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Q.

How much loan I can avail myself as a govt servant with 10 years of service?

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1 Year

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After 10 years of my service as a government employee, I got a personal loan from SBI maximum of up to Rs 15 lakhs. However, a government employee's ability to borrow money is influenced by a number of variables, including pay scale, employment history, and creditworthiness. The majority of loan choices are available to these employees with favourable terms and interest rates. These loans can be used for a variety of purposes, like paying education fees for kids buying a home taking a personal loan or purchasing a car. However, the exact amount that a government employee may be eligible for will depend on the lending bank’s requirements.

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