SBT Personal loan Interest Rates – Calculate EMI Online
State Bank of Travancore Personal Loan – Compare online Interest Rates, Documents, Eligibility and Processing Fees of SBT cash / personal loans.
A clean demand loan to meet your short term funds/ financial needs for various purchases/emergent requirements such as marriage, family functions, travel, education, expensive medical treatment, operation etc.
PERSONS ELIGIBLE
- Salaried employees having net monthly income exceeding Rs.5,000/- and maintaining salary account with the bank.
Compare Personal Loan Rates – Eligibility – Process of Top 10 Banks. Check CIBIL score absolutely FREE.
Interest Rates: SBT Personal Loan (Normal,Elite,Corporate)
| Suvidha Loan Term Loan | 12.20% |
| Suvidha Loan Overdraft | 12.70% |
| Personal Loan DL | 12.70% |
| Personal Loan OD | 12.95% |
| Personal Loan for Corporates | 12.45% – 12.95% |
| Personal Loan for Cibil Score < 700 | 13.70% |
| Personal Loan for Cibil score 700 – 800 | 13.45% |
| Personal Loan for Cibil Score > 800 | 13.20% |
AMOUNT OF LOAN
15 times of the net monthly salary / income, Minimum Rs.10,000/- and Maximum Rs.2,00,000/-
MARGIN – NIL
REPAYMENT
6 to 60 months in Equated Monthly Installments.
SECURITY
Primary – Nil
Collateral –
- Equitable Mortgage of property having value not less than 200% of the loan amount. OR
- Third party guarantee of two or more persons of sufficient worth acceptable to the Bank OR
- a) Check off facility with one personal guarantee for loan amount upto Rs.1 lac
b) Check off facility with one or two personal guarantee of sufficient worth for loan amount above Rs.1 lac.
PROCESSING CHARGES
Loans upto Rs.25,000/- = Rs.115/-
Above Rs.25,000/- = Rs.280/-
PAPERS TO BE SUBMITTED TO THE BANK
- Application form (in duplicate) and two passport size photographs
- Proof of income
In the case of salaried persons
- Salary Certificate showing deductions.
- Authorisation to deduct monthly installments from the salary of the employee for credit of the loan account where check-off facility is available.
- Standing instruction to transfer monthly instalments from the salary account.
For mortgage of property
- Original and prior title deeds.
- Latest tax receipts
- Possession Certificate
- Encumbrance certificate for the last 15 years from the Sub-Registrar.
- Valuation report from the banks approved valuator.
Other Available Products of State Bank of Travancore
✓ SBT Home Loan
✓ SBT Housing Loan
✓ SBT Car Loan
✓ SBT Personal Loan
✓ SBT Two Wheeler Loan
✓ SBT Consumer Durable Loans
✓ SBT NRI Car Loans
