The processing fee as published, plus the 18% GST charged on top of it.
Fees
| Charge | As published |
|---|---|
| Processing fee | Up to 1.50% (min ₹1,000, max ₹15,000) + GST |
Updated 17 Sep 2026 · Lender rate pages, checked individually
Where a fee is quoted exclusive of tax, add 18% GST to get what you actually pay. Legal and technical valuation charges, CERSAI registration and any bundled insurance sit outside the processing fee and are quoted separately at sanction.
The fee is only part of the price. The SBI personal loan interest rate page carries the advertised and maximum rates, and the SBI personal loan EMI calculator turns a rate and tenure into a monthly instalment.
How it compares
Joint 5th cheapest of the 8 providers we track, 0.01% above Axis Bank, HDFC Bank, ICICI Bank and IDFC First Bank at 9.99%.
Put that against the full table of personal loan interest rates and our ranking of the best personal loans before you apply. Where you land inside a lender’s range is largely a credit-score question, so it is worth reading how to improve your credit score first.
Terms change without notice. Confirm the current figures with State Bank of India before you act.
Related reading
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SBI Personal Loan Interest Rate Today
SBI advertises from 10.00% on a personal loan and can charge up to 15.30%.
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