GOOD NEWS for SBI customers! KAVACH against COVID-19 with personal loan for coronavirus treatment at lowest interest rate - check all details here
The SBI has introduced the KAVACH personal loan in order to provide aid to the SBI customers and their family members for treatment against COVID-19.
SBI KAVACH Personal Loan: The COVID-19 pandemic has impacted the lives of the people in some way or the other. Amidst such a scenario, the State Bank of India (SBI) has brought some good news for its customers. The SBI has introduced the KAVACH personal loan in order to provide aid to the SBI customers and their family members for treatment against COVID-19. With the introduction of this KAVACH personal loan, there is a relief for the SBI customers as it is assured that they will get the support from their bank for treatment against this COVID-19 infection. The SBI customers can also visit bank.sbi or call at 1800 11 2211 for details on the loan.
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Recently, the largest public sector bank in the country has tweeted from its official Twitter handle, "Introducing KAVACH Personal Loan by SBI. As the nation battles this dreadful virus, we are providing financial aid to you and your family members for Covid treatment."
Introducing KAVACH Personal Loan by SBI. As the nation battles this dreadful virus, we are providing financial aid to you and your family members for Covid treatment. Know more: https://t.co/uoc6MvHp7u#InThisTogether #SBIAapkeSaath #SBI #StateBankOfIndia #KavachPersonalLoan pic.twitter.com/oHSiEIRO5T
— State Bank of India (@TheOfficialSBI) June 13, 2021
The SBI customers must note that the KAVACH personal loan is available for COVID-19 treatment at the lowest interest rate of 8.50 per cent per annum. In order to avail this loan, an SBI customer must keep certain things in mind. The customer can take a loan under KAVACH up to a maximum amount of Rs 5 lakh. The repayment of the loan should be done within 60 months that includes the three months of moratorium. Also, for availing this loan, one has to present the COVID-19 positive report.
As per the SBI website, one must note that the purpose of this loan is for COVID-19 treatment of self or family member who are found COVID-19 Positive on or after April 1, 2021. The target group for this loan include the salaried, non-salaried, as well as the pensioners who are customers of the bank.
For further details related to the KAVACH personal loan, one can login to the official website of SBI at bank.sbi or call at 1800 11 2211.
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