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 Personal Loan

The SBM Personal loan is an all-purpose loan offered to finance any personal project that the customer wishes to pursue e.g. wedding, purchase of a computer or car or for any other personal requirement. The SBM Personal loan comes as a sigh of relief for those in urgent need of cash.

  • Repayment Period
    • Up to 30 years for loans secured against cash and property
    • Up to 10 years for loans secured against other collaterals acceptable to the bank
  • 48-hour approval subject to necessary documents being provided by the customer
  • Open to all personal customers - both salaried and non-salaried
  • Quick, efficient service
  • Competitive interest rates
 Eligibility Criteria
  • Open to individuals aged 18 years and above
 Documents Required
  • Birth certificate
  • National Identity Card
  • Marriage Certificate
  • Proof of address (latest utility bill - MT or CEB or CWA)
  • Salary slip
  • How much can I borrow?

The maximum amount is up to 25 times the salary of the applicant if personal guarantors are provided. However, for a loan exceeding 25 times salary, tangible security will be required.

  • Does my salary need to be credited to SBM?

Yes, your salary must be credited to SBM.

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