Loan up to Rs 20 lakh will be available through a missed call on this number

 Loan up to Rs 20 lakh will be available through a missed call on this number, a special facility started by SBI

If you are also thinking of taking a personal loan for any kind of contingency need, then this knowledge is for you. State Bank of India (SBI), the country's largest bank, has come up with a special facility for its customers. SBI has started giving Personal Loans to its customers through just one missed call. The bank tweeted about this on its official Twitter account.

Loan up to Rs 20 lakh will be available through a missed call on this number

According to SBI's tweet, SBI's Express Credit Personal Loan Service is getting a quick personal loan. The customer only has to make one missed call and then the bank will give the son with approval soon. The interest rate on this loan is also the lowest at 9.6 percent.

How much loan will get

SBI is offering loans ranging from Rs 25,000 to Rs 20 lakh in this scheme. Also, an overdraft service of Rs 5 to 20 lakh is being provided. It does not require any guarantor or security.

Who will get the loan?

- You should have a salary account with SBI.

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- Your monthly salary should be Rs. 15000 or more.

- EMI / NMI ratio less than 50%

Loan up to Rs 20 lakh will be available through a missed call on this number

- SBI Salary Account Holder should be employed in Central / State / Semi-Government, Central PSU, Beneficial OSUs or Educational Institutions of selected Corporates.