State Bank of Indore Personal Loan Key Features 2021
| Eligibility Criteria | Details |
| Age | 21 to 58 years <76 (for pensioners) |
| CIBIL Score | Minimum 700 or above |
| State Bank of Indore Personal Loan Interest Rate | 9.99% per annum |
| Lowest EMI per lakh | Rs. 2105 |
| Tenure | 6 to 72 months |
| State Bank of Indore Personal Loan Processing Fee | 1.0% to 2.0% of Loan Amount + GST |
| Prepayment Charges | 3% |
| Part Payment Charges | Not Applicable |
| Minimum Loan Amount | Rs. 24,000 |
| Maximum Loan Amount | Rs. 20 Lakh |
State Bank of Indore Personal Loan Eligibility Criteria
Personal loan eligibility criteria are given below for your assistance:
| CIBIL Score | 700 and Above |
| Age Criteria | 21 – 58 Years <76 (for pensioners) |
| Min Income Criteria | Rs. 15000/month |
| Occupation Criteria | Salaried/Self-employed |
State Bank of Indore Personal Loan Interest Rates and Charges
| State Bank of Indore Personal Loan Interest Rate | 9.99% per annum |
| State Bank of Indore Personal Loan Processing Charges | 1% to 2% of the Loan Amount + GST |
| Prepayment Charges | 3% |
| Stamp Duty | As per state laws |
| Cheque Bounce Charges | As per bank terms |
| Penal Interest | 2% |
| Floating Rate of Interest | Not Applicable |
State Bank of Indore Personal Loan Documents Required
Documents required for a personal loan from the State Bank of Indore:
| Form | Duly filled application form |
| Proof of Identity | Copy of: > Passport > Driving License > Aadhar Card > Voter ID Card |
| Proof of Address | Rent Agreement (Min. 1 year of stay) Utility Bills Passport (Proof of permanent residence) Ration card |
| Proof of Income | > ITR: Last two Assessment years > Salary Slip: Last 6 months > Bank Statement: Last 3 months |
State Bank of Indore Personal Loan EMI Calculator
State Bank of Indore Personal Loan Compared to Other Banks
| Bank | Interest Rate | Tenure | Loan Amount & Proc Fee |
| State Bank of Indore | 9.99% | 6 to 72 months | Up to Rs. 20 lakh / 1% to 2% of Loan Amount |
| HDFC Bank | 11.25% to 21.50% | 12 to 60 months | Up to Rs. 40 lakh / Up to 2.50% of the loan amount |
| Bajaj Finserv | Starting from 12.99% | 12 to 60 months | Up to Rs. 25 lakh / Up to 3.99% of the loan amount |
| Axis Bank | 15.75% to 24% | 12 to 60 months | Rs. 50,000 to Rs. 15 lakh / Up to 2% of the loan amount |
| Citibank | Starting from 10.99% | 12 to 60 months | Up to Rs. 30 lakh / Up to 3% of the loan amount |
| Private Bank | 11.50% to 19.25% | 12 to 60 months | Up to Rs. 20 lakh / Up to 2.25% of the loan amount |
Other Loan Products from State Bank of Indore
Why should you apply for the State Bank of Indore Personal Loan with Dialabank?
- Dialabank helps you choose the best financial products for your needs.
- We provide convenient options for the hassle-free loan process.
- We make sure you get the lowest personal loan interest rates available in the market.
- With Dialabank, you have a trustworthy friend as your financial advisor.
How to Calculate EMIs for State Bank of Indore Personal Loan
You can use the personal loan EMI calculator given below.
State Bank of Indore Personal Loan Processing Time
The personal loan application with the State Bank of Indore can take anywhere between 7 to 14 days. For quick disbursing personal loans, apply with Dialabank, and we do the rest for you.
State Bank of Indore Personal Loan Preclosure Charges
You are allowed to prepay and close your loan with the State Bank of Indore. However, you will be charged a foreclosure fee of 3%.
State Bank of Indore Personal Loan Overdraft Facility
An individual overdraft is a credit office that licenses you to pull out an all-out as and when required. You can, in like manner, reimburse the got out totally at whatever point the condition toward. It is possibly the most favoured credit choices that benefitted from meeting changing individual supporting necessities from this time forward unfounded. Apply for an overdraft office as a Bank for a startling new unforeseen development. The adaptable improvement office has all the goliath highlights of a slight overdraft credit.
