SBI Festive loan Scheme Offers 2020 – SBI’s Festival Loans will have no prepayment charges. Maximum Loan amount of upto 50000.
|Min. Loan amount||Rs.5000|
|Max. Loan amount||Rs.50000|
|Max. Loan Eligibility||4 times of Net monthly Income|
|Processing Fees||Rs. 100|
|Repayment Time||1 Year|
Documents needed for SBI Festival Loan:
- Latest Salary Slip
- Form 16, in the case of salaried persons
- In case of self employed individuals and professionals, IT returns for the last 2 years
- Passport size photograph
- Proof of residence.
- No primary or collateral security is required if check-off facility is available from your employers
- Personal guarantee of the spouse or any other person of adequate worth will be required.