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Frequently Asked Questions
How to Apply for Mudra loan? Step 1 : Ensure that the necessary documents are kept ready. The main documents you will require are your ID proof, address proof, and business proof. Step 2 : Approach a lender who is enrolled under the MUDRA scheme and fill up the application form. Step 3 : Submit the necessary documents. Learn more about how to apply Mudra loan through online and offline mode.What are the interest rates for personal loan in SBI?
SBI offers personal loans at interest rates starting at 9.60% p.a. with tenures of up to 7 years. The loan amount ranges from Rs.25,000 to Rs.20 lakh depending on your eligibility. The processing fee ranges up to 1.5% of the loan amount. SBI personal loans are offered to self-employed individuals and salaried individuals as well as those ...