Top up facility - You can apply for a renewal of your Personal Loan, after repaying a part of the original Personal Loan obtained by you
You have a choice of fixed or floating interest rates. | Loan protection cover
Your loan will be processed within a maximum of three working days, after submitting the loan application with all required documents.
No guarantors required for professionals. | Easy and convenient application process
Repayment period up to 10 years (The maximum repayment period will depend on your age and remaining years of service.)
Maximum loan amount is flexible, depending on your disposable income, repayment capacity and requirements
You need to be a confirmed employee of an organization (Government/Semi-Government/Reputed Private Sector Institution)
Your regular income/loan installment should be directed to an account at SDB bank
Should be aged between 18 and 60 years (depends on the employment conditions)
Minimum fixed salary should be Rs. 20,000/-, to apply for a Personal Loan.
Documents Needed
A duly completed personal loan application
Employer’s letter of confirmation of employment | Recent salary slips
Employer’s undertaking to remit the salary/loan installment to your SDB bank account
Copy of a recent utility bill showing your name and permanent address or any other supporting document acceptable to the bank