SBI Personal Loan EMI Calculator

Preset to SBI's current personal loan emi rate of 11.15%. Change any value to see your own numbers.

  • Current rate 11.15%
  • Range 10.9011.65%
  • Rank #6 of 8 banks
  • Verified 16 July 2026
₹5,00,000
5 yr

SBI Personal Loan EMI Calculator

Monthly EMI₹10,909 /mo
  • Principal₹5,00,000
  • Total interest₹1,54,519
  • Total payment₹6,54,519

Where your money goes

  • Principal ₹5,00,000
  • Interest ₹1,54,519

SBI personal loan interest rates 2026

SBI personal loan rates
Tenure / slabRate
Xpress Credit salaried, up to ₹10 lakh11.15%
Xpress Credit salaried, ₹10 lakh – ₹20 lakh11.65%
Xpress Elite (premium salary package)10.90%
Pension loan11.30%

This Personal Loan calculator is preset to State Bank of India's current 11.15% rate (as of 16 July 2026), so the EMI you see the moment the page loads reflects a real SBI loan — change the amount or tenure to match yours.

SBI's personal loan rates run from 10.90% to 11.65% depending on your profile and loan size. Below is SBI's full rate table, the fees and rules that actually apply, and how SBI compares with the 8 banks we track — the one thing no bank's own page will show you.

SBI personal loan — key facts

  • Loan amount ranges from ₹25,000 to ₹35,00,000 under the Xpress Credit scheme.
  • Processing fee is up to 1.5% of the loan amount (plus applicable GST).
  • A foreclosure charge of 3% is levied on the prepaid amount for Xpress Credit loans.
  • Maximum repayment tenure is up to 6 years (72 months).

How SBI compares

SBI11.15%rank 6 of 8
Category median11.02%across 8 banks
Best in category10.75%HDFC

SBI's personal loan rate is above the category median. HDFC is cheaper at 10.75%.

SBI personal loan FAQs

What is SBI's personal loan interest rate in 2026?

State Bank of India offers personal loan rates from 10.9% to 11.65% (indicative headline 11.15%). The exact rate depends on your credit score, income and loan amount.

What are the fees on a SBI personal loan?

The processing fee is Up to 1.5% of loan amount + GST. Loan amount ranges from ₹25,000 to ₹35,00,000 under the Xpress Credit scheme.

Can I prepay or foreclose my SBI personal loan early?

A foreclosure charge of 3% is levied on the prepaid amount for Xpress Credit loans.

How is the EMI on a SBI personal loan calculated?

The EMI uses the reducing-balance method — interest is charged only on the outstanding balance, so the interest share of each instalment falls over time. At 11.15% the calculator above shows your monthly EMI; change the amount and tenure to match your loan.

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