Individuals who can take a Personal Loan
Documents required for Personal Loan
Post-sanction / pre-disbursement documentation
Qualification or registration proof required for doctors, architects, CA, CS, ICWA, MBA consultant, engineers may vary from customer to customer
| Interest Rates & Charges* | |
|---|---|
| Rate of Interest | 15.50% to 24% |
| Loan Processing Charges | 1.50% to 2.00% + GST as applicable |
| Cheque Bounce Charges | Rs. 500 per cheque bounce + GST as applicable |
| Cheque/ Instrument Swap charges | Rs.500 per instance + GST as applicable |
| Prepayment/ Forclosure Charges | Nil |
| Default Interest Rate | @24.00% per annum i.e 2% per month on the overdue installment |
| Duplicate Statement Issuance Charges Duplicate Amortization Schedule Charges Duplicate Interest Certificate (Provisional/ Actual) issuance Charges | Rs 250 per instance + GST as applicable Rs 250 per instance + GST as applicable Rs 250 per instance + GST as applicable |
| Cibil Report Issuance Charges Stamp Duty Charges | Rs. 50/- per instance per set+ GST as applicable As per State Stamp Act |
| Issuance Charges for Photocopy of Loan Agreement/ Documents | Rs 250 per instance + GST as applicable |
| *(Subject to change as per Bank’s discretion from time to time) * Goods and Services tax (GST) will be charged extra as per the applicable rates, on all the charges and fees (wherever GST is applicable) | |
We are currently offering personal loans only at the given locations and the eligibility for personal loan would be based on the Tier location.
| Tier 1 | Bangalore, Chennai, Delhi, Mumbai, Hyderabad, Gurgaon, Noida, Ghaziabad, Faridabad |
|---|---|
| Tier 2 | Pune, Ahmedabad, Kolkata |
| Tier 3 | Coimbatore, Kochi, Jaipur, Lucknow, Patna, Jamshedpur, Vadodara, Trivandrum, Vishakhapatnam, Bhubaneshwar, Trichy, Surat, Nashik, Aurangabad, Goa, Guwahati, Nagpur, Chandigarh |
| Tier 4 | Bhopal, Calicut, Jodhpur, Mysore, Pondicherry, Raipur, Rajkot, Durgapur, Dehradun, Hubli, Jalandhar, Kolhapur, Ludhiana, Madurai, Mangalore, Patiala, Siliguri , Ranchi, Tirunelveli, Udaipur, Vijaywada, Indore, Ajmer, Allahabad, Bhatinda, Belgaum, Bhavnagar, Bhilwara, Jamnagar, Kanpur, Kota, Salem, Ujjain, Warangal, Mehsana |
Don’t think twice! Just apply for a personal loan and fulfil your dreams to lead the life you want, the way you want with a personal loan! Download personal loan forms now!