What State Bank of India asks for on personal, home, business, vehicle, education loans - age, income, credit score, amounts, rates and documents - read from its own pages and labelled by how sure we are. Last verified 2 November 2026.
One free check compares your profile with State Bank of India and the other 39 lenders we track. It does not touch your credit score.
How State Bank of India tends to lend (our read): Relationship-gated on the unsecured side, extremely competitive on the secured side. If your salary lands in an SBI account you are in a different product entirely. Lends in: Metro, Tier 2, Tier 3 / other locations.
₹25,000 net per month; ₹20,000 if your salary account is with this lender
Minimum credit score
700 (CIBIL or equivalent)
Employment
Salaried
Work experience (salaried)
6 months with the current employer
Salary account
Required - salary must be credited to this lender
Loan amount
₹1,00,000 to ₹50,00,000
Tenure
6 months to 7 years
Interest rate
10% to 15% p.a.
EMI-to-income limit (FOIR)
About 65% of incomeOur working estimate - lenders rarely publish this
Fees and charges
Processing 1.50% of the loan (minimum Rs 1,000, maximum Rs 15,000) + GST, waived fully for defence and Platinum / Rhodium salary-package customers and halved for government employees or CIC score 800+; penal 2.40% p.a. on the irregular portion up to 60 days and 5% p.a. beyond; no annual maintenance charge.
Documents State Bank of India lists
PAN
Salary slips for the last 6 months
Employer ID / service certificate / contract letter or other proof of employment
Latest ITR / Form 16 where applicable
Salary-account statements for the last 6 months
KYC documents as per SBI customer status
Research notes
For employees with an SBI Salary Package Account, covering central/state government, railways, police, PSU, defence and corporate-sector employees: age 21 to 60 (the loan closes by retirement or 60), at least 6 months' service for government/defence or 12 months for corporate, and Rs 20,000 (government/defence) or Rs 25,000 (corporate) net monthly salary; the engine applies the lower figures, so corporate applicants need 12 months and Rs 25,000. Loans run Rs 1 lakh to Rs 50 lakh over 6 to 84 months, capped at the lower of 65% EMI/NMI and 30 times NMI, at 10.00% to 15.00%. SBI asks only for a 'decent' score under internal policy, so the 700 floor, 750 preferred score and the corporate employer-category limit are our estimates. This page does not mention Real-Time Xpress Credit, so no separate RTXC terms are modelled.
As reported by loan-comparison sites (not confirmed on State Bank of India's own website). See the source card.
Age
18 to 70 years (age when the loan ends)
Minimum income
₹15,000 net per month; self-employed: ₹1,80,000 a year
Minimum credit score
550 (CIBIL or equivalent)
Employment
Salaried or self-employed
Business vintage (self-employed)
3 years in business
Funding (LTV)
Within RBI limits: up to 75-90% of the property value, depending on the loan size
Loan amount
₹3,00,000 to ₹15,00,00,000
Tenure
5 years to 30 years
Interest rate
7.25% to 8.55% p.a.
EMI-to-income limit (FOIR)
About 55% of incomeOur working estimate - lenders rarely publish this
Fees and charges
Processing 0.35% of the loan (minimum Rs 5,000; maximum Rs 15,000 salaried / Rs 18,000 non-salaried) + GST, nil for Privilege and Shaurya; Rs 5,000 + GST for term-loan / Maxgain conversion or a switch to EBLR; no prepayment penalty stated.
Documents State Bank of India lists
Completed application form with passport-size photographs
KYC: none if the SBI savings account is KYC-compliant (address proof if changed, PAN if not on record); otherwise PAN, passport, driving licence or voter ID plus an address proof
Property papers: construction permission, agreement for sale or allotment letter, occupancy certificate, approved plan, and payment receipts to the builder or seller
Last 6 months' statements for all bank accounts, and 1 year's statement for any existing loan
Salaried: last 3 months' salary slips or certificate, and Form 16 or ITRs for the last 2 years
Non-salaried: business address proof, ITRs, balance sheet and P&L for the last 3 years, business licence, Form 16A if applicable, and qualification certificate for professionals
Research notes
SBI's Regular Home Loan page publishes resident Indians aged 18 to 70 at repayment and tenure up to 30 years; the rate card dated 20 May 2026 shows 7.25% to 8.55% (EBLR-linked, plus 0.10% for non-salaried borrowers below CIBIL 825). The income floors, 550 minimum score, 3-year self-employed vintage with 2 years' profit, the 75 ceiling under Privilege / Shaurya and the amount range come from aggregator listings, so the block is tagged market-reported. SBI's FAQ says EMI/NMI runs from 20% to 70% depending on income, so the 55% FOIR is our working estimate.
By ClearToLend's estimate (not a rule State Bank of India publishes). See the source card.
Age
21 to 65 years (age when the loan ends)
Minimum credit score
700 (CIBIL or equivalent)
Business vintage
3 years or more
Annual turnover
₹25,00,000 or more
GST registration
Required
Filed ITR
2 years
Loan amount
₹1,00,000 to ₹5,00,00,000
Tenure
1 year to 7 years
Interest rate
9.5% to 16% p.a.
Research notes
INFERRED. SBI's SME lending is largely collateral-linked and scheme-driven (SME Smart Score, Asset Backed Loan, MUDRA) rather than a single published unsecured programme. Thresholds here approximate the common shape of those schemes and should be treated as an estimate, not policy.
