How does SBI Personal loan compare with those offered by other banks?

1 ANSWERS

1. Guest22773963
   

   There is total transparency with regard to the rate of interest and the fees charged by us. - We offer personal loans at the cheapest rates of interest, with no security or collateral - We offer loans for the longest tenors (48 months), with the flexibility provided to reduce the tenor by prepaying the loan without any penalty. - We provide finance for any personal need or requirement, the total amount being determined on the basis of repaying capacity. - With an SBI personal loan you can choose between fixed rates of interest and floating interest rates. - We levy interest based on daily/monthly reducing balance, unlike the annual reducing balance method used by several other banks.

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