🏦 SBI Personal Loan EMI Calculator 2025

🏠

Home Loan

8.40–10.5%

🚗

Car Loan

7.99–12%

💳

Personal

10.5–24%

🎓

Education

8.15–15%

Loan Amount

₹

Down Payment optional

₹

Interest Rate

8.50%

Tenure

20 yrs

Processing Fee optional

True Cost (with fee)

Enter % above to see true cost

Processing Fee optional

₹

Monthly Salary take-home

₹

Monthly EMI

—

📅 Tenure Comparison

🏦 Bank Rate Comparison 2025-26

* Indicative rates. Actual depends on credit score and profile.

💰 Prepayment Simulator

Enter any extra monthly payment — see exact interest saved and time cut.

Extra payment per month

₹

Without prepayment—

With prepayment—

⏱ Time saved—

💰 Interest saved —

📊 Payment Breakdown

⭐ CIBIL Score → Interest Rate Guide

Your credit score directly affects the rate you get. Here's what each score range means for your EMI:

💹 Invest While You Repay

Even ₹2,000/month in SIP alongside your EMI builds serious wealth. Start on Groww — India's most trusted platform.

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About This Calculator

SBI personal loans (Xpress Credit, Quick Personal Loan, Pension Loan) are among the most popular in India due to competitive rates and quick disbursement for salary account holders. This calculator is pre-filled with SBI's starting personal loan rate of 11.15% p.a.

SBI personal loans are available for salaried employees, pensioners, and self-employed individuals. Loan amounts range from ₹25,000 to ₹20 lakh for salaried, with tenure up to 6 years.

📊 SBI Personal Loan EMI — Real Example (₹5 Lakh, 5 Years @ 11.15%)

Meet Vikram, 30, a government employee in Jaipur who needs ₹5 lakh for his sister's wedding. He applies for SBI Xpress Credit since his salary account is with SBI.

SBI Personal Loan Type	Rate	EMI (₹5L, 5yr)	Total Interest
Xpress Credit (Salary A/C in SBI)	11.15%	₹10,904	₹1.54 lakh
Xpress Credit (Other bank salary)	12.00%	₹11,122	₹1.67 lakh
SBI Quick Personal Loan (App)	13.00%	₹11,374	₹1.82 lakh
SBI Pension Loan	11.35%	₹10,955	₹1.57 lakh

Key insight: Having a salary account with SBI saves Vikram ~₹218/month (11.15% vs 12.00%). Over 5 years, that's ₹13,000 in savings just from the right bank account choice.

💡 Tips to Get the Best SBI Personal Loan Rate

Maintain salary account with SBI: SBI Xpress Credit is the cheapest personal loan product — only for SBI salary account holders. If you're considering a personal loan, switch salary account to SBI 3+ months before applying.
CIBIL above 750 is essential: SBI's best rates require CIBIL ≥ 750. Below 700, you may not qualify at all. Check your CIBIL score free at CIBIL.com once a year.
Borrow only what you need: Personal loan rates (11–15%) are significantly higher than home loans (8.5%). Only borrow for genuine needs — medical, education, wedding. Avoid using personal loans for speculation or luxury purchases.
Shorter tenure = less total interest: ₹5L at 11.15% for 3 years = EMI ₹16,368, total interest ₹89,248. For 5 years: EMI ₹10,904, total interest ₹1,54,240. You pay ₹65,000 more for lower monthly EMI.
Prepay with bonuses: SBI doesn't charge prepayment penalty on personal loans. If you get a year-end bonus, putting ₹1L towards prepayment can cut 14 months off a 5-year loan.

📋 SBI Personal Loan EMI Table (11.15%, Various Amounts)

Loan Amount	2 Years	3 Years	5 Years
₹1 lakh	₹4,658	₹3,272	₹2,181
₹2 lakh	₹9,316	₹6,545	₹4,362
₹3 lakh	₹13,974	₹9,817	₹6,543
₹5 lakh	₹23,290	₹16,368	₹10,904
₹7 lakh	₹32,606	₹22,916	₹15,266
₹10 lakh	₹46,580	₹32,736	₹21,808

Frequently Asked Questions

What is SBI personal loan interest rate in 2025? ▼

SBI personal loan interest rate starts from 11.15% p.a. for salaried employees with salary account in SBI (Xpress Credit scheme). For other salaried borrowers, rates typically range from 12–14% p.a. Pension loan rates start from 11.35% p.a.

How much personal loan can I get from SBI on ₹30,000 salary? ▼

SBI typically offers personal loans up to 24x your Net Monthly Income (NMI). On ₹30,000 NMI, you could be eligible for up to ₹7.2 lakh, subject to existing EMIs not exceeding 50% of income. The exact amount depends on CIBIL score and employer category.

What is SBI Xpress Credit personal loan? ▼

SBI Xpress Credit is a pre-approved personal loan exclusively for SBI salary account holders. Key advantages: lowest rates (from 11.15%), instant digital disbursement, no physical branch visit needed, and amounts up to ₹20 lakh. Apply via YONO SBI app.

Does SBI charge prepayment penalty on personal loans? ▼

No. SBI does not charge any prepayment penalty (foreclosure charges) on personal loans. You can prepay the entire outstanding amount at any time without any extra cost. This is particularly useful when you receive a bonus or annual increment.

How to apply for SBI personal loan online? ▼

Apply via YONO SBI app (for existing customers with SBI account) or at onlinesbi.sbi.co.in. You'll need PAN, Aadhaar, last 3 salary slips, Form 16, and 6-month bank statement. For Xpress Credit, approval and disbursement can happen within hours.