SBI Business Loans ✓ Get Details on Documents ✓ Interest Rates ✓ SBI Business Loan EMI Calculator ✓ Processing Charges on SBI Business loans Online.
एसबीआई बिजनेस ऋण – दस्तावेज़ों पर विवरण प्राप्त करें ब्याज दरें व्यवसाय ऋण ईएमआई कैलक्यूलेटर स्टेट बैंक ऑफ इंडिया व्यवसाय ऋण ऑनलाइन पर प्रसंस्करण शुल्क।
|Interest Rate||11.20% – 16.30%|
|Lowest EMI||Rs. 2,594 per lakh|
|Tenure||1 Year to 4 Years|
|Loan Amount||Min Rs. 500,000 and Max Rs. 1,000,000,000|
|Part Prepayment Charges||Nil Prepayment Charges after 6 EMI’s|
|Early Foreclosure Charges||Nil Prepayment Charges after 6 EMI’s|
SBI Advantage on Business Loans:
- Low interest rates. Further, SBI will charge interest on a daily reducing balance!
- Low processing charges; only 2%-3% of loan amount
- No hidden costs or administrative charges.
- No security required ……which means minimal documentation…something that you had always wanted.
- No prepayment penalties. Reduce your interest burden and optimally utilize your surplus funds by prepaying the loan (1% of the loan amount will be charged if you repay the loan before 6 months)
- Long repayment period of up to 48 months.
The loan will be granted for any legitimate purpose whatsoever (e.g. expenses for domestic or foreign travel, medical treatment of self or a family member, meeting any financial liability, such as marriage of son/daughter, defraying educational expenses of wards, meeting margins for purchase of assets etc.)
You are eligible if you are a Salaried individual, self employed engineer, doctor, architect, chartered accountant, or a MBA with minimum 2 years experience.
Your personal loan limit would be determined by your income and repayment capacity.
- Rs.24,000/- is offered in metros and urban centres.
- Rs.10,000/- in rural/semi-urban centres
Maximum : 12 times Net Monthly Income for salaried individuals and pensioners subject to a ceiling of Rs.10 lacs in all centres
Important documents to be furnished while opening a Personal Loan Account:
- For existing bank customers(only) Passport size photograph
The loan is repayable in 48 EMI. You are allowed to pay more than the EMI if you wish to, without attracting any prepayment penalty.
Security – NIL
Processing charges are 2-3% of the loan amount. This is amongst the lowest fees in the industry. Processing fees have to be paid upfront. There are no hidden costs or other administrative charges.
Other Products from SBI (State bank of India)
- SBI Personal Loan
- SBI Home Loan
- SBI Car Loan
- SBI Credit Card
- SBI Property Loan
- SBI Two Wheeler Loan
- SBI Education Loan
- SBI Fixed Deposit Rates
- SBI Gold Loan
Source: State Bank of India Official Website
Submit your review
Business loan required, how can i apply for it.
Loan 500000 required, how can i get
I want loan for rice business newly start and what type of requirement for loan apply
Two lakh loan amount required.
sir business loan chahiye, kaise milega.
Mobile repair and Shop
sir i wanna start to footwear shop i need 5 lakh rupees loan to startup businesses
I need business loan for salon purpose could you please help me out what all documents and eligibility to apply
Business loan required how can i apply
Mobile recharge and other business planning for help in.
I want to business loan for enlarging business
Proposal of fly Ash brks plant.I am existing savings account holder needs
needs 25laks business lone..
I am vipin Kumar singh, required business loan,
Sir m an existing savings account holder' needs 200000 business loan..plz help me ...
Sir I needed business loan 1000000
Sir I needed business Lon 500000
I need loan for business expansion
Sir I needed business loan upto 300000..
I need this loan for business, I have diploma electrical engg. and 3 yaer experience in electrical work so pls request to you for loan.
Sir please help me I want money very urgent because my business has destroyed so please help me to improve my business
I need a 2lac for by new machines . Can you help me?
ஓட்டுநர் பயிற்ச்சி பள்ளி ஆரம்பிக்க 150000 (1.5 லட்சம் ) தேவை.
mujhe gas agency start karne k liye loan chahiye document all ready
process of sbi business loan.
Business loan required how much i can get.
Sir I want loan status bussness for gro engineering workshop so I need 700000 rps for startup bussness so What is the prosses
Need 10 lakhs of loan to start the paper bag business
Need 5 lakhs of loan to start the garment business. Need to know the procedure
I have already my own retail business.
But I want to stand my business 2000000 I have required
Thanks with best regards