SBI Easy Ride

Published on November 03, 2021
Current Context: The State Bank of India (SBI) has launched a 2-wheeler loan scheme.
SBI Easy Ride
  • The name of the pre-approved 2-wheeler loan scheme is ‘SBI Easy Ride’.
  • It is launched through YONO.
  • Under the scheme, the customers can opt for two-wheeler loans in a digital manner via the YONO app. They will not have to visit the bank branch to avail this loan.
  • Under the ‘SBI Easy Ride’ scheme, customers can opt for loans upto Rs 3 lakh at a competitive interest rate of 10.5% per annum onwards for a maximum tenure of 4 years.
  • The minimum loan amount is Rs 20,000.
  • Using the scheme, the loan of up to 85% of the on-road price of the vehicle can be opted.
  • Static Part: 
    • HQ of SBI: Mumbai
    • Chairman of SBI: Dinesh Khara


Q.1 What is the name of the 2-wheeler loan scheme launched by SBI?
a. ‘SBI Go Ride’
b. ‘SBI Easy Travel’
c. ‘SBI Travel’
d. ‘SBI Easy Ride’

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