SBI Personal Loan Documents

SBI requires applicants to submit some documents when applying for a personal loan. The SBI personal loan document requirements include the SBI loan application form pdf or hard copy, two passport size photographs, and proof of address, identity and income. The Bank may ask for additional documents from pensioners, salaried individuals and self-employed applicants.


SBI Personal Loan Documents Required

The SBI personal loan documents required are as follows and have to be submitted along with the SBI loan application for a personal loan and two passport size photographs.

Proof of Address:

  • Voter’s ID Card
  • Aadhar Card
  • Property Tax Paid Receipt
  • Property Registration Document
  • Driving Licence
  • Utility Bills
  • Letter issued by NREGA duly signed by an Officer of the State Government containing the name and address.

Photo Identity Proof

  • PAN Card
  • Passport
  • Letter from Employer
  • ID card issued by the Employer
  • Driving License

Income Proof

  • Latest salary slips (3 months)
  • Latest Form 16 and IT Returns
  • Bank account statement showing salary credit for the last 6 months.

Additional documents for Pensioners

  • SBI pension loan application form pdf.
  • Copy of Pension Payment Order
  • Undertaking from the Pensioner that no request will be raised with the Treasury to transfer the pension to any other bank account during the pendency of the loan.
  • Undertaking from the Treasury that it will not accept any request for transfer of pension to any other bank account without NOC from the bank.

Other documents for salaried employees

Other documents required for personal loan in SBI by salaried applicants include: 

  • An irrevocable mandate from the employer for deducting the EMI from the salary of the employee along with an undertaking not to transfer the salary to any other bank account without NOC from the bank.

Also Check: SBI Personal Loan Statement.

Factors Affecting the SBI Personal Loan Eligibility

There are various crucial factors that the bank verifies before coming to a conclusion about your eligibility for the personal loan. The main factors are:

  • Age: The age stipulated to qualify for a personal loan is between 21 years to 60 years. If you are in the productive age group and in the prime of your career you will be more preferred for the personal loan. The reason being a long period of stable income, that ensures recovery of the loan.
  • Credit Score: Credit Score shows your responsibility for financial commitments. A good score signifies your ability to make credit decisions and prompt repayments of the existing commitments that convince the banker that you will make the repayment towards the loan as agreed.
  • Income: The basic requirement for a personal loan is a stable income. Only with a stable income, you will be able to repay the loan as per the agreed terms. The higher the income, the higher will be your eligibility for the personal loan. The length of your work experience is also considered to determine your income stability. If you have been changing jobs frequently it will be difficult to get a personal loan since your income is not stable
  • Status of your employer: If you are employed with Government Organisations /PSUs/Reputed Corporate/Reputed Educational Institutions the bankers view you as a more reliable borrower. The status of your employer is equally important while determining your eligibility for the loan.
  • Relationship with the bank: If you are an existing customer of the bank the chances of approval of the personal loan are brighter the credibility will already be established depending on your past performance. If you have a good track record you can even negotiate on the charges as well as the loan amount.
  • SBI provides pre-approved loans to select customers which can be availed when required by placing a request through net banking. If your track record is good then you might be one of the select customers eligible for the pre-approved loan.
  • Existing commitments: If you have too many existing financial obligations your monthly income will reduce to that extent and managing the proposed EMI will become difficult. So, if you are planning to avail a personal loan, try to close as many short term loans as possible to reduce the monthly outgoings from your income.
  • Accuracy of documents: Make sure the SBI personal loan documents list submitted by you are complete and accurate. Incorrect or incomplete documents can lead to rejection of your loan application.

Additional Info: Also check SBI Net Banking Facility.

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SBI Personal Loan Documents FAQs

✅ What are the documents required for a personal loan in SBI?


The personal loan documents SBI requires include the SBI personal loan form, two passport size photographs, and proof of address, identity and income. If you wish to close your loan before the decided tenure, you will have to submit SBI personal loan closure letter format along with the prepayment charges. The documents requirement may change according to the personal loan type. For example SBI Kavach personal loan documents required can be different from the documents required for SBI xpress credit loan.

✅ Which proof of income is valid for SBI personal loans?

  • Latest salary slips of the last 3 months.
  • Latest Form 16 and Income Tax Returns.
  • Bank account statement showing salary credit for the last 6 months.
  • Pensioners will be required to show the copy of their Pension Payment Order.

✅ What documents are required for SBI xpress credit loan?


Following is the list for SBI xpress credit loan documents required:

  • Duly filled and signed SBI personal loan form pdf or hard copy. 
  • 2 recent passport size photographs are to be submitted along with the Xpress Credit loan application form.
  • Identity proof, such as a copy of Passport, PAN Card, Voter ID, Aadhaar Card, or Driving License (any one).
  • Address proof, such as a copy of Passport, recent Telephone Bill/ Electricity Bill, Property Tax Receipt, or Voter ID Card (any one).
  • A copy of the Identity Card issued by the employer.
  • Bank statements of the recent 6 months of the account where salary is credited.
  • Salary slips of the last 6 months.
  • Income Tax Returns.
  • An irrevocable letter of authority by someone authorised to disburse salary.
  • An irrevocable letter of authority addressed to the disbursing authority.

