SBI BANK PERSONAL LOAN HYDERABAD
The SBI gives two types of personal loans in Hyderabad that includes the Xpress Credit loan and SBI pension loan. The Xpress credit loan is the best option for getting finance for a sudden requirement of money for personal needs like vacation, car, medical treatment, and other requirements. The interest rates and processing charges for this loan are very less. Depositing any type of security is not required in the bank. There is minimal documentation for the loan. A person who wants to get the SBI bank personal loan Hyderabad should have a minimum income of five thousand rupees per month. The minimum amount of the loan is five thousand rupees and the maximum amount is fifteen lakhs. A person can repay the loan amount in a period of sixty months or the remaining tenure of service or job.
People who have retired from Central government, State government service, and Defense services can apply for the SBI pension loan. The age of the pensioner should be seventy-six years maximum. There is a nominal processing fee for defence pensioners. The repayment period for central government and state government pensioners is 24-60 months. The repayment period for defense pensioners is 24-84 months. The interest of the SBI bank personal loan Hyderabad starts from 12.45%. The loan is given for a time of five years.