SBI Personal Loan: Online vs. Branch, What to Expect

• SBI offers personal loans (unsecured) with different categories for salaried, government employees, and self-employed individuals.
• Online application is faster for existing SBI customers with updated KYC and a straightforward financial profile.
• Branch application provides personalized assistance, suitable for first-time borrowers or complex income situations, though it may take longer.
• Standard documents like Aadhaar, PAN, salary slips, or IT returns are required; consistency across documents is crucial.
• Interest rates vary based on credit score, income stability, and employment, with prepayment clauses needing careful review.

Why It Matters: SBI personal loans prioritize certainty over speed, offering options for online or branch applications based on borrower preference.