Kavach Personal Loan Scheme launched by State Bank of India to meet the expenditure towards Covid 19 treatment of its customers. Loan will be sanctioned by the SBI from 25000 to 5,00,000/- at 8.5% rate of interest with 5 years of tenure. All SBI Account holders are eligible for this Kavach Personal Loan from State Bank of India. Here are the more details about SBI Kavach Personal Loan Scheme.
The State Bank of India offering Kavach Personal Loan for Corona treatment expenses. During this pandemic most of the people effected by the Corona and faced financial crisis beyond their savings. Those who have admitted in Hospitals due to covid 19 paid huge amount for the treatment officially/ unofficially. As per the RBI Instructions SBI brought this Kavach Personal Loan Scheme for its customers irrespective of salaried people or not.
To avail the SBI Kavach Personal Loan, Visit your Home Branch where your account has been operating