SBI Pre approved loan 2023 : There are various mobile applications on the Internet which are providing online loan to their customers without visiting any branch. but many customers are in trouble to believe in these new mobile applications. for this customers, State Bank of India is also providing online loan through mobile application of State Bank of India- YONO. You can ask the SBI Pre approved loan 2023 from this mobile application from the State Bank of India without visiting the branch in few minutes. Read this article to know how to get SBI Pre approved loan 2023 through online mode from Yono application and also check the SBI Pre approved loan 2023 eligibility and other interest rates and fees for SBI personal loan 2023
SBI Pre approved loan 2023
Pre Approved loan is a new feature which is following by many companies and banks to provide loan online to their customers. The bank continuously evaluates the transactions and banking activities of their customers. after that they provide pre approved loan offer to their customers according to their usage and transaction and the eligibility. the loan amount for the customer will vary according to the eligibility but if you are a regular customer of State Bank of India and engaged in transaction activities then it is a good opportunity for you to get SBI Pre Approved personal loan through SBI YONO mobile application in 2023.
SBI Pre Approved Loan Eligibility 2023
The bank has not provided specific SBI PAPL eligibility on the official website but this loan is only provided only their specific customers who have a good banking experience. you can follow the following points to be eligible for SBI Pre Approved Loan 2023:
- The applicant should be Indian citizen only
- age of the candidate should be more than 21 years old
- Applicants should have a regular source of income. if you are a salaried person then Monthly income should be more than 15000 rupees per month.
- The credit score of the candidate should be good for applying SBI personal loan through online mode.
If you do not know about your sbi personal loan eligibility then you can follow this procedure to check your eligibility for SBI Pre Approved Loan:
You need to open the SMS app in your mobile application and type “PAPL<SPACE><last 4 digits of SBI Savings Bank Account No.>” . After this you have to send this sms to 567676 Mobile number. the bank bill send you your eligibility condition on your registered mobile number which is connected with the State Bank of India. you will also receive the notification about the maximum amount which you can apply under SBI Pre approved personal loan 2023.
SBI Pre Approved Loan Apply 2023
The pre approved personal loan sbi application procedure is online which can be done through only SBI YONO mobile application. you can follow this procedures to apply for SBI personal loan online:
- Firstly you have to install the mobile application of SBI YONO from Google Play Store or App store.
- after this you have to SBI Pre Approved Loan login in the application by entering your registered mobile number and other banking details including account number.
- click on the personal loan section in SBI YONO mobile application.
- Now enter on Pre Approved loan link of SBI PAPL banner.
- If you are agree with the proposal of SBI to you then you can click on the apply link by entering your pan card details
- Enter your date of birth and click on the submit button
- The bank will ask you to prepare EMI to repay the loan amount.
- Once you enter your all details you will receive OTP message in your registered mobile number with SBI and you have to enter the OTP for verification.
After this you will receive the loan amount in your bank instantly. The bank will not ask time for the verification purpose.
Features of SBI Pre Approved Loan 2023
This feature is very helpful for SBI regular customers who are using SBI banking for transaction purposes. The bank will charge SBI Pre Approved Loan interest rates from 13% to 15.65% according to the eligibility and the loan features which have selected by the customer. You can ask SBI pre approved loan for 6 months to 6 years according to your eligibility. This is very fast loan providing system where bank will not take any extra minute of their customers and do not call customers in the branch to provide this specific SBI Pre-Approved loan.