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Things to know about SBI’s Kavach before availing it for covid

India covid-19 information
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State Bank of India (SBI) is offering a loan for covid-19 treatment at the lowest interest rate. SBI has launched a collateral-free loan offer to those having an account in any of the SBI branches and need money to meet medical expenses related to covid-19 treatment of self and family members on or after 1 April.The loan is offered to salaried and non-salaried persons, and pensioners.

Thus, to get the loan amount sanctioned, any of these SBI customers will be required to submit a covid positive report.They can avail of a minimum loan of ₹25,000 and a maximum of ₹5 lakh as per their eligibility.

The bank will sanction the loan depending on requirements such as CIBIL score and the loan repayment capacity of the borrower.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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