SBI s Central/State Government and Defense salaried customers will no longer need to visit the branch in order to apply for a personal loan thanks to Real Time Xpress Credit.
Now, consumers who qualify can obtain personal loans up to Rs 35 lakh. The SBI claims that this service would involve eight steps from beginning to end and be entirely paperless and computerised.
Under SBI Real Time Xpress Credit, Central/ State Government and Defence salaried customers of SBI will no longer be required to visit the branch for availing a personal loan. The credit checks, eligibility, sanction & documentation will now be done digitally on SBI YONO app in real-time.