Dinesh Khara India hospital patient Dinesh Khara India

SBI launches special loan scheme for covid patients

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COVID treatment of self and family members of the customer.Benefits of Kavach Personal Loan by SBI:Under this scheme, customers can avail loans up to ₹5 lakh at an effective interest rate of 8.5% per annum for 60 months which is inclusive of three months moratorium.

The product is being offered under the collateral-free personal loan category and comes at the cheapest rate of interest under this segment.

Reimbursement of expenses already incurred for COVID related medical expenses shall also be provided under the scheme.Dinesh Khara, Chairman, SBI said, “We are happy to introduce SBI Kavach Personal Loan scheme to help people affected in the wake of COVID-19 crisis.

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