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