State Bank of India Raises Auto, Home Loans Rates

State Bank of India, India's No. 1 lender, has raised auto loans by 25-50 basis points for different tenors and segments, effective from March 5, a spokesman said on Thursday. The State Bank of India has also discontinued its special home loan rate of 8.25 percent for two years, the spokesman said without elaborating.

The State Bank of India will currently charge 8.75 percent for loans up to 3 million rupees, 9 percent for loans of 3 million to 5 million rupees and 9.5 percent for loans over 5 million rupees.

Bad Credit Loans From State Bank of India

I am person who was with very bad credit history, I was now in financial cricis. Can i get loans from state bank of india with my bad credit. Do state bank of india gives loan for the people who are having bad credit, If yes then how to apply them.

I heared that state bank of india charges very high interest rates on loans. Is it true, If not whats the interest rate on personal loans from state bank of india.

Who are eligible to apply state bank of india loans

All the employed and self employed persons who are aged above 21 years and having stable monthly income are eligible to apply state bank of india loans.

Both Indian residents and NRI's are eligible to apply loans from state bank of india. Applicants are eligible to apply all the types of state bank of india loans if earns a minium of 2.5 lakh rupees per annum.

Apply State Bank of India Personal Loans

To apply state bank of india personal loans there are two simple ways for the applicants from the bank.

1) In the first way the applicants must goto the nearest state bank of india branch office to apply the personal loan.

2) In the second way the applicants can apply the personal loan online very simply by visiting the state bank of india official website(www.statebankofindia.com).

I Need State Bank of India Personal loan

I am ravi from india, I was need of money right now for some personal needs. One of my friend told that state bank of india offers personal loans at very low interest rates without any security.

Is state bank of india really providing personal loans without security. If yes then where can i apply the personal loan from state bank of india.

Can an NRI get loans from State Bank of India

I am an NRI who was in need of a loan from state bank of india. I heard a news that State bank of India stopped giving NRI loans, Is it a real news or a fake one. If that news was fake then can i get get state bank of india loans.

State Bank of India Two Wheeler Loans

SBI (or) State Bank of India Two Wheeler Loans provide you bank finance of up to 85% of the on road cost of the bike (motorcycle), mopeds, scooterettes (scooty as it is commonly called) or scooter you want to purchase. State Bank of India Two Wheeler Loans are available in a wide array of options, State Bank of India Two Wheeler Loan suits all your finance requirements with easy repayment options and loan tenure of 6 - 36 months.

State Bank of India offers loans for 2-wheelers from leading two-wheeler manufacturing companies like hero Honda, Bajaj, TVS, HMSI, Hero Motors, Suzuki, Yamaha, Kinetic Honda and Royal Enfield. In case the applicant does not fulfill the required norms individually, he can still avail State Bank of India Two Wheeler finance by making any blood relative your co-applicant.

State Bank of India New Car Loans

State Bank of India gives maximum loan of 90% of the invoice value on new cars. The minimum loan amount is Rs 50000. The loan tenure varies from 12 to 84 months.

The State Bank of India Car loan borrowers can pre-pay the loan amount any time after 6 months of availing of the loan by paying a small prepayment fee on the outstanding loan amount.

State Bank of India Car Loan Features

State Bank of India Car Loan features many benfits to the borrowers. The SBI Car loan Applicant can borrow up to 80% of the value of any car manufactured in India. Flexible repayment options range from 12 to 60 months.

The SBI Car loan Applicant can borrow the amount up to three times of annual salary (for salaried professionals) and six times the annual income (for self employed professionals).

State Bank of India Car Loan Applicant can also get additional amount on existing loans. Existing State Bank of India customers get preference in getting bank approval for Car loans.

State Bank of India Personal loans

State Bank of India Personal Loans are totally flexible.State Bank of India Personal Loans are available for issues like purchase of consumer durables, assets, emergency medical needs, travel, home improvements, holidays, tax saving investments and higher education requirements. The novelty of the scheme is that no securities need to be pledged here.

State Bank of India Personal Loans come with minimal formalities. There are no hidden costs. The interest rates are attractive. Customers need to pay a one time processing fee for it, which is non-refundable in nature.

Customers can also avail of "Balance Transfer Program" from State Bank of India under the personal loan scheme.

Salaried individuals employed in a company's management cadre and aged between 25 years to 70 years can apply for State Bank of India Personal Loans. Self employed professionals like Doctors, Architects and CA's are also eligible for State Bank of India Personal Loans.

However, all State Bank of India Personal Loans are subject to approval by the bank. Based on the Bank's discretion the loan amount here normally varies from Rs. 25,000 to Rs. 10,00,000.

Apart from those mentioned in this article a host of other terms and conditions govern the different categories of loan from State Bank of India.