SM TELUGU SPOORTHI

  SBI KAVACH Personal Loan Scheme Purpose : ➡️ For Covid treatment of self or family member who are found Covid Positive on or after 01/04/2021 Features : Channel: ➡️Branch channel ➡️ Digital channel (Pre-approved through YONO) ➡️ Target Group : Customers of the Bank such as Salaried, non-Salaried as well as Pensioners ➡️ Loan facility : Term Loan ➡️ Disbursement : Credit to Salary/ Pension/ SB account of the customer ➡️ CIC (CIBIL CV Score) : As per Bank’s internal policy ➡️ Processing fee : NIL ➡️ Security : NIL ➡️ Pre-payment Penalty : NIL ➡️ Foreclosure Charges : NIL Loan Amount : ➡️ Minimum: Rs. 25,000 & Maximum: Rs. 5 Lakhs as per eligibility ➡️ Reimbursement facility also available through branch channel ➡️ The loan will be over and above the existing loans, if any Loan Tenure :  ➡️ 60 months (including 3 months moratorium) ➡️ Loan to be repaid in 57 EMIs, including interest charged during Moratorium Rate of interest (Fixed) : ➡️ 8.50% at present (minimum 100 bps lo...