Personal Loan

Unsecured, quick-disbursal credit for casual or emergency financial requirements, with minimal paperwork and competitive rates.

Features

• For casual and emergency financial obligations.
• Expedited processing with minimal paperwork.

Interest Rate

• 12.00% p.a., calculated on a monthly basis.

Loan Amount & Tenure

• Maximum loan amount: ₹5 lakh.
• Repayment period: up to 5 years.

Eligibility

• As per the Bank’s standard lending and documentation norms (see below).

Margin / Security

• For loans above ₹1,00,000: collateral required — Sale Agreement / Registry / Allotment Letter / Lease Deed, non-encumbrance certificate and property valuation.

Documents Required

• Photograph and photo ID / age proof; signature verification and address proof.
• Salary slips or Form 16 (salaried), or 3 years’ ITR with CA computation (self-employed).
• 6 months’ bank statements.
• Existing loan repayment record / closure letters, if any.
• KYC documents (PAN, debit card, etc.) for borrower and guarantor.
• Advance EMI cheques.