SBI Personal Loan Now Just A Call Or Message Away - Viralbake

India’s largest lender, the State Bank of India, to help people get personal loans easily, has launched the Xpress Credit Personal Loan facility. SBI has notified that people who have their salary account with SBI and a minimum monthly income of Rs 15,000 are eligible to apply for Xpress Credit personal loan.

SBI interest rate on fixed deposits
Source – DNA India

All that the perosn needs to do to get a personal loan from SBI is give a missed call or send a message. “All it takes is an SMS, to begin with, your personal loan process. SMS <PERSONAL> on 7208933145,” SBI said in a tweet.


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In another tweet, SBI wrote, “personal loans made convenient! Give a missed call on 7208933142 and get a call bank from us.”

The bank also highlighted some features of the SBI Xpress Credit Card Loan
  • Loan up to Rs 20 lakh.
  • Low-interest rates.
  • Interest on daily reducing balance.
  • Low processing charges.
  • Minimal documentation
  • Zero hidden costs.
  • Provision for the second Loan
  • No security, no guarantor.

SBI has capped the minimum loan account at Rs 25,000 and the maximum loan amount at Rs 20 lakh.

Interest Rate

The interest rate that the SBI Xpress Credit Personal Loan taker will have to pay, however, might be a bummer for many as it has been capped at 9.60%.

Also Read: Looking For An Extra Income? SBI Annuity Deposit Scheme Can Help You

SMS & Missed Call

To apply for SBI Xpress Credit personal loan, give a missed call on this number- 7208933142. To apply for SBI Xpress Credit personal loan, you can also send an SMS by typing PERSONAL on this number -7208933145.


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