Friday, May 1, 2020

Emergency loan from SBI in COVID -19 Pandemic

State Bank of India is providing a pre-approved loan to Its Existing Customers.

To help those affected by the Coronavirus pandemic and in need of emergency funds, the State Bank of India introduced  an emergency loan facility.

The emergency loan facility at an interest rate of 7.25% per annum.

  • as it can be availed online, customers can apply for the loan at any time
  • No physical document required for this loan
  • Loan Processing instantly 
  • Processing fees is very low
Who can apply for the emergency loan from SBI?

The loan is not available to everyone.It can only be available by those customers that have already been approved by the bank based on their income and CIBIL Score.

To check if you are eligible for the loan, send the following SMS to 567676 –

“PAPL <space> <last 4 digits of your bank account>”

1 comment:

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