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Business, & agriculture finance

Preapproved Business Loan (PABL)

A pre-approved dropline overdraft for existing current-account businesses, from above ₹50,000 to ₹20 lakh, with 48-month fixed repayment and no collateral.

PricingCompetitive pricing linked to EBR; SBI states EBR is linked to repo rate and currently repo rate + 2.65%Customer typeExisting SBI current-account customers; Individual, sole-proprietor and partnership micro/small MSMEsCollateral securityNil; SBI describes the facility as collateral-free up to ₹20 lakh
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Quick eligibility check

Preapproved Business Loan (PABL)

0 of 9 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Are you this type of customer: Existing current-account customer?

Published source: Eligibility

2Are you this type of customer: individual, sole proprietor or partnership classified as a micro/small MSME?

Published source: Eligibility

3Does your age meet this requirement: promoter maximum age 70 years?

Published source: Eligibility

4Do you meet this requirement: Existing SBI current-account customers?

Published source: Customer type

5Are you this type of customer: Individual, sole-proprietor and partnership micro/small MSMEs?

Published source: Customer type

6Document checkDo you have this required document or proof: Existing SBI current-account records?

Published source: Documents

7Document checkDo you have this required document or proof: MSME classification and business constitution evidence?

Published source: Documents

8Document checkDo you have this required document or proof: KYC and simplified digital documents requested by SBI?

Published source: Documents

9Document checkDo you have this required document or proof: Promoter age and identity evidence?

Published source: Documents
0 of 9 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 1 Sept 2026 · active
Offered byState Bank of India

India; existing current-account customers

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Facility typeDropline overdraftView source
Facilities Available: Dropline .
Source
Preapproved Business Loan (PABL) — official product page
Page / section
Features — Facilities Available
Accessed
1 Sept 2026
Confidence
high
Open official source ↗
Loan amountMore than ₹50,000 to ₹20 lakhView source
Quantum of loan: >₹0.50 lakh to ₹20 Lakhs.
Source
Preapproved Business Loan (PABL) — official product page
Page / section
Features — Quantum of loan
Accessed
1 Sept 2026
Confidence
high
Open official source ↗
PricingCompetitive pricing linked to EBR; SBI states EBR is linked to repo rate and currently repo rate + 2.65%View source
Pricing is linked to (linked to Repo Rate and currently is Repo Rate + 2.65%).
Source
Preapproved Business Loan (PABL) — official product page
Page / section
Features — Pricing
Accessed
1 Sept 2026
Confidence
high
Open official source ↗
Repayment periodFixed 48 monthsView source
Repayment Period: Fixed 48 months.
Source
Preapproved Business Loan (PABL) — official product page
Page / section
Features — Repayment Period
Accessed
1 Sept 2026
Confidence
high
Open official source ↗
Processing fee0.30% of sanctioned limit plus GSTView source
Processing Fee/Upfront Fee: 0.30% of the sanctioned limit + .
Source
Preapproved Business Loan (PABL) — official product page
Page / section
Features — Processing Fee / Upfront Fee
Accessed
1 Sept 2026
Confidence
high
Open official source ↗
Collateral securityNil; SBI describes the facility as collateral-free up to ₹20 lakhView source
Collateral Security: nil; collateral-free loan up to Rs. 20 Lakhs.
Source
Preapproved Business Loan (PABL) — official product page
Page / section
Features — Collateral Security and Special Feature
Accessed
1 Sept 2026
Confidence
high
Open official source ↗
EligibilityExisting current-account customer; individual, sole proprietor or partnership classified as a micro/small MSME; promoter maximum age 70 yearsView source
Target group and age condition are stated in the product features.
Source
Preapproved Business Loan (PABL) — official product page
Page / section
Features — Target Group and Eligibility
Accessed
1 Sept 2026
Confidence
high
Open official source ↗
Turnover / vintageNo turnover threshold is published; PABL eligibility is based on existing current-account status and micro/small MSME classification.View source
The page names current-account customers and micro/small classification but no numeric turnover or vintage threshold.
Source
Preapproved Business Loan (PABL) — official product page
Page / section
Features — Target Group and Eligibility
Accessed
1 Sept 2026
Confidence
high
Open official source ↗
Geographic limitsIndia; SBI existing current-account customersView source
The manually reviewed product record states: “India; existing current-account customers”.
Source
Preapproved Business Loan (PABL) — official product page
Page / section
Published product metadata
Accessed
1 Sept 2026
Confidence
high
Open official source ↗
Customer typeExisting SBI current-account customers; Individual, sole-proprietor and partnership micro/small MSMEsView source
The manually reviewed product record states: “Existing current-account customers; Individual, sole-proprietor and partnership micro/small ”.
Source
Preapproved Business Loan (PABL) — official product page
Page / section
Published product metadata
Accessed
1 Sept 2026
Confidence
high
Open official source ↗
DocumentsExisting SBI current-account records; MSME classification and business constitution evidence; KYC and simplified digital documents requested by SBI; Promoter age and identity evidenceView source
The manually reviewed product record states: “Existing current-account records; classification and business constitution evidence; and simplified digital documents requested by ; Promoter age and identity evidence”.
Source
Preapproved Business Loan (PABL) — official product page
Page / section
Published product metadata
Accessed
1 Sept 2026
Confidence
high
Open official source ↗

Benefits and features

  • Above ₹50,000 to ₹20 lakh
  • Fixed 48-month repayment
  • Collateral-free
  • Pre-approved digital journey with simplified documentation

Eligibility

  • Existing current-account customer with individual, sole-proprietor or partnership constitution, classified as a micro or small ; promoter age maximum 70 years.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Existing current-account records
  • classification and business constitution evidence
  • and simplified digital documents requested by
  • Promoter age and identity evidence

Related official documents

Preapproved Business Loan (PABL) — official product pageofficial-product-page · current · accessed 1 Sept 2026
↗

Plan before applying

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹13,431thirteen thousand four hundred thirty-one rupees
Interest paid over the full loan₹7,23,444seven lakh twenty-three thousand four hundred forty-four rupees
Everything you repay₹32,23,444thirty-two lakh twenty-three thousand four hundred forty-four rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

Customer · Published termExisting current-account customer; individual, sole proprietor or partnership micro/small

This value is copied from PABL — published terms. Check the table notes before relying on it.

Source: Preapproved Business Loan (PABL) — official product page · Features Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 8 rows · 2 columnsPABL — published termsPre-approved business-loan terms from SBI.View tableHide table

Scroll sideways to view every column

PABL — published terms
ItemPublished term
CustomerExisting current-account customer; individual, sole proprietor or partnership micro/small
FacilityDropline overdraft
AmountAbove ₹50,000 to ₹20 lakh
Pricing-linked; currently repo rate + 2.65%
RepaymentFixed 48 months
Processing0.30% of sanctioned limit +
CollateralNil; collateral-free up to ₹20 lakh
Promoter ageMaximum 70 years
  • Other charges follow bank guidelines and are disclosed before sanction.
Preapproved Business Loan (PABL) — official product page · Features · accessed 1 Sept 2026Open official source ↗

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