Skip to content
Lendsqr

About State Bank of India

State Bank of India (SBI) has been operating in the Maldives since 1974, supporting key sectors like tourism, aviation, fisheries, and housing. With 17% of deposits and 18% of advances, it plays a vital role in the economy. SBI Maldives offers services such as deposits, remittances, and trade finance, backed by the strength of the SBI Group.

Amount

MVR 300,000 - MVR 1,000,000

Tenor

84 - 240 months

Min. approval time

24 hrs

Countries

Created on

December 2025

Last updated

December 2025

Requirements

The basic requirements to apply for a loan on State Bank of India include:

  • •   Individuals, group of individuals (who are legally related) above 18 years of age and upto 60 years and who has steady source of income/ Govt employees.

How to Apply

To apply for a loan with State Bank of India, visit the lender's website and click on "Get Started." If you meet the eligibility criteria and agree with the terms, complete and submit the online application form.


This lender claims it can approve applications on the same day they are submitted and disburse funds within 24 to 72 hrs.

Contact

Create your Lendsqr account

Want to see first-hand how Lendsqr can push the boundaries of your lending business? Create an account for free and check it out, we'll be with you every step of the way

Create free account
Create your Lendsqr account illustration