SBI Xpress Credit Personal Loan Calculator 2019 – Rates, EMI, Eligibility, Application Status

SBI Xpress Credit Personal loan Application Status online – Find lowest interest rates, documents list, processing fees, repayment options, minimum loan amount, maximum loan amount, foreclosure charges, emi per month.

State bank of India xpress credit loan available for the borrowers – whenever you desire or need, vacation, urgent funds required for medical treatment, Marriage in family, Higher education studies, abroad travels?

Interest Rates 12.45% – 14.95%
Min. Loan AmountRs.24000
Max. Loan Amount24 Times of NMI/ Rs.15 Lakh
Repayment Period5 Years
Processing Fees1% of the Loan Amount + applicable Service Tax
Pre Payment Charges3.00% on prepaid amount
Min. Entry Age21 Years
Min. Net Monthly IncomeRs.7500
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SBI Xpress Personal Loan Interest Rates 2019

Scheme Name Check Off Rate of Interest*

Xpress CreditFull Check-off
(Category I)
330 – 380 bps above 2 year MCLRi.e., 12.45% – 12.95% p.a. currently
Partial Check-off
(Category II)
430 – 480 bps above 2 year MCLRi.e., 13.45% – 13.95% p.a. currently
No Check-off
(Category III)
530 – 580 bps above 2 year MCLRi.e., 14.45% – 14.95% p.a. currently

SBI Xpress Personal Loan EMI Calculator

SBI Xpress loan calculator is a boon for borrowers who are willing to know how much they have to pay per month as emi or how much loan amount they can get from sbi on the basis of net monthly income.

For use the calculator – follow the process

  1. Enter Loan amount, you would like to apply
  2. Enter Interest rates on which you get the loan from bank
  3. Enter repayment period terms.
  4. Click on Calculate
  5. Results will be showed on your inputs by calculator.

Example – 

If a borrowers borrow Rs.2 lakh of personal loan amount for 4 years at 13.50% ROI, In that case calculations are coming –

Monthly EMI – Rs.5415.26
Total Interest Amount – Rs.59932.48
Yearly Interest Amount – Rs.14983.12

Eligible borrowers for Xpress Credit Personal Loans are

1. Central and state Government
2. Quasi-Government
3. Central PSUs
4. Profit making State PSUs
5. Educational Institutions of National Repute
6. Selected Corporates

Provision for 2nd Loan
Second Loan can be taken after 1 year of disbursement of the 1st loan provided the 1st loan has been satisfactorily conducted and is regular at the time of sanction of 2nd Loan. There cannot be more than 2 Xpress Credit Loans standing in the name of a borrower. However this is subject to the overall EMI/NMI ratio of 50%
Margin : Nil
Security : Nil
Third Party Guarantee : Nil

Mobikwik loan interest rates – 60000 personal loan in 60 seconds

Mobikwik giving loan upto 60,000 instantly. Just enter your aadhar card and pan details and get 60000 personal within 90 seconds depends on your net speed. No other documents required.

After approval or credit in your mobikwik wallet, you can transfer all the amount to your bank account (which is used by you to join the mobikwik). – you have to update Bank details then 2/- deducted for confirmation then after loan amount will be credited in bank account.

If you transfer 30000 amount from the approval amount, than you have to pay interest on only the used amount which you can use.

EMI or Repayment Period of Mobikwik loan

  1. available in 3,6,9,12 months emi.
  2. Maximum loan amount is Rs.60000
  3. Approval depends on your credit profile or your pan details.
  4. Interest rates upto 1.92% per month.

Why Boost Loan?

  • Loan approval on the go through mobile app
  • Withdraw any amount at any point from the approved loan amount
  • Instant approval and disbursal
  • Minimal documentation required