Context:
State Bank of India (SBI) has introduced a special personal loan scheme for Agniveers serving under the Government’s Agnipath recruitment programme, launched on the occasion of India’s 79th Independence Day.
Key Highlights:
- Loan Amount – Up to ₹4 lakh for Agniveers with an SBI salary account.
- Collateral – No collateral required.
- Repayment Tenure – Matches the term of the Agnipath scheme for flexibility.
Objective
- To provide financial support and convenience to Agniveers during and after their service, easing their transition to civilian life.
