SBI, PNB and Bank of Baroda: Get a Personal Loan up to ₹2 Lakh from December 10, 2025 – Apply Online from Home
In today’s fast-paced life, financial needs can arise at any moment—medical emergencies, wedding expenses, education fees, travel plans, or even consolidating existing debts. To address such requirements, India’s leading public sector banks—State Bank of India (SBI), Punjab National Bank (PNB), and Bank of Baroda (BoB)—are offering personal loans of up to ₹2 lakh, with a simple online application process that can be completed from the comfort of your home.
Punjab National Bank Personal Loan Hindi: PNB पर्सनल लोन ऑनलाइन अप्लाई करें
Starting December 10, 2025, eligible customers can apply digitally without visiting a branch, making personal loans more accessible, faster, and hassle-free than ever before. This article explains everything you need to know—features, eligibility, interest rates, application steps, and tips to increase approval chances.
Get a personal loan of up to ₹2 lakh from SBI, PNB, and Bank of Baroda starting December 10, 2025. Apply online from home with minimal documentation, competitive interest rates, and quick approval.
Why Choose a Personal Loan from SBI, PNB, or Bank of Baroda?
Public sector banks are trusted by millions of Indians for their transparency, security, and customer-friendly policies. Choosing a personal loan from SBI, PNB, or BoB comes with several advantages:
- Competitive interest rates compared to many private lenders
- No collateral required, making it accessible to salaried and self-employed individuals
- Flexible repayment tenure, usually ranging from 12 to 60 months
- Online application and quick approval, reducing paperwork
- Wide branch network and digital support, ensuring easy assistance
With loan amounts up to ₹2 lakh, these personal loans are ideal for small to medium financial needs.
Key Features of the ₹2 Lakh Personal Loan
Here are the common features you can expect across SBI, PNB, and Bank of Baroda personal loan schemes:
- Loan Amount: ₹25,000 to ₹2,00,000
- Interest Rate: Starts from around 10.5% per annum (varies by bank, credit score, and applicant profile)
- Loan Tenure: 1 year to 5 years
- Processing Fee: Minimal or zero for select customers
- Disbursement: Directly credited to your bank account
- Application Mode: Fully online from home
Eligibility Criteria (General Guidelines)
While each bank has its own detailed eligibility rules, the general criteria include:
- Age: 21 to 60 years
- Employment Type: Salaried employees, pensioners, and self-employed professionals (depending on bank scheme)
- Minimum Income: ₹15,000 to ₹25,000 per month (varies by bank and city)
- Credit Score: 650 or above is preferred for faster approval
- Employment Stability: At least 1–2 years of work experience
Existing account holders of SBI, PNB, or Bank of Baroda may enjoy relaxed eligibility norms and faster processing.
Documents Required
Applying online reduces paperwork, but you will still need to upload or verify basic documents:
- Aadhaar Card
- PAN Card
- Address proof
- Salary slips or income proof (last 3–6 months)
- Bank statements (if required)
Some banks may offer pre-approved personal loans, where minimal documentation is needed.
How to Apply Online from Home (Step-by-Step)
Applying for a personal loan online is simple and user-friendly. Here’s a general process followed by SBI, PNB, and Bank of Baroda:
- Visit the official website of the respective bank
- Navigate to the Personal Loan section
- Click on Apply Online
- Enter basic details such as name, mobile number, income, and employment type
- Upload required documents or complete digital verification
- Submit the application
- Receive approval status via SMS or email
- Upon approval, the loan amount is credited to your account
The entire process can be completed in 15–30 minutes, depending on document verification.
Interest Rates and EMI Example
Interest rates depend on your credit profile, income, and bank relationship. Below is a sample EMI calculation:
- Loan Amount: ₹2,00,000
- Interest Rate: 11% per annum
- Tenure: 36 months
Approximate EMI: ₹6,550 per month
You can use the EMI calculator available on each bank’s website for exact figures.
Benefits of Applying Online
Applying for a personal loan online from SBI, PNB, or Bank of Baroda offers multiple benefits:
- No need to visit a branch
- Faster approval and disbursement
- Transparent terms and conditions
- Secure digital process
- Real-time application tracking
For working professionals and busy individuals, online loans save both time and effort.
Tips to Get Quick Approval
To increase your chances of approval and get better interest rates:
- Maintain a good credit score (above 700 if possible)
- Ensure stable income and employment history
- Avoid applying for multiple loans simultaneously
- Keep all documents ready and accurate
- Prefer the bank where you already hold a salary or savings account
Final Thoughts
With rising expenses and evolving lifestyles, personal loans have become an essential financial tool. The ₹2 lakh personal loan offered by SBI, PNB, and Bank of Baroda from December 10, 2025, provides a reliable, affordable, and convenient solution for meeting short-term financial needs.
The ability to apply online from home, combined with competitive interest rates and trusted banking support, makes these public sector banks an excellent choice for borrowers across India. Before applying, compare interest rates, check eligibility, and plan your repayment wisely to make the most of your personal loan.
If you’re looking for a secure and hassle-free way to manage your expenses, this personal loan option could be the perfect fit for you.
