What is SBI KAVACH Personal Loan Scheme:
Who can avail the loan - This scheme is for salaried as well as non-salaried customers along with pensioners and their family members who have been found Covid-19 positive on or after April 1, 2021
Documents required for availing the loan:
Loan facility – Term loan
Loan amount:
Interest rate – SBI is offering this loan to the customers at cheapest interest rate of 8.5%
Loan tenure – 60 months (including moratorium of 3 months)
Where to apply for this loan:
Processing fee – This loan can be availed with zero processing fee. The bank has also waived-off the foreclosure charges and pre-payment penalty for customers
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