No, you cannot get an SBI personal loan with a salary of ₹10,000 per month. The minimum salary required to apply for an SBI personal loan is ₹25,000 per month. SBI offers various types of personal loans, each with different eligibility criteria, loan amounts, and salary requirements.

Types of SBI Personal Loans and Their Salary Requirements

1. SBI Xpress Elite

Special personal loan for salaried customers with a high income.

  • Minimum Salary Required: Rs. 1,00,000 per month

  • Eligibility:

    • Individuals maintaining a Salary Account with SBI

    • Employees working with:

      • Central/ State/ Quasi Governments

      • Defense/ Central Armed Police/ Indian Coast Guard

      • Central & State PSUs

      • Corporates (Private & Public Ltd.)

      • Educational institutions of national repute

  • Loan Amount:

    • Minimum: Rs. 3,00,000

    • Maximum: Rs. 35,00,000 or 24 times Net Monthly Income (NMI)

  • EMI/NMI Ratio: Up to 65%

2. SBI Xpress Flexi

Overdraft facility for salaried customers with a premium salary package account.

  • Minimum Salary Required: Rs. 50,000 per month

  • Eligibility:

    • Individuals having Diamond, Platinum, or Rhodium category Salary Package Account with SBI

    • Employees working with:

      • Central/ State/ Quasi Governments

      • Defense/ Central Armed Police/ Indian Coast Guard

      • Central & State PSUs

      • Corporates (Private & Public Ltd.)

  • Loan Amount:

    • Minimum: Rs. 1,00,000

    • Maximum: Rs. 25,00,000, subject to 24 times NMI

  • EMI/NMI Ratio: Up to 65%

3. SBI Xpress Credit

Personal loan for salaried individuals maintaining a salary account with SBI.

  • Minimum Salary Required: Rs. 25,000 per month

  • Eligibility:

    • Individuals with a Salary Account in SBI

    • Employees working with:

      • Central/ State/ Quasi Governments

      • Central & State PSUs

      • Educational institutions of national repute

      • Selected corporates (with or without an existing relationship with the bank)

  • Loan Amount:

    • Minimum: Rs. 1,00,000

    • Maximum: Rs. 30,00,000 or 24 times NMI

  • EMI/NMI Ratio: Up to 60%

4. SBI Real-Time Xpress Credit

End-to-end digital loan for salaried customers with an SBI salary account.

  • Minimum Salary Required: Rs. 25,000 per month

  • Eligibility:

    • Salaried customers maintaining a Salary Package Account with SBI

  • Loan Amount:

    • Minimum: Rs. 1,00,000

    • Maximum: Rs. 35,00,000 or 24 times NMI

  • EMI/NMI Ratio: Up to 65%

Conclusion

If your monthly salary is only Rs. 10,000, you are not eligible for any of the personal loan schemes offered by SBI. The minimum salary requirement starts at Rs. 25,000 for SBI Xpress Credit and Real-Time Xpress Credit loans. If you earn a higher salary, you can Apply SBI personal loan options based on your eligibility.

 

Disclaimer: This page includes information that has been compiled from many sources and is only offered for informational purposes. Since this type of data might change over time, we cannot guarantee that the information supplied or included within it is accurate. It is anticipated that the user would confirm with the relevant source prior to taking any choices or actions.