Some people are not able to meet all the household expenses from their salary, due to which they have to manage their work only by borrowing. But gradually they get trapped in the trap of debt and are unable to repay the money throughout their life. If you also need money, then now SBI Bank is giving a loan of Rs 20 lakh without any guarantor and processing fee. Let us know which documents will be required to take a loan.
New Delhi. Every person needs money at some point in his life. Sometimes there is a sudden big expense in someone’s house for a wedding, illness or child’s education. In such situations, most people ask for help from their friends or relatives. Some people even take salary in advance, but after all this they get into more trouble because either they have to repay the borrowed money all at once or due to deduction of the advance taken on salary, it becomes difficult to meet the monthly household expenses. goes. In such a situation, people get trapped in the trap of loans. But now the country’s largest bank has come up with such an offer in which you will get money and you will not have to get into any kind of trouble. Then you will easily be able to return the money to the bank in installments and that too at a very low interest rate.
Here we are talking about personal loan of State Bank of India (SBI). SBI has brought a special offer of personal loan for salaried people which is till 31 January 2024. The special thing about this offer is that neither you need any guarantor nor the bank will charge any processing fee for giving you the loan. That means, the amount of money you apply for will be given to your account. Let us tell you how much loan you can get and how to apply for it.
You will not need many documents
The bank will not charge you any hidden charges during this period. For this loan, you should have 6 months salary slip, 6 months bank statement, Aadhar card, PAN card, company ID proof. Another great thing about this loan is that you will get it at a reducing interest rate.
How much loan will you get?
According to SBI, to take this loan, your monthly salary should be at least Rs 15 thousand. Your age must be between 21 years to 58 years. The bank will give you a loan ranging from Rs 24 thousand to Rs 20 lakh under this offer. This loan will be given for a period of 1 year to 7 years. However, for this your credit score should be 750 and above.
You will get loan even if you do not have an account in SBI
Even if your salary account is not in SBI Bank, you can easily get this loan. Depending on the bank, you can apply for this loan if you have an account in any bank. For this, you can go to the loan option on the bank’s website and give all your information and after all the necessary actions, the bank will give you the loan within 5 days.