₹25,000 net per month; self-employed: ₹3,00,000 a year
Minimum credit score
650 (CIBIL or equivalent)
Employment
Salaried or self-employed
Vehicles financed
New car, used car
Funding (LTV)
up to 100% of the price (new car)
Tenure
1 year to 7 years
Interest rate
8.4% to 9.35% p.a.
Fees and charges
Processing (fee page updated 1 Oct 2026): salaried Rs 1,000 / Rs 2,000 / Rs 3,000 + GST for loans up to Rs 5 lakh / Rs 10 lakh / above; non-salaried Rs 1,500 / Rs 2,500 / Rs 4,000 + GST; nil prepayment, no foreclosure charge after 2 years (an older MITC shows 2% within 24 months on fixed rate).
Documents State Bank of India lists
KYC: identity and address proof (not needed again for KYC-compliant SBI accounts); PAN if not on SBI's records
Bank statement for the last 6 months (waived for SBI Salary Package customers)
2 passport-size photographs
Salaried: latest salary slip and Form 16 / ITR for the last 2 years (waived after 12 months of SBI salary account)
Non-salaried: audited balance sheet and P&L for 2 years plus business proof
Research notes
SBI's New Car Loan page publishes age 21-70 (read here as at maturity), net annual income Rs 3 lakh for the listed salaried packages and for self-employed / professionals (Rs 25,000/month = 3 lakh / 12; agriculturists Rs 4 lakh), with loans up to 48x net monthly income (salaried) or 4x ITR income, and up to 100% of on-road price over up to 7 years. The 650 floor is the lowest band of SBI's CIC-based car rate grid (8.40% at 800+ to 9.35% at 650-699); the 12-month minimum tenure is our estimate. No business vintage is published. The certified pre-owned car loan is a separate product at 10.45%-15.60%; the rate here is the new-car card.
Student Loan processing nil up to Rs 10 lakh, Rs 5,000 + GST above Rs 10 lakh to Rs 20 lakh, 0.50% (max Rs 25,000) + GST above Rs 20 lakh; Scholar Loan no processing fee; Global Ed-Vantage 0.50% (Rs 10,000 to Rs 50,000) + GST; PM-Vidyalaxmi processing and prepayment nil.
Research notes
SBI Student Loan (India or abroad after securing admission): up to Rs 7.5 lakh with parent/guardian as co-borrower and no collateral or third-party guarantee, tangible collateral above that; margin nil up to Rs 4 lakh then 5% India / 15% abroad; repayment up to 15 years after course plus a 12-month holiday. Ceilings: Student Loan India Rs 30 lakh to Rs 75 lakh by course and NIRF rank (abroad Rs 7.5 lakh), Scholar Loan (premier institutes, List AA/A/B/C) up to Rs 1 crore, Global Ed-Vantage (abroad) above Rs 7.5 lakh to Rs 3 crore, collateral-free to Rs 50 lakh for select institutions; PM-Vidyalaxmi is collateral- and guarantor-free at notified QHEIs (co-borrower mandatory above Rs 75 lakh or for minors), moratorium course + 1 year. Rate is the EBR card of 9 Jun 2026 (6.90% Scholar / PMVL-Utkarsh to 9.90% Student Loan without collateral, dated 6.75% promo excluded), which predates the Oct 2026 repo rise; adjusted +0.25. No student age or co-applicant income floor is published; the 12-month minimum term and Rs 50,000 minimum amount are our estimates.
ClearToLend is not affiliated with or endorsed by State Bank of India. Criteria are taken from public sources as of 2 November 2026 and can change; confirm the current terms with State Bank of India before you apply. A match is not a loan offer or approval.
State Bank of India Loan FAQs
The minimum net monthly income is ₹25,000, according to State Bank of India's own website, as checked on 2 November 2026. Lenders can ask for more depending on your city, employer and existing EMIs.
A credit score of 700 or above, according to State Bank of India's own website. A higher score usually gets a better rate; the lender makes the final call after pulling your report.
You need to be at least 21 and no older than 60 when the loan ends, according to State Bank of India's own website.
Rates run from 10% to 15% a year, according to State Bank of India's own website. Your own rate depends on your credit score, income and employer.
The minimum net monthly income is ₹15,000, as reported by loan-comparison sites (not confirmed on State Bank of India's own website), as checked on 2 November 2026. Lenders can ask for more depending on your city, employer and existing EMIs.
A credit score of 550 or above, as reported by loan-comparison sites (not confirmed on State Bank of India's own website). A higher score usually gets a better rate; the lender makes the final call after pulling your report.
You need to be at least 18 and no older than 70 when the loan ends, as reported by loan-comparison sites (not confirmed on State Bank of India's own website).
Rates run from 7.25% to 8.55% a year, as reported by loan-comparison sites (not confirmed on State Bank of India's own website). Your own rate depends on your credit score, income and employer.
A credit score of 700 or above, by ClearToLend's estimate (not a rule State Bank of India publishes). A higher score usually gets a better rate; the lender makes the final call after pulling your report.
You need to be at least 21 and no older than 65 when the loan ends, by ClearToLend's estimate (not a rule State Bank of India publishes).
Rates run from 9.5% to 16% a year, by ClearToLend's estimate (not a rule State Bank of India publishes). Your own rate depends on your credit score, income and employer.
No. ClearToLend compares your details with State Bank of India's published criteria without pulling your credit report, so nothing is recorded on your CIBIL file. ClearToLend is not affiliated with State Bank of India and does not send your details to it.
