Sbi Offers Up To Rs 35 Lakh Instant Loan Via Yono App Eligibility


Sbi Offers Up To Rs 35 Lakh Instant Loan Via Yono App Eligibility

Digital Banking SBI News: To promote digital banking, all the banks in the country are launching new products. This is not only providing convenience to the customers but also getting rid of the hassle of going to the branch. The country’s largest bank SBI recently launched a loan product named Real Time Express Credit (RTXC) on its app YONO. Under this, customers can take a personal loan up to Rs 35 lakh through SBI YONO app. For this, customers will not need to go to the branch. All the work will be done through digital medium sitting at home. This facility has been started for the salaried class.

In a statement issued by SBI, it has been said that the verification of documents and other processes including checking the eligibility of customers taking personal loans under RTXC will be completely digital. This facility of giving personal loan through the app has been started especially keeping in mind the salaried class. Those customers will get more benefit of this, whose salary account is in SBI.

These people can take loan

    • Whose salary account is in SBI.
    • Whose minimum salary is Rs 15,000 per month.
    • Employees of Central and State Governments, employees of Central PSUs and profit making State PSUs, employees of reputed educational institutions of national level, employees of select private companies which have or are not affiliated with the bank can also take advantage of this facility.
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The chairman said this

SBI Chairman Dinesh Khara said that the bank is continuously promoting technology based banking facilities. Real Time Express Credit Loan facility has been introduced to promote digital banking and ease the banking needs of the customers. Along with this, SBI also claims that the bank is giving personal loan at the lowest interest rate. Customers taking loans through this app will not need any security or guarantor.


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