SBI: The State Bank of India (SBI) has announced a special personal loan scheme for the firemen on the occasion of 79th Independence Day. This scheme is being received by the firemen who have a salary account in SBI. Under this scheme, Agniveer can take a loan of up to Rs 4 lakh without any collateral. Apart from this, the processing fee of loan has also been completely forgiven.
Repair and interest rate
In this scheme, the period of repaying the loan will be decided according to the Agneepath Recruitment Program. SBI has also fixed a flat 10.50% interest rate for all defense employees under this scheme, which will be applicable till 30 September 2025. This scheme will prove to be helpful for the firemen who feel the need for a loan immediately during or later during their job.
SBI Defense Salary Package
This initiative of SBI is based on its defense salary package. Many facilities are provided under this package. Such as zero balance account, free international gold debit card, unlimited free transactions from SBI ATM across the country, annual maintenance charge discount on debit cards, personal accident insurance up to Rs 50 lakh, up to Rs 1 crore and 50 lakh rupees for permanent disabilities.
SBI’s network and base
SBI is the largest bank in the country. By June 2025, it had an advance of Rs 54.73 lakh crore and an advance of Rs 42.54 lakh crore. The bank has 22,980 branches, 62,200 ATMs and more than 76,800 BC outlets across the country.