Skip to main content
NNaxelona
Personal Loans

Find your best borrow rate, instantly computed.

Compare active lending products, evaluate your obligations debt-to-income (FOIR) limits, and calculate monthly EMIs side-by-side.

State Bank of India

SBI Xpress Credit

Interest rate range: 11.15% – 14.85% p.a. · Processing fee: 1.5% + GST

Eligibility Status
Credit Score
Score: 0
Required: 680+
Annual Income
₹0
Required: ₹2,40,000+
Debt-to-Income (FOIR)
100%
Policy Limit: 55%
Eligibility Status: Unfavorable
• Needs annual income of at least ₹2,40,000
• Needs CIBIL score 680+
• Repayment would push your obligations-to-income ratio to 100%, above the 55% policy limit
Max eligible borrowing limit:₹0
Product Highlights
Instant Eligibility Check
Evaluate approval likelihood on CIBIL and FOIR metrics instantly.
100% Digital Processing
No paperwork needed. Verification is handled securely online.
Flexible Foreclosure Options
Foreclose early or make partial prepayments subject to lender terms.
Swift Fund Disbursement
Approved loans disbursed straight to your verified bank account in 24 hours.

State Bank of India personal loan: rates, fees and eligibility

State Bank of India SBI Xpress Credit offers 11.15%–14.85% p.a. on loans of ₹25,000 to ₹35 lakh over 12–72 months, with a 1.5% processing fee. Eligibility starts at a CIBIL score of 680 and net monthly income of ₹2.4 lakh, with total EMIs capped at roughly 55% of income. The rate you are actually quoted sits inside that band — borrowers at the top of the bureau range and with low existing obligations land nearest 11.15%.

State Bank of India personal loan FAQs

What is the interest rate on a State Bank of India personal loan?

11.15% to 14.85% p.a. on a reducing-balance basis. The rate you are offered depends on your CIBIL score, income stability and existing obligations — 11.15% is typically reserved for pre-approved, prime-bureau borrowers.

How much can I borrow from State Bank of India?

Between ₹25,000 and ₹35 lakh. Your own ceiling is set by FOIR: State Bank of India caps total EMIs at roughly 55% of net monthly income, so existing EMIs reduce what is left for a new loan.

What CIBIL score and income does State Bank of India require?

A CIBIL score of 680+ and net monthly income of at least ₹2.4 lakh. Applicants below either threshold are usually declined outright rather than repriced.

What is the processing fee on a State Bank of India personal loan?

1.5% of the sanctioned amount plus GST, deducted from the disbursal. On a ₹1 lakh loan that is about ₹1,500 before tax — factor it into the effective cost, not just the headline rate.

What tenure options does State Bank of India offer?

12–72 months. A longer tenure lowers the EMI but raises total interest paid; the calculator above shows the principal-versus-interest split for any combination.

Compare all personal loan lenders · Home loans · EMI calculator