State Bank of India

SBI Personal Loan

Interest from

11.45%

p.a. reducing

Loan amount

₹25K – ₹35 L

no collateral

6–72 moTenure

1.5%Processing fee

Check Your Offer →Compare View full details

OTP-verified soft check · won’t affect your credit score · DPDP-consented

Calculate your EMI

Move the sliders to see monthly EMI, total interest, and total cost of this loan.

Loan amount₹5,00,000

Tenure3 years

Interest rate11.45%

Your actual rate depends on your credit profile, income, and employer category.

Monthly EMI

₹16,476

Total interest

₹93,140

Total payment

₹5,93,140

Processing fee (1.5%)

₹7,500

Total cost of this loan

✨ interest + processing fee

₹1,00,640

Interest Rate11.45% – 14.60%Floating

Max Amount₹35 Lfrom ₹25K

Tenure6 mo – 6 yrs

Processing Fee1.5%₹1K – ₹15K

✓ Best for

SBI salary-account holders — pre-approved Xpress Credit disburses through YONO in seconds, with the cheapest PSU rates outside specialised pension/Jawan schemes.

⚠ Not ideal for

New-to-SBI salaried applicants under ₹25K — corporate-segment threshold blocks the lowest tier.

Key highlights

Pre-approved for existing SBI customers
No collateral required
Flexible tenure up to 6 years
Balance transfer facility

Total cost of this loan

For a ₹5 L loan over 3 yrs at 11.45% — your best-case scenario.

Monthly EMI: ₹16,476
Total interest: ₹93,140
Processing fee (1.5%): ₹7,500
Total cost: ₹1,00,640

You repay ₹6,00,640 for ₹5,00,000 borrowed.

Customize amount, tenure & rate in the EMI calculator above ↑

Rate and prepayment

This is a floating-rate loan. No prepayment penalty — you can foreclose or pre-pay any amount at any time, free of charge (RBI mandate for floating-rate individual loans).

Compare State Bank of India with other personal loan lenders

Data verified — last updated April 2026

Compare with other lenders →

About State Bank of India

Type: Bank
Established: 1955
Headquarters: Mumbai
Rating:4.0/5

India’s largest public-sector bank. EBLR 7.90% (repo 5.25 + 2.65 spread) effective 01-Apr-2026; home loans from 7.50%, Xpress Credit personal from 11.45%, auto from 8.70%.

Visit State Bank of India website