In today’s fast-paced world, who has time to stand in queues or deal with paperwork for a loan?
If you’re an SBI salary account holder and need money urgently without running to the bank or submitting heaps of documents, SBI’s latest offering — the YONO SBI Real Time Xpress Credit Loan — is the perfect solution.
Through just a few taps on your mobile via the YONO SBI app, you can get a loan approved and disbursed within minutes. No hassle, no branch visit — just pure convenience!
What is YONO SBI Real Time Xpress Credit Loan?
The YONO SBI Real Time Xpress Credit Loan is a 100% digital personal loan service launched by the State Bank of India (SBI). It is designed to offer quick, paperless loans in real-time through the YONO app.
There’s no need for physical documents, no guarantor, and no waiting — just e-KYC and e-sign, and your loan amount is credited to your account in minutes.
Key Highlights of SBI Xpress Credit Loan via YONO
| Feature | Details |
|---|---|
| Loan Amount | ₹1 Lakh to ₹35 Lakh |
| Repayment Tenure | 6 months to 6 years (up to 72 months) |
| Interest Rate | Starting from 11.15% p.a. |
| Processing Fee | Up to ₹15,000 + GST |
| Loan Disbursement Time | Within minutes |
| Application Mode | Fully Digital via YONO SBI App |
Who is Eligible for YONO SBI Real Time Xpress Credit Loan?
This loan is available only for SBI salary account holders. You are eligible if you meet the following conditions:
- You are a Central or State Government employee
- You work in the Defence Sector (Army, Navy, Air Force)
- You’re employed in semi-government or public sector organisations
- Your net monthly salary is at least ₹25,000
- Your EMI-to-Income Ratio is less than 65%
Documents Required – NONE!
That’s right — this is a completely paperless loan.
- No need to upload any documents
- No income proof required
- Everything is done using your Aadhaar OTP and e-signature
Benefits of YONO SBI Real Time Xpress Credit Loan
- Instant Disbursement – Loan credited in just a few minutes
- Zero Paperwork – No physical documents or form-filling
- Loan from Home – Apply via mobile without visiting a branch
- 100% Secure – Backed by SBI’s trust and security systems
- e-KYC & e-Sign – Quick verification using Aadhaar OTP
How to Apply for SBI Xpress Credit Loan on YONO App – Step-by-Step Guide
Want to get started? Here’s how:
- Open the YONO SBI App and log in with your credentials.
- Go to the “Loans” or “Avail Now” section.
- Select “Personal Loan” or “Xpress Credit Loan”.
- The system will automatically check your eligibility.
- Choose your loan amount and tenure.
- Complete KYC using Aadhaar OTP and do e-signature.
- Loan will be credited directly into your account within minutes.
