SBI Personal Loan Statements

If you have taken a personal loan from the State Bank of India (SBI), keep track of your loan account details, transaction history, outstanding balance, interest accrued, payment history, and due dates. One of the easiest ways to do this is to get your SBI personal loan statement online. A personal loan statement is a document that shows the details of your loan account, such as the loan amount, tenure, interest rate, EMI, repayment schedule, and any other charges or fees. It helps you monitor your loan performance, plan your budget, and avoid penalties or defaults.

Method to get SBI Personal Loan Statements

There are two ways to get your SBI personal loan statement online: through the SBI Personal Loan Portal or through the SBI Net Banking Portal. Both methods require you to register and log in with your credentials. Let’s examine each method in detail.

Method 1: SBI Personal Loan Portal

The SBI Personal Loan Portal is a dedicated website for SBI personal loan customers. Here are the steps to get your SBI personal loan statement online using this portal:

• Step 1: Visit the SBI Personal Loan Portal.
• Step 2: Click the “Login” button on the top right corner of the homepage.
• Step 3: Enter your username and password and click “Submit”. If you are a new user, you must register first by clicking the “Register” button below the login form.
• Step 4: After logging in, you will see your dashboard with various options. Click the “Loan Statement” option under the “My Account” section.
• Step 5: You will see your loan account details, such as the loan number, loan amount, tenure, interest rate, EMI, and balance. You can also see your transaction history, payment history, and due dates.
• Step 6: To download your SBI personal loan statement, click the “Download” button on the top right corner of the page. You can choose to download your statement in PDF or Excel format. You can also print your statement by clicking the “Print” button.

Method 2: SBI Net Banking Portal

The SBI Net Banking Portal is a website that allows you to access your SBI bank account and other services online. Here are the steps to get your SBI personal loan statement online using this portal:

• Step 1: Visit the SBI Net Banking Portal.
• Step 2: Click the “Personal Banking” option on the homepage and enter your username and password to log in. If you are a new user, you must register by clicking the “New User Registration” option below the login form.
• Step 3: After logging in, you will see your dashboard with various options. Click on the “Enquiries” option on the left sidebar.
• Step 4: Under the “Enquiries” option, click the “Loan Account Summary” option.
• Step 5: You will see a list of your loan accounts with SBI, such as home loans, car loans, education loans, etc. Select your personal loan account and click the “View Details” button.
• Step 6: You will see your loan account details, such as the loan number, loan amount, tenure, interest rate, EMI, and balance. You can also see your transaction history, payment history, and due dates.
• Step 7: To download your SBI personal loan statement, click on the “Download Statement” button on the top right corner of the page. You can choose to download your statement in PDF or Excel format. You can also print your statement by clicking the “Print Statement” button.

SBI Loan Statement

Your SBI Loan Statement is a detailed document that provides an overview of your loan with the State Bank of India, from the start to the current status. It includes all necessary information about your financial obligations and progress in repaying your loan. This statement is useful for tracking your loan repayment and understanding your financial commitments with SBI.

Loan Account Details

Your SBI Loan Account encapsulates all the essential information regarding your loan. It includes the loan account number, the total loan amount sanctioned, the interest rate applied, and the loan tenure. This section serves as a snapshot of your loan, quickly referencing your loan’s key details.

Transaction History

This part of the statement records all the transactions related to your loan account, including disbursals, repayments, and charges applied. It helps you track the flow of funds and ensures transparency in managing your loan.

Outstanding Balance and Interest Accrued

The outstanding balance is the amount of the loan that is still due for payment. Interest accrued is the interest amount that has been accumulated on the outstanding loan. This section provides a clear picture of what you owe the bank and how much of it is due to the interest on the loan.

Payment History and Due Dates

This segment documents your repayment track record, listing all the EMIs paid and their respective dates. It also highlights the upcoming due dates for your future EMIs, helping you plan your finances accordingly to avoid any late payment fees.