Detailed information of Personal Loan
Particulars Requirements
Profile : Salaried / Individual
Loan Tenure : Minimum: 12 Months| Maximum: 60 Months
Loan Amount : Minimum: INR 50,000, In case of STPL (25,000) maximum: INR 15 lakhs, In case of STPL (1.5 lakhs) *STPL- Small Ticket Personal Loan.
Age Criteria : Minimum: 21 Years Maximum: 60 Years (at time of closure). In STPL, Maximum age: 40
Income Norms: Minimum Income: a) 15000 per Month for ETB customers (Existing to Bank), b) 25000 per month for NTB customers (New to Bank). In case of STPL (15k per monthị
Types of Collaterals: Hassle-free loans - No Guarantor/No Security/No Collateral required
General documents: Duly filled application form, KYC documents, Loan agreement duly signed and Standing Instructions (S1) Request/ ECS Forms, etc.
Rate of Interest (Subject to Change) : 11.75% to 21%