A personal loan is a loan that can be availed for any purpose. It can either be secured against an asset or can be availed without keeping any collateral, referred to as an unsecured loan. The applicant is offered funds based on his/her credit history and risk profiling. Personal Loans are instantly approved and are usually more expensive than other forms of loans. Purpose Medical Emergencies,Vacation,Wedding,Higher Studies,Home Renovation,Debt Consolidation,Purchase of Costly Consumer Products, etc. Loan Size Rs. 10,000 to Rs. …
Category: Personal Loan
YES Bank offers personal loans of minimum Rs. 1 Lac to maximum Rs. 25 Lacs. You can avail the funds for a minimum of 12 months to maximum 60 months. The interest rate offered by YES Bank on personal loans is starting from 10.75% per annum to 15.90% per annum with processing charges equal to up to 2.50% on the principal outstanding amount. Being an eligible borrower, you can get approval on your personal loan application within just 60 seconds. …
United Bank of India offers personal loans to the salaried upto Rs.2 lac and to the pensioners upto Rs. 10 lacs at the interest rate of 13.50%-14.20% per annum. The repayment tenure for the pensioners are upto 48 months at maximum and upto 36 months for the salaried borrowers. The processing charges for the personal loans are 1% of the loan amount for salaried individuals and 1.18% for the pensioners. The United Bank of India do not charges for the …
Uco Bank provides personal loans to salaried individuals and pensioners at the rate of 11.40%- 12.80%. The bank allows maximum loan amount upto 10 times of monthly income with a maximum cap of Rs.10 lac. The repayment tenure can be as long as 60 months at maximum. The bank provides concession of 0.25% in interest rate for the female applicants, While charges a higher rate of 12.80% from the pensioners. The processing charges are 1% of loan amount with a …
Tata Capital offers you personal loan starting from Rs. 75,000 to up to a maximum of Rs. 25 Lacs within 72 hours of approval with a processing fees up to 2% of the loan amount and minimum Rs. 999. The loan term of Tata Capital Personal Loan is 12 months to up to 84 months. The annual interest rate charged by Tata Capital ranges from 10.99% to up to 21% and the pre-payment charges are up to 4% of the …
Standard Chartered Bank offers Personal Loan for any of your personal requirements with a Minimum of Rs 1 lacs to upto Rs. 30 Lacs for Salaried and Self Employed Individuals who are having Salary of Minimum Rs. 22,000 per month. Time of Funding is 4 to 7 working days with a Annual Interest Rate ranging from 10.99% to 18.65% and the Loan Term is 12 Months to 60 Months. The Processing Fees is Zero to upto 2% of the loan …
Overview SBI is one the leading and most trusted banks of India, offering personal loans with a minimum of Rs. 25,000 to maximum Rs. 20 Lacs. However, an applicant is limited to avail the loan amount as high as 24 times of his/her Net Monthly Salary only and a maximum of 12 times of Net Monthly Salary if the applicant is working as a teacher in a school. Currently, SBI offers personal loans for various types of borrowers, such as …
RBL Bank embellish you a wide range of funds for Salaried employees having minimum monthly salary of Rs. 25,000 per month. It provides loan amount from minimum Rs. 1 Lacs to maximum of Rs. 20 Lacs within 10 working days. The annual interest rate ranges from 15.50% per annum to maximum 23% per annum. The Processing fees is starts from minimum 2% and goes as high as upto 2.5% of the loan amount. As far as the repayment period is …
Punjab National Bank offers personal loans for salaried, self-employed and pensioners including defense personnel. An applicant can borrow from minimum Rs. 25,000 to maximum Rs. 10 Lacs depending upon their employment criteria. The interest rate being charges on PNB Personal Loan ranges from 12% to 15% per annum for salaried and self-employed and 11.25% per annum for pensioners. The repayment period for personal loans ranges from minimum 12 months to maximum 60 months. However, PNB gives you the option to …
Punjab and Sind Bank provides personal loans upto Rs.3 lac at maximum on an interest rate of 12.80%-14.05% to the salaried individuals and pensioners having account with the bank. The maximum repayment period allowed by the Punjab and Sind Bank is 60 months. The Punjab and Sind Bank charges a processing fee of 1% of loan amount for the loan application processing which is a bit higher in comparison of 0.50% of loan amount charged by the Oriental Bank of …
Kotak Mahindra Bank offers personal loan to Salaried employees only, where a borrower can avail from minimum Rs. 50,000 to maximum Rs. 15 Lacs with an annual interest rate ranging from 10.99% to 24% per annum. The tenure being offered by Kotak is standard period offered by most of the banks, upto 60 months. Kotak Mahindra allows to prepay your personal loan through foreclosure method anytime after the full repayment of first 12 EMIs. However, the foreclosure fee being charged …
Summary. Karnataka Bank offers the personal loan only to the salaried individuals at an interest rate of 12.70% up to a maximum of Rs.5 lac, The maximum loan amount limit is quite low if compared with the peer South Indian Bank offering loans up to Rs.25 lac. The Karnataka Bank offers a repayment tenure of as long as 60 months at maximum and the foreclosure charges in case of prepayment of loan are Nil. The processing charges are 0.50% of …