Question:

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

by Guest8735  |  12 years, 7 month(s) ago

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I am collecting information regarding State Bank of India. I want to know, How does SBI Personal loan compare with those offered by other banks?

 Tags: banks, compare, Loan, offered, Personal, SBI

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  1. Guest3406
    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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