State Bank of Bikaner and Jaipur is the leading bank of India that has around 1,000 branches in the overall country. It was found in the year 1963; at that point, the bank of Jaipur was combined with the bank of Bikaner resulting in a well-known entity. But all the issues regarding the functioning of the bank are supervised by the benefits of SBI act.
Bank offers a personal loan to the customer regardless of the needs and requirements. It always supports the customer oriented strategy so that none of the customers will face any of the disappointments. There is a specified benchmark namely MCLR that takes into consideration about all the aspects like CRR, existing fiscal situations, operating costs, repo rate that demonstrates the market circumstances. Per year MCLR is 9.55% of the SBBJ bank which can be changed as per the requirement.
The customer oriented strategy that SBBJ follows is focused on the complete satisfaction that customers should get after obtaining the loan. Some of the advantages offered by SBBJ are-
Multipurpose loans- One personal loan can be provided for various tasks encountering monetary needs, home renovation, grand weddings etc.
High Loan Amount- People can go for an utmost limit of Rs.15 lakhs with the SBBJ loans with the aim that they will never fall in any worst condition. Also, salaried individuals can get 24 times of their income per month as loan amount.
Flexible repayment period- Customers have 60 months duration for clarifying their loan amount.
Quick approval- Bank tries its best level that all the loan applications get approval instantly so that it can be a sigh of relief in individual’s bad time.
Security deposit- Only post-dated cheques are the criteria on which bank offers the loan. No need of security.
Low processing fee- Less fee is charged around 1% of the entire loan amount.
Disclaimer: Information is gathered from secondary sources and meant for reference only. Loanbaba is not a channel partner of State Bank of Bikaner and Jaipur.
I have a Personal Loan with State Bank of Bikaner and Jaipur. The loan disbursement was on time and document procedure was quick. I would say it was a satisfactory experience.
Taking personal loan in Gujrat by State Bank of Bikaner and Jaipur through online portal of loanbaba was after all not a bad idea. This way I could communicate with the State Bank of Bikaner and Jaipur without having to come over to their branch. All by documentation was sorted and I got the loan in decent time.
The State Bank of Bikaner and Jaipur has disbursed the loan amount required and I am satisfied with it. The interest rate and the charges are average.
Personal loan by State Bank of Bikaner and Jaipur was perfect, but the turnaround time is something they can work upon.
Ajeet G. Pathak