SBI Two Wheeler Loan EMI Interest Rate Apply YONO Eligibility

New Delhi: State Bank of India (SBI) is offering a two-wheeler loan at an EMI of Rs 256 through Rs 10,000. Customers can borrow the pre-approved loan through the SBI YONO app. SBI assured its customers of easy EMIs, easy processing and easy delivery.Also Read – SBI Gold Loan: Check Interest Rate, Key Details

“Get ready for the ride of your dreams! Get a pre-approved SBI Easy Ride loan for your two-wheeler through YONO,” SBI tweeted. Also Read – SBI Navratri, Durga Puja Offers: Car Available, Personal Loans and Gold Loans with No Processing Fee, Check Interest Rates

SBI EMI Loan, Apply, Eligibility

“Having an account with SBI is more rewarding now! You can avail pre-approved two-wheeler loans instantly at your convenience 24/7 through the YONO app with just a few clicks,” SBI said. Also Read – Launch of SBI’s “Kavach Personal Loan” Scheme for Covid Patients. Everything you need to know

“Currently, this loan is offered to a class of clients who are pre-screened on certain parameters predefined by us,” the SBI said.

  • SBI offers 0.20 lakh to 3 lakh for 48 months.
  • The competitive interest rate starts from 10.50% per annum.
  • Customers can qualify for a loan of up to 85% of the vehicle’s on-road price.
  • Customers do not need to visit a branch for loan approval as it will be available 24/7 through YONO.
  • The bank ensured instant disbursement and credit of the loan proceeds to the concessionaire’s account.
  • You can check eligibility by SMS. Text “PA2W” to 567676 to check your eligibility, the State Bank of India said.

SBI Loan Application – Step by Step Guide

  • Step 1: Log in to YONO.
  • Step 2: Click TAP to APPLY on the offer banner.
  • Step 3: Confirm personal details, enter current job details.
  • Step 4: Select the vehicle and dealer of your choice, then enter the dealer price shown on the route of the vehicle.
  • Step 5: Check the details and accept the terms and conditions.
  • Enter OTP -> To complete the loan journey.

Bernadine J. Perkins