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SBI launches special loan scheme for Agniveers

14 Aug 2025 Evaluate

State Bank of India (SBI) has launched a special personal loan scheme for Agniveers under the Government of India's short-term Agnipath recruitment programme on the occasion of the 79th Independence Day.

Under this loan scheme, Agniveers with a salary account at SBI can avail loans up to Rs 4 lakh without any collateral and with a complete waiver of processing fee. The repayment tenure will align with the term of the Agnipath scheme, offering maximum flexibility and convenience to our nation's brave hearts transitioning from civilian life. In addition to this, the bank is offering the lowest interest rate of flat 10.50 per cent to all defence personnel till September 30, 2025.  

State Bank of India is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.


Peers
Company Name CMP
State Bank Of India 991.10
PNB 116.60
Bank Of Baroda 234.50
Canara Bank 122.85
Union Bank Of India 177.60
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