SBI Xpress Credit Personal Loan

State Bank of India

4.2(45,600 reviews)

personal Loan

Floating Rate

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What this means for you

If you borrow ₹5 lakhs for 3 years at 11%, you'll pay about ₹16,370/month. SBI offers zero prepayment charges on floating rate loans — so if you get a bonus, you can pay off early and save on interest. Designed for salaried individuals who hold an SBI salary account.

Interest Rate11% – 15%

per annum

Processing Fee1%

Loan Amount0.5L – 20.0L

Tenure6 mos – 5 yrs

Disbursal Time48 hours

Features

Pre-approved offers via YONO app — check without affecting CIBIL score
Minimal documentation for SBI salary account holders
No processing fee for existing home loan customers
Competitive interest rates for government employees
Flexible repayment options including step-up EMIs
Online application and tracking via YONO app

Eligibility Criteria

Minimum Income2.4L

per annum

Age Range21 – 58 years

Employment Typesalaried

Min. Experience1 year

Min. Credit Score700+

Loan Details

Prepayment ChargesNil for floating rate loans

Part PaymentAllowed

Balance TransferNot Available

Processing Fee1% of loan amount (min ₹1,000, max ₹10,000)

Ready to apply for SBI Xpress Credit Personal Loan?

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Disclaimer: Loan details, interest rates, fees, and features shown on this page are indicative and based on publicly available information. Actual terms, eligibility criteria, and offers may vary. Please verify all details directly with State Bank of India before applying. RupeeLens may receive compensation from lenders when you apply through our links, but this does not affect our editorial ratings or comparisons. Interest rates, processing fees, and other charges are subject to change at the discretion of the lending institution. © 2026 RupeeLens. All rights reserved.

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