What is sbi kavach personal loan scheme |sbi kavach personal loan apply online
What is sbi kavach personal loan scheme
Kavach Personal Loan is a personal loan scheme launched by SBI, it has been launched by SBI in June 2021. This SBI Kavach personal loan has been started for the treatment of people suffering from Coronavirus, under this scheme families suffering from Corona will be given loan at low interest for treatment. This loan will be given to the customer for 60 months at an interest of 8.5% per annum. SBI Kavach Personal Loan will offer loans at much lower interest rates as compared to other personal loans
who can avail Kavach personal loan
This SBI Kavach personal loan can be taken by only those who have become corona positive on or after April 1, 2021 whether it is a salaried person or a non-salaried person
sbi kavach personal loan eligibility
The benefit of SBI Kavach Personal Loan will be available only to those people who are associated with SBI such as SBI customers who are salary account holders in SBI Bank, whose pension comes in SBI Bank, those who do daily to day transactions in SBI and those who are SBI Bank. I have a non-salary account holder, all these people will get the benefit of this scheme.
What is Kavach personal loan amount ?
Under this scheme, any customer can get a loan amount ranging from 25 thousand to 5 lakh for the treatment of his covid.
What is interest on Kavach personal loan
Under SBI Kavach personal loan, this loan will be given to customers for 60 months at an interest rate of 8.5% per annum, customers can take this loan for 5 years.
sbi kavach personal loan documents required
To take this loan, you will need some important documents like, covid-19 treatment docs, PAN Card, Aadhar Card, Form 16 Or ITR, Yr bank account statement, monthly salary slips etc. All these documents you will have to give to take loan.
sbi kavach personal loan apply online
If you have the required documents to apply for SBI kavach Personal Loan such as the COVID-19 positive or treatment report, you can apply for this loan online. With the help of SBI's YONO app, you can apply online. can apply.
sbi Kavach personal loan apply ofline
You can apply for Kavach personal loan at your nearest SBI branch to avail this loan.
Conclusion
We hope that you have learned a lot from this article and any doubts you may have regarding SBI Kavach Personal Loan have been cleared, so if you have any relatives and friends who have had to face hospitalization due to Coronavirus . You can help him financially by telling him about this sbi covid-19 loan scheme.