Skip to content
CredsirCredsir
PSU BankPersonal loan

State Bank of India personal loan interest rate

The advertised floor against the published ceiling — a far wider spread than a secured loan.

The rate

Advertised ratePublished ceilingTermsProcessing fee
10.00%15.30%Up to 6 yearsUp to 1.5%

Data as of 15 Aug 2026Source: Lender rate cards and published comparisons, August 2026Pending issuer verification

State Bank of India advertises from 10.00% and publishes a ceiling of 15.30% for this product — a spread of 5.30%. Where you land is set by your credit band, loan-to-value and income profile, not by negotiation.

How it compares

2nd cheapest of the 8 providers we track, 0.01% above HDFC Bank at 9.99%.

All personal loan rates →All State Bank of India personal loan detail →

Terms change without notice. Confirm the current figures with State Bank of India before you act.