Indicred ensures faster processing, expert help, and best available offers.
Personal Loan Providers
SBI Personal Loan EMI Calculator
EMI Schedule
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Contact us
Office Address
JMD Megapolis Sector 48 Gurgaon
Indicred offers a wide array of financial products including personal loans, instant loans, education loans, home loans, business loans, and car loans. We also provide credit cards, including cashback credit cards, rewards credit cards, and travel credit cards. Whether you're looking for quick access to funds or flexible repayment options, Indicred makes it easy with competitive rates, fast approval, and simple online application. With advanced credit assessments, even those with limited credit history can access the financial solutions they need. Apply now for personalized loan and credit card offers!