🌟 What is SBI Festival Loan?
The SBI Festival Loan is a special offering by the State Bank of India designed to help individuals and families celebrate festivals like Diwali, Holi, Eid, Christmas, or Navratri without financial burden. You can borrow funds instantly with flexible repayment and affordable interest rates.
🎊 Apply / Download Now
✨ Key Highlights of SBI Festival Loan
- Loan amount: ₹25,000 to ₹20 Lakh
- Interest rate: Starting at 10.90% p.a.
- Tenure: 12 to 60 months
- Quick approval for SBI salary account holders
- No collateral or security required
- Special festive offers and zero prepayment charges during campaign
🪔 Benefits of SBI Festival Loan
- Helps manage festive expenses like gifts, shopping, travel, and parties.
- Paperless application process via YONO SBI App.
- Get loan disbursal within 24 hours of approval.
- Flexible EMI options with online repayment facility.
- Exclusive offers for government and PSU employees.
🎯 Eligibility Criteria
- Applicant must be a salaried or pension account holder with SBI.
- Minimum income requirement: ₹15,000 per month.
- Age limit: 21 – 58 years.
- Clean repayment history and credit score above 700 preferred.
📝 Documents Required
- Identity proof (Aadhaar / PAN)
- Address proof (Utility bill / Rent agreement)
- Salary slips (Last 3 months)
- Bank statements (Last 6 months)
- Passport-sized photograph
💡 How to Apply for SBI Festival Loan
- Visit your nearest SBI branch or open the YONO SBI app.
- Log in using your registered credentials.
- Select “Personal Loans → Festival Loan”.
- Enter required details like income and employment info.
- Upload documents and submit application.
- Approval and disbursal usually take less than 24 hours.
📱 Top 5 Loan Apps for Instant Festival Funding
1️⃣ PaySense
Personal loans up to ₹5 Lakh with 100% digital processing and same-day approval.
2️⃣ KreditBee
Offers festival loans for salaried professionals with fast KYC verification.
3️⃣ Money View
Instant approval and flexible tenure options with minimal documentation.
4️⃣ CASHe
Perfect for festive expenses — instant loan disbursal and simple repayment structure.
5️⃣ Navi Loan App
Trusted for personal and festival loans with low interest and instant credit transfer.
📊 SBI Festival Loan EMI Calculator
🔗 Useful Internal Links
Disclaimer: This page is for educational purposes only. We are not promoting any financial institution. You can directly apply through SBI’s official portal or YONO app.