State financial institution of India is now providing SBI Quick Personal Loan Scheme through CLP portal for all buyer whether or not they’re having wage account with SBI Or not.
Product options
Purpose
Any private goal apart from speculative goal
Eligible Employer
Central & State Government
Quasi Government
Central & State PSUs
Corporates (Private & Public Ltd.)
Educational Institutions of National Repute (Institutions lined below SBI Scholar Loan Scheme & Whitelisted
Institutes below Student Loan Scheme)
Net Monthly Income
Minimum Rs.15,000/-
Loan Amount
Minimum: Rs.24,000/-
Maximum: Rs.20,00,000/- topic to 24 occasions NMI
EMI/ NMI
lower than 50%
Age Limit
21 – 58 years
Repayment Period
Maximum 72 months or residual service interval whichever is much less
Processing Fee
1.50% of the mortgage quantity plus GST (Minimum Rs.1000, Maximum Rs 15000)
CIC Score (CIBIL)
Minimum 670 (CIBIL Credit Vision Score)
Checklist of Documents
Application kind (To be downloaded from CLP & duly signed by buyer)
2-passport dimension pictures
Latest month Salary Slip
Proof of Identity & Current/ Permanent Address, as per Bank’s KYC pointers
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