✅ How can the eligibility of the SBI Personal Loan be improved?


The loan eligibility for the personal loan can be improved by availing the loan in joint names with the spouse. The income of the spouse will be considered for computing the loan eligibility. You can also improve the eligibility by maintaining an excellent credit score (750 or above), repaying your existing debts and credit card dues on time (if any), and showing other means of income.

✅ Which address proof is valid for SBI personal loans?


Any of the following documents is valid for SBI  personal loans:

  • Voter’s ID Card
  • Aadhar Card
  • Property Tax Paid Receipt
  • Property Registration Document
  • Driving Licence
  • Utility Bills
  • Letter issued by NREGA duly signed by an Officer of the State Government containing the name and address.

✅ Can I get Rs. 1 lakh personal loan from SBI without documents?


No. Getting a SBI 1 lakh loan without documents is not possible. The bank requires certain documents to establish your identity and income.

✅What is the procedure for a personal loan from SBI?


SBI Personal Loans are accessible for salaried and independently employed clients who need to meet unexpected monetary necessities. A borrower can take a personal loan from SBI for any budgetary requirements like wedding-related costs, foreign travel, abroad training, well-being-related costs, or other financial costs. The advance comes at alluring loan costs.  

SBI gives you a choice to present your application on the web. You essentially need to visit the website, go to the personal loans segment and fill an online application structure by giving every one of the necessary details asked for in the application form. You need to make the application by tapping on the submit button finally. Moving forward, before the bank accepts your application and starts assessing your profile, the bank specialist will reach out to you for additional loan procedures, if any. In any case, one can likewise visit the closest bank branch to your residence and do the necessary formalities offline:

SBI Personal Loan Application Form Download

If you are interested in benefiting from a personal loan from SBI, your initial step is to fill an application form provided at the bank’s official website. It is compulsory for a candidate to present the necessary documents that are asked for to get the loan handled. Nonetheless, to keep away from long lines in the bank, you should simply download the form from the official SBI bank website. You can visit the site of SBI and can, without much of a stretch, download the application form from that portal. Fill in the necessary details, present the information online, or visit the branch close to your residence to proceed with your loan application. 

SBI Personal Loan Status

The candidate can at any time check the status of the application for the personal loan online. All you need to do is simply sign in to the particular record, and within a couple of moments, you can know the specific status of the loan application online.

SBI Personal Loan Customer Care Contact Number

If you have a few questions regarding your SBI personal loan or need personalised communication, you can contact the bank on their helpline no.: 1800 425 3800. The second you dial this number, the bank specialist will make a point to address every one of your questions and grievances and give you the best arrangement.

✅How can I get a 50000 Personal loan from SBI?


State Bank of India has set some primary qualification standards depending on which it gives you personal loans. Based on your income bracket, the bank provides a maximum credit limit that you can apply for. For instance, if you earn a salary of INR 15,000/- per month, you are eligible to get a credit sum up to INR 3,00,000/-. Check the following factors to see your eligibility before you opt to apply for the SBI personal loan: 

  • Income of the individual
  • Monthly expenses and dispense limit
  • Other Financial Liabilities (existing loans/EMIs, credit card outstanding)


Eligibility Criteria

Minimum Age21 Years
Maximum Age58 Years
Minimum Monthly IncomeINR 15,000
Total Work Experience2 Years
Years in Current Residence

1 Year


✅Can I get a personal loan from SBI if I have an Aadhaar card?


Indeed, you can utilise your Aadhaar Card as a substantial identity and address proof to apply for a personal loan from SBI. However, alongside Aadhaar Card, you additionally need to submit other documents as well. For example, payslip and other documents mentioned above that SBI may require depends on your candidate profile.

✅Do I need to submit my original KYC documents when I apply for an SBI personal loan?


No, you only need to submit the photocopies (typically self-bore witness to) of your KYC document to apply for a personal loan from SBI. SBI needs to cross-check the duplicates with original records when you apply for a personal loan.

✅How can I improve the eligibility criteria to apply for an SBI personal loan?


Here are some things you can do to improve the eligibility of your personal loan at SBI bank:

  • Maintain a high credit score: A credit score is a 3-digit number that mirrors your previous reimbursements. Consequently, the higher the CIBIL score, the higher the shots of being qualified for a personal loan. On the off chance that your CIBIL score is low, you should initially consider further developing it and afterwards applying for a personal loan.
  • Pay your credit card bills and loan EMIs on time: When you cover your credit card bills and advance EMIs on schedule, it demonstrates that you are focused on your accounts, and this works on your qualification for new loans/credit cards later on.
  • Reduce your existing debts: If you have existing obligations through existing personal loans or neglected credit card obligations, it is fitting that you focus on reducing these before applying for new unsecured credit.