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26 Apr 2018

SBI Xpress Credit Personal Loan EMI Calculator May 2018 - Interest Rates, Lowest EMI Online

SBI Xpress Credit Personal Loan May 2018 - Get quick easy and fast approval on State Bank of India (SBI) Xpress Credit Personal Loan. Calculate simply personal loan emi on the basis of Loan Amount, Interest Rate & Tenor with our online calculator.






State Bank of India offers a very attractive interest rate on Xpress Credit Personal Loan @ 12.55% - 15.05%, 2 year MCLR 9.25%, processing fee 1% of the Loan Amount + Service Tax, upto 5 years (60 months) repayment options, no prepayment penalties, NIL Margin, NIL Security & more.


Bank Name : State Bank of India

Product Name : Personal Loan

Product Type : Xpress Credit

Interest Rate : 12.55%-15.05%

MCLR Rate : 8.10% (for 2 years)

Official Website : www.sbi.co.in




For Xpress Credit Personal Loan of State Bank of India an applicant must have to net salary ₹7500 per month and EMI/NMI Ratio should not exceed 50.
Scheme Name Check Off Rate of Interest*
Xpress Credit Full Check-off
(Category I)
330 - 380 bps above 2 year MCLRi.e., 12.55% - 13.05% p.a. currently
Partial Check-off
(Category II)
430 - 480 bps above 2 year MCLRi.e., 13.55% - 14.05% p.a. currently
No Check-off
(Category III)
530 - 580 bps above 2 year MCLRi.e., 14.55% - 15.05% p.a. currently

STATE BANK OF INDIA MCLR effective from 01.01.2018


W.E.F.

TENOR

MCLR (In %)

01.08.2017

Over night

7.75%

01.08.2017

One Month

7.85%

01.08.2017

Three Month

7.90%

01.08.2017

Six Month

7.95%

01.08.2017

One Year

8.00%

01.08.2017

Two Years

8.10%

01.08.2017

Three Years

8.15%

SBI Xpress Credit Personal Loan Calculator - Calculate EMI Online


3 comments:
Write comments
  1. Dear sir/madam,

    I would like to apply for sbi express credit

    ReplyDelete
  2. R/sir/MDM

    I davinder singh saving account holder of Sbi since 2007 . I take Xpress credit loan in 2012 from my pmsp account an amt 300000 and my emi 7500 wef 2012 .tell me new interest rate of Jan 2017 and now can u help how many amount paid by me in future
    as per new interest wef Jan 2017

    Regards,
    davinder

    ReplyDelete
  3. i HAVE TAKEN XPRESS LOAN BUT THE EMI I WAS PAYING WAS INCREASED SUDDENLY SO CAN I BE GUIDED TO UNDERSTAND THE REASON FOR INCREASING THE EMI?

    ReplyDelete