SBI Personal Loan EMI Calculator
Calculate your SBI Xpress Credit personal loan EMI, check CIBIL-tier rates and see the full repayment schedule — pre-filled at SBI's 2026 starting rate of 10.30% for ₹5 lakh.
Starting Rate
10.30%
p.a. (Xpress Credit)
Max Tenure
6 years
salaried borrowers
Processing Fee
1.50%
min ₹500 of loan amount
Product
Xpress Credit
SBI flagship personal loan
Personal Loan Details
Loan Amount
Interest Rate
Tenure
Monthly EMI
₹16,204
for 36 months · 3 years tenure
Principal
₹5.00 L
85.7%
Total Interest
₹83.3 K
14.3%
Total Payment
₹5.83 L
Principal + interest
Interest — Year 1
₹44.6 K
First 12 months
Principal vs Interest
Distribution of your total payment
Principal Interest
Yearly Breakdown
Principal and interest paid each year (first 15)
Amortization Schedule
Total Principal
₹5,00,000
Total Interest
₹83,348
Total Paid
₹5,83,348
| Month | EMI | Principal | Interest |
|---|---|---|---|
| 1 | ₹16,204 | ₹11,912 | ₹4,292 |
| 2 | ₹16,204 | ₹12,015 | ₹4,189 |
| 3 | ₹16,204 | ₹12,118 | ₹4,086 |
| 4 | ₹16,204 | ₹12,222 | ₹3,982 |
| 5 | ₹16,204 | ₹12,327 | ₹3,877 |
| 6 | ₹16,204 | ₹12,433 | ₹3,772 |
| 7 | ₹16,204 | ₹12,539 | ₹3,665 |
| 8 | ₹16,204 | ₹12,647 | ₹3,557 |
| 9 | ₹16,204 | ₹12,755 | ₹3,449 |
| 10 | ₹16,204 | ₹12,865 | ₹3,339 |
| 11 | ₹16,204 | ₹12,975 | ₹3,229 |
| 12 | ₹16,204 | ₹13,087 | ₹3,117 |
Results are indicative only. Actual EMI may vary based on your lender's rounding method, processing date, stub-period interest, and applicable fees. Always verify with your bank or NBFC before making a financial decision. See our disclaimer for full details.
SBI Personal Loan Interest Rates by CIBIL Score (2026)
Rates are indicative as of July 2026 (floating EBLR-linked). Actual rate offered depends on income, employer category, loan amount, and LTV. Verify with State Bank of India before applying.
| CIBIL Score | Interest Rate | Typical Borrower Profile |
|---|---|---|
| 800+ | 10.30% | Prime salaried, Govt/PSU employee |
| 750–799 | 11.00% | Salaried, good credit history |
| 700–749 | 12.50% | Average credit profile |
| Below 700 | 14.00%+ | Higher risk, additional scrutiny |
Why Choose SBI for Personal Loan?
- SBI Xpress Credit: instant personal loan for salaried customers with salary account at SBI — no branch visit required
- Lowest rate among large PSU banks for personal loans — 10.30% for Govt/PSU employees with CIBIL 800+
- No prepayment penalty at any point in the tenure on floating-rate personal loans
- Maximum loan amount up to ₹20 lakh for eligible salaried borrowers
- Minimal documentation for existing SBI salary account holders — pre-approved in minutes via YONO
Frequently Asked Questions
SBI Xpress Credit personal loan rates start at 10.30% p.a. for CIBIL 800+ government or PSU employees with an SBI salary account. Rates go up to 14.85% for average credit profiles. Unlike home loans, personal loan rates at SBI are semi-fixed (not strictly EBLR-linked for most products) and may vary by employer category. Central Govt employees, state government employees, and defence personnel typically receive the most preferential rates.