Loan Scheme | SBI Bank | Personal loans, also known as personal loans, are very easily available these days. Various banks offer these types of loans at competitive rates by setting a target of minutes.
In this case, let’s look at the personal loan interest rate in State Bank of India.
State Bank of India
State Bank of India, the country’s largest public sector bank, has fixed the interest rate for personal loans at 11.15 percent.
Accordingly, if you take a loan of Rs.1 lakh with a repayment period of 4 years, the corresponding monthly EMI will be Rs. It will be Rs.2 thousand 592.
Check the loan rates charged by other banks.
| V. No | Bank | debt | Repayment period | Interest Rate (%) |
| 01 | Bank of India | 100000 Rs | 4 years | 10.75% |
| 02 | Bandhan Bank | 100000 Rs | 4 years | 9.47% |
| 03 | Punjab National Bank | 100000 Rs | 4 years | 12.4% |
| 04 | Yes Bank | 100000 Rs | 4 years | 10.99% |
| 05 | IndusInd Bank | 100000 Rs | 4 years | 10.49% |
| 06 | Union Bank of India | 100000 Rs | 4 years | 11.75 % |
| 07 | ICICI Bank | 100000 Rs | 4 years | 10.8 % |
| 08 | Bank of Baroda | 100000 Rs | 4 years | 11.4% |
