SBI- Approved Loan Process.
State Bank of India-SBI facilitates personal loan process with just 4 clicks. SBI Offers Pre-Approved Personal Loan With Only 4 Clicks on SBI Yono App Pre-approved loan processing fees are low. Loan processing can also happen faster. No documents required. However, SBI offers these loans only to selected customers. Eligibility can also determine whether you are on that customer list. For this you need to SMS to the number indicated by the bank.
To find out whether you are eligible for SBI Pre-Approved Loan, type PAPL and enter the last 4 digits of your account number and SMS to 567676 from your registered mobile number. For example, if you have 1234 at the end of your account, type PAPL 1234. If you are eligible for a pre-approved loan you will need to log on to the Yono website or app. Click on Avail Now. Then select Tenure and Amount. Finally you have to enter OTP. A Loan Amount will be added to your account.
