State Bank of India Personal Loan
India's largest bank — trusted PSU pricing with some of the lowest home-loan rates in the market, especially for women borrowers and government employees.
★ Best-in-class rates for salary-account government employees.
SBI Personal Loan at a glance
- Interest rate
- 11.15% – 14.30% p.a.
- Processing fee
- Up to 1.5%
- Maximum amount
- ₹35 Lakh (Xpress Credit)
- Tenure
- 1 – 6 years
Indicative as compiled by QCred; the lender's live schedule prevails. Your rate depends on credit score, income and loan size.
Check your SBI personal loan offer
It takes 2 minutes. This will not affect your credit score.
SBI vs other lenders on personal loan
| Lender | Interest rate | Processing fee | Max amount | |
|---|---|---|---|---|
| HDFC Bank | 10.75% – 21% p.a. | Up to ₹6,500 | ₹40 Lakh | Apply → |
| State Bank of India | 11.15% – 14.30% p.a. | Up to 1.5% | ₹35 Lakh (Xpress Credit) | Apply → |
| ICICI Bank | 10.85% – 16.65% p.a. | Up to 2% | ₹50 Lakh | Apply → |
| Axis Bank | 10.99% – 22% p.a. | Up to 2% | ₹40 Lakh | Apply → |
| Kotak Mahindra Bank | 10.99% – 24% p.a. | Up to 3% | ₹40 Lakh | Apply → |
| Punjab National Bank | 11.40% – 16.80% p.a. | Up to 1% | ₹20 Lakh | Apply → |
| Bank of Baroda | 11.05% – 18.75% p.a. | Up to 2% | ₹20 Lakh | Apply → |
| IDFC FIRST Bank | 10.75% – 25% p.a. | Up to 2% | ₹1 Cr | Apply → |
| Tata Capital | 11.50% – 26% p.a. | Up to 3% | ₹35 Lakh | Apply → |
| Bajaj Finserv | 11% – 32% p.a. | Up to 3.93% | ₹55 Lakh | Apply → |
Eligibility
- Age
- 21 – 60 years
- Employment
- Salaried or self-employed
- Minimum income
- ₹20,000 / month (metro)
- Credit score
- 650+ (700+ for best rates)
Documents required
- PAN card and Aadhaar card
- Last 3 months' salary slips
- Last 3–6 months' bank statements
- Passport-size photograph
State Bank of India Personal Loan FAQs
What is the State Bank of India personal loan interest rate?
State Bank of India personal loan rates currently run 11.15% – 14.30% p.a. depending on your credit score, income profile and loan amount. The processing fee is Up to 1.5%. Rates are revised periodically — QCred confirms the live rate for your profile before you apply.
How much personal loan can I get from State Bank of India?
Up to ₹35 Lakh (Xpress Credit), subject to your repayment capacity (lenders cap total EMIs near half your net income) with tenures of 1 – 6 years. Use our eligibility calculator for a quick estimate.
Should I apply to State Bank of India directly or through QCred?
The rate and product are the same — but through QCred you see how SBI's offer compares against other lenders for your exact profile before committing, and one advisor tracks your file to disbursal. Our service is free; lenders pay us on disbursal.