How to apply for an SBI personal loan in 2025 — online & offline methods explained
Looking to finance a personal goal, emergency, or purchase? SBI offers personal loans with both online and offline application options, making it accessible for everyone—from tech-savvy borrowers to those who prefer in-person banking. With updated interest rates and simplified processes in 2025, here's everything you need to know about how to apply for an SBI personal loan smoothly and quickly.
SBI loan process Be it a medical emergency, renovation at home, or an incident that changes your life, you can avail a loan with the amount you need—when you need it. State Bank of India (SBI) has made potential borrowers apply for a personal loan online or in a branch. With new interest rates and an easy process in 2025, here is how you can apply for an SBI personal loan with ease.
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1. Go online on SBI website or YONO app You can make an online application through SBI's web portal or YONO mobile app. On the app, log in to the 'Loan' page, select 'Personal Loan', enter your details, and submit. If you are pre-approved for a loan, you can receive the funds immediately. On the web portal, you need to fill a detailed application form, upload documents, and perform online verification.
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2. Offline process: Visit the SBI branch near you If you are more comfortable speaking to someone face-to-face, you can go to any SBI branch. There, you need to fill up the loan application form and submit documents like Aadhaar, PAN, salary slips, and bank statements. Once your eligibility is checked, the loan is usually sanctioned and credited within 2 to 3 working days. This facility can be utilized if you want to opt for personal counselling during submission of application.
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3. SBI personal loan interest rates in 2025 As of July 2025, SBI personal loan interest ranges from 10.30% to 15.30% per year depending on the credit score of the borrower, employer category, and income. Government employees and pre-approved customers are availed of special schemes of low rates. The tenure of the loan ranges from 1 to 6 years, and the loan amount ranges from ₹25,000 to ₹20 lakh depending on your eligibility.
4. Charges and fees you should know SBI also charges a processing fee of up to 1.5% of the loan amount, along with GST. This fee can be exempted if you are pre-approved and taking the loan via the YONO app. The bank will also charge an extra 3% foreclosure fee for fixed loans if you close the loan early. Go over these terms carefully in your loan agreement prior to signing.
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5. Eligibility and documents To be eligible to take a loan, you need to be 21 to 58 years old, have a steady income, and ideally should have a salary account with SBI. A minimum of ₹15,000-₹25,000 per month income is generally required. You will need your Aadhaar and PAN cards, recent salary receipts, bank statements, and proof of employment as part of the checklist to submit to your bank. If you are a pensioner, you can benefit from special schemes offered based on your income cycle.
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Use wisely and remain current SBI personal loans have the advantage of flexibility, lower interest rates, and speedy sanctioning if you just so happen to be pre-approved. Whatever you choose - the convenience of online filing or the security of going to a branch - just make sure that your credit record is fine and documents are in place. Preparation pays the price of reaching money quickly and loans with ease being managed.
