How to Take Kavach Personal Loan From SBI Banks | SBI Bank Kavach Personal Loan Scheme

If you want to know about How to Take Kavach Personal Loan From SBI Banks then you have come to the right place. In this article, we will give you information about SBI Bank Kavach Personal Loan Scheme, How to Take Kavach Personal Loan From SBI Banks | How to Get Kavach Personal Loan From SBI Banks. Do read the article till the end to get complete information.

Kavach Personal Loan From SBI Bank

How to Take Kavach Personal Loan From SBI Banks


We all have to go through a bad financial situation at some point in our life. In this corona epidemic, many people need money to get corona treatment. 


They spend their entire life's deposits in getting themselves or a family member treated for corona. 


Lower-class people do not even have money for treatment. At such a time, SBI Bank has released SBI Kavach Personal Loan Scheme (SBI Personal Kavach Loan Scheme 2021).


How to apply for SBI Bank Kavach Personal Loan 2021?


You can apply online and offline to take advantage of Kavach Personal Scheme from SBI Bank.


For offline application:


To apply for Kavach Personal Scheme from SBI Bank, you have to visit your nearest branch. You have to fill the form as per the order of the SBI Bank employee. Apart from this, you have to submit the necessary documents. After that, the loan amount will be credited to your bank account within 24 hours.


For Online Application:


To apply for Kavach Personal Scheme from SBI Bank, you have to visit the official website of SBI Bank or you can also use the official mobile application of SBI Bank. You have to fill in the information asked there correctly. This service is available 24×7. The loan amount will be credited to your bank account within a few hours of applying.


Features of taking loan under SBI Bank Kavach Personal Loan 2021


The features of taking a loan from SBI Bank are as follows:


  • You can get the loan from your nearest SBI Bank branch.
  • You can get a loan for a short period.
  • Any subscriber who is salaried, non-salaried, a pensioner can take advantage of this scheme.
  • You do not need to mortgage any property under this scheme to take the loan.

How much loan is provided in SBI Bank Kavach Personal Loan 2021?


According to your eligibility, SBI Bank provides you a loan of a minimum of ₹ 50000 and a maximum of up to ₹ 5 lakh.


What is the interest rate on taking a loan under SBI Bank Kavach Personal Loan 2021?


There is an interest rate of 8.50% on taking a loan from SBI Bank.


For how long a loan is available under SBI Bank Kavach Personal Loan 2021?


You can get a loan from SBI Bank for 60 months.


Documents required to apply for the loan from SBI Bank Kavach Personal Loan 2021?


The documents required to apply for the loan from SBI Bank are as follows:


  • You must have a COVID-19 positive report for yourself or any of your family members.
  • You should have a passbook for your SBI bank account.
  • You must have an Aadhar card.
  • You must have a mobile number.

Conclusion


Hope you got a lot of information from this article. Apart from this, information related to loans and finance will be available clearly.


FAQ -  How to Take Loan From SBI Bank Questions and Answers


Q- What is the main purpose of SBI Kavach Personal Loan 2021?


Ans- The main purpose of SBI Kavach Personal Loan is to take a loan for the treatment of corona for oneself or one's family members.


Q. How much loan is provided in SBI Bank Kavach Personal Loan 2021?


Ans- According to your eligibility, SBI Bank provides you a loan of a minimum of ₹ 50000 and a maximum of up to 5 lakh rupees.


Q. What is the interest rate on taking a loan under SBI Bank Kavach Personal Loan 2021?


Ans- 8.50% off on taking a loan from SBI Bank


Q. How long is the loan available under SBI Bank Kavach Personal Loan 2021?


Ans- You will get 60 months from SBI Bank.


SMALL NOTE - 


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