SBI Personal Loan - Check Personal Loan features, eligibility, interest rates and application process. Know how to get instant approval in minutes. Example of EMI calculation on personal loan : If the principal amount is Rs. 1 Lakh with a rate of interest of 10% and tenure of 5 years, the EMI will be calculated as – [1,00,000 X 10 X (1+10) ^5]/ [ (1+10) ^ 5-1] = 2,124. The EMIs you will be liable to pay is Rs. 2,124. SBI Personal Loan Amortisation Schedule Say, you have taken a loan of Rs 10 Lakh for a period of 10 years or 120 months. The interest rate is fixed at 12% every year. The following is the amortization schedule. SBI Personal Loan State Bank of India offers personal loans of up to Rs. 35 lakh at an interest rate starting at 10.05% p.a. and for a tenure of up to 7 years. The bank also offers loans to pensionholders for a tenure of up to 6 years. Select existing customers of State Bank of India can also apply for SBI Pre-approved Personal Loan online through SBI YONO app. Compare various loan offers at Paisabazaar and apply for the best-suited personal loan to get instant approval. SBI Personal Loan Interest Rates in 2025 State Bank of India ( SBI ) continues to offer competitive interest rates on its various personal loan schemes, catering to diverse financial needs. Below are the different personal loan products offered by SBI , along with their respective interest rate ranges:
