Personal Loan

Summary
Integrate seamless APIs into your business banking to apply for a personal loan.
Description

APIs related to loan creation, standing instructions, repayment schedule and other facilitate for end to end seamless personal loan journey.

Use case:

These APIs can be used for Real time express credit Personal Loan for Existing to Business (ETB) customer & New to Bank (NTB) Customer. Pre-Approved Personal Loan two wheelers loan for Existing to Business (ETB) Customer & for New to Bank (NTB) Customer. Pre-Approved Personal Loan for New to Bank (NTB) Customer. Fintech/Startups can personalize their journey as per their requirement for end to end integration after evaluation of these APIs.

APIs

    • This API is used to create an API for Repayment Schedule. Customer need to pass Unique Customer Account Number, Principal Repayment Start and End Date, Interest Start and End Date, Frequency. In return they will receive success or failure status.

      REST
      Online

    • This API is used to create standing instructions for an existing customer. The SI operations using this API are allowed only between SBI internal accounts. Customer need to pass both remitter and beneficiary account number, payment amount and currency, date etc. In return they will receive success or failure notification.

      REST
      Online

Plans

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Default Plan

100 calls per hour

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Default Plan

14 APIs including

  • Account Short Details 1.0.0
  • CISLA Details Enquiry 1.0.0
  • Customer CISLA Amend 1.0.0
  • Customer Facility Limit Details 1.0.0
  • Create Loan Account 1.0.0