SBI Personal Loan Pre-Closure Fees and Charges If you pre-pay your SBI Personal Loan EMIs in parts or entirely before your original due date, you will need to pay 3% on your prepaid amount. If you close your personal loan account from the proceeds of a new loan that you take under the same loan type, you will not be required to pay any foreclosure or pre-payment ;· Q1. What are the foreclosure charges for SBI personal loan? SBI charges 3% of the prepaid loan principal amount as the foreclosure charges on personal loan. Q2. What is the interest rate for SBI personal loan? The interest rate for SBI personal loan starts from Q3. Does SBI provide personal loan without foreclosure charges?Having an account with SBI is more rewarding now! You can avail Pre-approved Personal loans instantly at your convenience on 24 7 basis through YONO app in just 4 clicks. Presently, this loan is being offered to a category of customers who are pre-selected on certain parameters pre-defined by ;· Charges & Fees in SBI Pre Approved Personal Loan Scheme? Processing Fees – 1% of the loan amount OR it depends on the bank. Pre-Payment Penalty – 3% on prepaid amount. But, if the account is closed from the Proceeds of a new Loan obtained under the same scheme then, Nil Pre-Payment penalty and Foreclosure and Charges. A rate of interest as per existing offer is applicable; A one-time processing fee of 2%, up to a minimum of Rs. 499 and a maximum of Rs. 3,000 will be levied; In case of foreclosure of your Encash booking, a 3% foreclosure fee on the outstanding principal amount will be chargedSBI Personal Loan Preclosure Charges and Benefits of ForeclosureSBI Personal Loan Preclosure Charges and Benefits of ForeclosureSBI State Bank Of India Personal Loan: How To Apply, Prepayment Char…SBI Personal Loan Preclosure Charges and Benefits of Foreclosure(b) Other charges under SBI Car Loan (i) Vahan Search Charges: Rs 50 per instance+GST (d)Cheque /ECS swap charges per instance + GST (ii)Amortization schedule charges per instance+GST. (e) Statement of account charges, monthly free, for duplicate +GST (iii) Pre-payment statement charges +GST20/05/2018 · The processing charges of SBI personal loan are anywhere between two to three percent of the loan amount, with service tax applicable. One can even make the …SBI Apply Online is an alternate channel for our customers, and provides the facility of applying for most of the retail loan products available at our branches. Retail loan products such as Home Loan, Auto Loan, Education Loan and Personal Loan can be applied for through this pre-payment charges for salaried applicants are as follows: 4% of the outstanding principal amount for 13 to 24 months. 5% of the outstanding principal amount for 25 to 36 months. 2% of the outstanding principal amount for more than 36 ;· Loan Foreclosure Charges; Axis Bank: to 24%: No foreclosure and prepayment charge: Bank of Baroda: Nil: Oriental Bank of Commerce: Nil: Punjab National Bank: 16% to Nil: State Bank of India: Nil: United Bank of India: Nil: IIFL Finance: 14% to 18%: Nil: IDFC Bank: - Nil: Lendbox: On application: Nil: i2ifunding: On application: Nil: …

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