Pre Calculated EMI for Personal Loan
Different Personal Loan Plans by State Bank of Indore
State Bank of Indore Marriage Loan
Marriages are no less than a festival for us Indians but also put a strain on our finances. State Bank of Indore helps you manage your wedding expenses through their affordable personal loan schemes.
State Bank of Indore Personal Loan for Government Employees
Government employees can apply for a personal loan with the State Bank of Indore to avail low-interest affordable loans to fulfil their monetary needs.
State Bank of Indore Doctor Loan
If you are a doctor with at least four years of medical practice, you can apply for a personal loan with the State Bank of Indore and fulfil your financial needs.
State Bank of Indore Personal Loan for Pensioners
Retired government officers who have a pension account with the State Bank of Indore can use the personal loan scheme for pensioners to meet their post-retirement expenses.
State Bank of Indore Personal Loan Balance Transfer
State Bank of Indore Personal Loan Balance Transfer lets you transfer your high-interest personal loan from another lender to the bank. The bank pays the loan amount on your behalf and sanctions you for a loan at lower interest rates.
State Bank of Indore Personal Loan Top Up
Personal loan top-up lets you borrow additional money on your existing personal loan without having to re-apply. Instead, you can fill a simple form at Dialabank and let us do the work for you.
State Bank of Indore Personal Loan Status
You can check your loan status by:
- Visiting the branch in person.
- Using the State Bank of Indore’s online platform.
How to Apply for a Personal Loan from State Bank of Indore?
While applying for a State Bank of Indore personal loan online, you can use the Internet for searching and comparing different banks and NBFCs that offer personal loans. After choosing the State Bank of Indore, you can select the right option according to your knowledge and preference. To move ahead in the process, you can visit the website of Dialabank and choose the schemes that suit you.
Dialabank ensures to provide you with the best financial services from significant banks of the country. To be a part of this journey, you had to follow the steps given below:
- First, visit the website of Dialabank.
- Then, go to the personal loan section.
- In the personal loan section, you can apply either as a self-employed individual or a salaried individual.
- Once you fill in all the essential details about yourself, submit the form.
- After form submission, you will have to wait for our representative to call you.
- Eventually, our representative will guide you through the process of the loan.
- You get a loan at an affordable interest rate without moving here and there.
- To know more, you can call on 9878981166.
FAQs About State Bank of Indore Personal Loan
✅ How to apply for State Bank of Indore Personal Loan?
You can apply for a personal loan with the State Bank of Indore either through visiting the nearest branch of the State Bank of Indore or simple form submission with Dialabank. With Dialabank, you get the benefit to apply from anywhere and get your loan approval faster.
✅ What is the Interest Rate for the State Bank of Indore Personal Loan?
The interest rate of the State Bank of Indore is 9.99% per annum for their loan products.
✅ What is the minimum age for getting a Personal Loan from the State Bank of Indore?
You must be at least 21 years old to apply for a personal loan with the State Bank of Indore.
✅ What is the maximum age for getting a Personal Loan from the State Bank of Indore?
The maximum age for getting a personal loan from the State Bank of Indore is 60 years.
✅ What is the minimum loan amount for the State Bank of Indore Personal Loan?
The minimum loan amount for availing a Personal Loan from the State Bank of Indore is Rs 24,000.
✅ What is the maximum loan amount for the State Bank of Indore Personal Loan?
State Bank of Indore lets you take a maximum loan amount of Rs.20 lakhs under the personal loan scheme.
✅ What are the documents required for the State Bank of Indore Personal Loan?
You will require an Aadhaar card/Voter ID, PAN card, salary slips of the last 6 months, the ITR files of the previous two years, and two recently clicked photographs for a personal loan from the State Bank of Indore.
✅ What is the Processing Fee for State Bank of Indore Personal Loan?
State Bank of Indore charges a processing fee of 1% to 2% of the loan amount plus GST for the personal loan.
✅ How to get State Bank of Indore Personal Loan for Self Employed?
State Bank of Indore avail special offers for self-employed borrowers to meet their financial needs. Therefore, you will present the ITR files of the last two years as your income proof.
