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28 Feb 2018

SBI Festival Loan - Interest Rate, Loan EMI, Fees, Eligibility, Documents

SBI Festival Loan - SBIMONEY.IN provides you details on State Bank of India (SBI) Festival Loan on the premise of ✓ Loan Amount ✓ Interest Rate ✓ Loan Repayment (Tenor) ✓ Customer Profile ✓ Salary ✓ Credibility ✓ Documents & more.




State Bank of India offers festival loan on the occasion of Indian festivals such like ☞ Holi ☞ Diwali ☞ Christmas ☞ New Year ☞ Eid etc. A very nominal processing fee of Rs.100 per application is required to be paid.


Sr. No
FESTIVAL LOAN DETAILS

1.
Bank/Lender Name State Bank of India

2.
Prodcut Description Festival Loan

3.
Number of Branches in India 15969

4.
Toll Free Number/Customer Care 1800 11 2211 (toll-free), 1800 425 3800 (toll-free) or 080-26599990

5.
Contact EMAIL customercare@sbi.co.in

6.
Official Website www.sbi.co.in
The festival loan limit would be on the basis of customer income repayment capacity. The bank offers Rs. 5000 amount of Loan and maximum amount of the loan is 4 times your Net Monthly Income, with a ceiling of Rs.50,000/- and repayable in up to 12 equated monthly installments (EMIs).

The scheme closest to this scheme is Personal Loan offered by other banks. Our Festival Loan scheme is better than Personal Loan scheme offered by other banks as under;

☞ There is total transparency with regard to the rate of interest and the fees charged by us.

☞ We offer lowest rates of interest

☞ Festival Loan scheme allows you to prepay your loan without any prepayment penalty. This helps you reduce interest burden on the account.

☞ We levy interest based on daily/monthly reducing balance, unlike the annual reducing balance method used by several other banks.

CALCULATE STATE BANK OF INDIA FESTIVAL LOAN EMI ONLINE


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