Check your SBI personal loan eligibility. Rate: 11.15 - 14.30% p.a. Max amount: ₹20 L.
State Bank of India offers personal loan at an interest rate of 11.15 - 14.30% p.a. with a maximum tenure of 6 years. The maximum loan amount is ₹20 L with a minimum monthly income requirement of ₹20,000.
| Loan Amount | Monthly EMI | Total Interest | Min Income Required |
|---|---|---|---|
| ₹1 Lakh | ₹3,281 | ₹18,116 | ₹6,981/mo |
| ₹2 Lakh | ₹6,562 | ₹36,232 | ₹13,962/mo |
| ₹3 Lakh | ₹9,843 | ₹54,348 | ₹20,943/mo |
| ₹4 Lakh | ₹13,124 | ₹72,464 | ₹27,924/mo |
| ₹5 Lakh | ₹16,405 | ₹90,580 | ₹34,905/mo |
| ₹7 Lakh | ₹22,967 | ₹1,26,812 | ₹48,866/mo |
| ₹10 Lakh | ₹32,810 | ₹1,81,160 | ₹69,809/mo |
| ₹15 Lakh | ₹49,215 | ₹2,71,740 | ₹1,04,713/mo |
SBI Personal Loan interest rate ranges from 11.15 - 14.30% p.a. in 2026. The actual rate depends on your credit score, income, and loan amount.
SBI offers a maximum personal loan of ₹20 L with a tenure of up to 6 years.
The processing fee for SBI Personal Loan is 1.50% of loan amount + GST.
SBI Personal Loan prepayment policy: 3% of outstanding.
The minimum monthly income required is ₹20,000. Use the calculator above to check your exact eligibility based on your income.