✅ What is the Maximum Loan Tenure for State Bank of Indore Personal Loan?
The maximum tenure duration for a personal loan from the State Bank of Indore is 72 months.
✅ What should be the CIBIL Score for State Bank of Indore Personal Loan?
It would be best if you had a CIBIL score of at least 700 or above for getting a personal loan from the State Bank of Indore.
✅ Do I have a preapproved offer for the State Bank of Indore Personal Loan?
You can check for your personal loan preapproved offers from the State Bank of Indore with Dialabank. All you have to do is fill the form, and we will check all the recommendations for you and get back to you to help you choose the best one.
✅ How to calculate EMI for State Bank of Indore Personal Loan?
You can use the EMI calculator accessible at Dialabank’s website to calculate your loan EMIs from the State Bank of Indore.
✅ How to pay State Bank of Indore Personal Loan EMI?
Your personal loan EMIs from the State Bank of Indore are automatically take away from your bank account every month. You can also use the net-banking facility of the State Bank of Indore to pay your loan.
✅ How to close State Bank of Indore Personal Loan?
You will pay all the outstanding personal loan amount of your loan and then contact the State Bank of Indore branch to receive your no dues certificate.
✅ How to check State Bank of Indore Personal Loan Status?
You will need to visit the State Bank of Indore branch in-person to know your loan status. On the other hand, you can see Dialabank and fill a simple form to let us do the hard work.
✅ How to close State Bank of Indore Personal Loan Online?
Closing of a personal loan from the State Bank of Indore demands the following steps:
- First, visit the net-banking page of the State Bank of Indore.
- Login with your details.
- Pay for your loan and save the transaction receipt.
✅ How to pay State Bank of Indore Personal Loan EMI Online?
Your loan EMI can be paid through the net-banking facility of the State Bank of Indore. Dialabank lets you compare offers and deals from various banks to choose the best to get a low-EMI personal loan. You have to fill a simple form, and we will do the rest for you.
✅ How to check Personal Loan Balance in State Bank of Indore?
To check the personal loan balance in the State Bank of Indore, you must contact the State Bank of Indore customer care number. On the other hand, if you search for low-interest personal loans, you can visit Dialabank and fill a simple form for Personal Loan Balance Transfer, and we will do the hard work for you.
✅ How to download the State Bank of Indore Personal Loan Statement?
The personal loan statement of State Bank of Indore can be downloaded through the mobile banking app of State Bank of Indore. Moreover, you can visit the online platform of Dialabank and fill a simple form to compare and know about all the offers we have for you.
✅ How to Top Up Personal Loan in State Bank of Indore?
If you require a top-up on your loan from the State Bank of Indore, you will find the bank branch and contact the loan officer. You can also fill a simple form with Dialabank at Personal Loan Top Up and leave the rest to us.
✅ What happens if I don’t pay my State Bank of Indore Personal Loan EMIs?
State Bank of Indore will charge a penal interest if you do not pay your loan EMIs. However, you can apply for a balance transfer using Dialabank to avail yourself of low-interest personal loans.
✅ How to find the State Bank of Indore Personal Loan account number?
You will have to contact your State Bank of Indore loan branch to find your loan account number. Also, please fill out the form available at Dialabank and allow us to do all the work for you.
✅What is the State Bank of Indore personal loan customer care number?
Contact 9878981166 for any queries.
✅What are the State Bank of Indore Personal Loan pre-closure charges?
You are allowed to prepay and close your loan with the State Bank of Indore. However, you will be charged a foreclosure fee of 3%.
✅What is the State Bank of Indore personal loan closure procedure?
- Visit the bank with the complete set of documents (as mentioned above).
- You may be required to fill a form or write a letter requesting the Personal Loan account pre-closure.
- Pay the pre-closure amount.
- Sign the required documents, if any.
- Take acknowledgement of the balance amount you have paid.
✅What is the State Bank of Indore Personal Loan Overdraft Facility?
An individual overdraft is a credit office that licenses you to pull out an all-out as and when required. You can, in like manner, reimburse the got out totally at whatever point the condition is ideal. It is possibly the most favoured credit choices that benefitted from meeting changing individual supporting necessities unbounded from this time forward.
