Quick PL

In today’s fast-paced world, financial needs can arise at any moment—whether it’s for a dream vacation, a medical emergency, home renovation, or consolidating debt. SIB Quick PL is a seamless, paperless process that allows borrowers to apply for a personal loan digitally and get funds, even within 10 minutes. Say goodbye to long queues, endless paperwork, and waiting for weeks for multiple layer of approvals.

1. Instant Approval: With SIB Quick PL, the entire process is digital which makes the sanction and disbursal hassle free. You can now receive your required funds in minutes in your desired savings account.
2. Flexible Repayment: Choose a tenure that suits your budget. Select from 12 months to 48 months and plan your repayment as per your convenience.
3. Competitive Interest Rates: Avail your desired funds at attractive interest rates. Enjoy competitive rates tailored to your credit profile.
4. 24/7 Accessibility: Apply anytime, anywhere, from your smartphone or laptop.
5. No Collateral Required: Unsecured loans with no need for assets.
6. No Hidden Charges: Know exactly what you’re paying.
7. Credit Score Boost: Timely repayments can improve your credit score. 

1. Application & Eligibility Check: Fill out a quick online application form to obtain an instant eligibility check .
2. V-KYC: Complete your Video KYC process to open the loan account instantly.
3. Mandate Creation: Borrower/Customer need to set up an auto-debit mandate during the disbursement journey for hassle-free EMI payments.
4. Loan Approval & Disbursement:  Bank verifies the details, approves the loan, and initiate disbursal process directly to Borrower/Customer’s account.
5. Receive Funds: The loan amount is disbursed and credited to the Borrower/Customer’s bank account within a few hours.
6. EMI Payments & Reminders: The Borrower/Customer repays through scheduled EMIs, with timely reminders for due payments.

Salaried Professionals:  Need funds for a wedding, travel, or any unexpected expenses? We’ve got you covered.

Self-Employed Individuals: Manage business cash flow or personal needs with ease.