SBI (or) State Bank of India is offering various types of loans to their customers in different schemes to meet their requirements, Here in this artcle we have listed all the types of SBI loan schemes along with detailed information.
SBI Housing Loan Scheme:
SBI is offering housing loans to construct a house/flat, Buying a house/flat renovation/alteration and extension of an existing house oe even buying a second house.
The SBI is providing home loans upto an amount of 25 lack Indian Rupees at a margin of 20%, The SBI housing loan amount can be repaid in monthly instalments comprising of principlr and interest in maximum period of 15 years.
SBI Car Loan Scheme:
SBI car loans can be availed for purchase of new car/jeep and second-hand car/jeep not more than 3 years old. People can get SBI car loan amount upto 24 times of net monthly salary subject to a maximum loan amount od Rupees 8 lacs. The SBI car loan margin for new cars upto an amount of 4 lakk Rupees is 15% and loans above 4 laks is 20%.
SBI Personal Loan Scheme:
SBI is providing personal loans to meet personal expenses of their customers, e.g., marriages, family function, medical expenses, travel, education, etc. People can avail personal loans from SBI upto a maximum amount of 1.50 lacs and can be repaid in easy monthly instalments.
SBI Education Loan Scheme:
Indian students can borrow SBI education loans for meeting tution and other fess/maintenance of cost/books and equipment, etc. The student in india can also borrow the education loans for pursuing studies including part-time, correspondence, diploma, Navvy/Pilot coureses of recognised schools/colleges/institutions in India and ABroad.
SBI Business loan Scheme:
People who are palnning to start a new business or wannna extend their existing business can grab business loans from SBI or State Bank of India. The SBI Business loan is given upto an amount of 15 lacs and can be repaid in simple monthly installments.
