If you are in urgent need of money in an emergency and are an SBI customer, you can now get a pre-approved personal loan from this bank in just four clicks. This service is available round the clock. That is, if you need money at any time of the day or night, then you can apply in this way of personal loan…
Step 1: First login to YONO app
Step-2: Click on Avail Now
Step-3: Choose the loan amount and tenor
Step-4: Enter the OTP received on the registered mobile number
Who will get this loan
For who can get the loan, SMS “PAPL<space>” to 567676 and check your eligibility.
How much is interest and what are its features
- Loan Lowest Interest Rate Starting From 9.60%
- Festive Offer: 100% discount on processing charges till 31st Jan 2022. That means no fee will be charged.
- Loan processing and money in your account in just 4 clicks
- No physical documents needed for this
- 24\7 availability through YONO
- No need to even go to the bank branch.
Last month, SBI launched ‘SBI Easy Ride’, a pre-approved two-wheeler loan on YONO. This loan can also be availed through end-to-end paperless process through YONO App without visiting the bank branch.