Relief: SBI’s ‘Kavach Personal Loan’, low interest rate scheme launched for treatment of Kovid

Various facilities have been kept by the bank

The bank has ensured that no asset deposit is required to avail Kavach Personal Loan. Under the scheme, a loan of Rs 5 lakh will be given for a period of five years. In this, a loan of at least 25 thousand can be taken, whose interest rate will be 8.5%. Apart from the low interest rate and flexible tenor, three months after taking the loan  Loan Moratorium Time Provision  will also happen. The bank says that this facility is very good because this personal loan is available with very low interest rate  Placed in collateral-free category.

Who will be eligible, how to apply

Covid treatment cost came as a burden


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