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INTERVIEW QUESTIONS
LOAN
PERSONAL LOAN
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Question: I am a railway employee and my monthly income is Rs. 22,000. I need a personal loan of Rs. 4 lakhs and prefer to get it from SBI. Kindly guide me if I am eligible to get one.
Answer: Assuming you have a minimum of 2 years work experience with your current firm, you would be eligible for a maximum loan of Rs. 2,64,000/- According to SBI's personal loan rules, a person is eligible for 12 times of the Net Monthly Income for salaried individuals. Please note that the rate of interest for personal loan in SBI would be 18.5%.
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Personal Loan Interview Questions & Answers -
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Question:
I am a railway employee and my monthly income is Rs. 22,000. I need a personal loan of Rs. 4 lakhs and prefer to get it from SBI. Kindly guide me if I am eligible to get one.
Answer:
Assuming you have a minimum of 2 years work experience with your current firm, you would be eligible for a maximum loan of Rs. 2,64,000/- According to SBI's personal loan rules, a person is eligible for 12 times of the Net Monthly Income for salaried individuals. Please note that the rate of interest for personal loan in SBI would be 18.5%. Source: CoolInterview.com
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