The outbreak of the epidemic has created a cash crisis. But now for the salaried section facing cash crisis, the country's largest bank SBI is preparing to bring pre-approved personal loan through its Yono App. The bank says that work is going on this scheme and it will provide relief to the distressed people due to lack of cash. The bank has given this information by issuing a statement in this context. However, the bank has not given any other information related to the new product.

Apart from this, the bank has rejected the reports going on in the media, which said that the bank is offering a special loan of up to five lakh rupees at a lower interest. In these reports, it was said that customers will not need to pay any EMI for the first six months.

For your information, let us tell you that SBI has issued a statement rejecting these media reports and said that the bank wants to clarify that it is not currently running any scheme like emergency loan through Yono. He has appealed to the customers not to trust any such rumor. Explain that public sector banks like Bank of Baroda (BoB), Punjab National Bank (PNB), Bank of Maharashtra (BoM) and Bank of India (BoI) are offering 'Covid-19 Personal Loans'.

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