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I`ve salary a/c in sbi, so i plan to get personal loan from sbi , they will do addr verfication???
salary: 25,000
org: TCS
In Personal Loan  -  Asked by Nagarajan S -  1 year ago
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Answer 1.
You have chosen right bank for loan as bank has low interest rate and other charges. The terms and conditions are also transparent.
1 year ago - By Himi
Answer 2.
Generally bank don't do address verification of account holders while giving loan as it can recover the loan amount from the account of the borrower. At time of processing the loan application banks prefer to deduct EMI of loan from the account every month and this is also convenient for the borrower.
1 year ago - By Bindu
Answer 3.
To get personal loan from SBI you have to furnish following documents: if you are existing bank customer then you have to submit Passport size photograph, From salaried individuals
Latest salary slip and Form 16. There is possibility that bank can do address verification.
1 year ago - By Jonny
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