Does SBI approve Personal Loan slowly?

Accepted Answer ✓ Accepted

SBI approval timelines are generally longer because of manual checks and layered verification processes. Speed is not SBI’s primary focus. Borrowers who prioritise cost over speed may find SBI suitable, while those needing urgent funds may prefer private banks or NBFCs.
3 upvotes

Suggested Answers

Yes, SBI is usually slower but more process-driven.
0 upvotes by Divya Nair

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