Hey the basic interest rate for the personal loan from the State Bank Of Mysore is the criteria for the floating f the interest rate below I have given you the details so you can have a look



With Corporate salary package& with check off facility. 3.75% above Base
Rate,presently 13.40%

With Corporate salary package& without check off facility. 3.75% above
Base Rate,presently 13.40%

Without Corporate salary package& but salary account with us . 4.25% above
Base Rate,presently 13.90%

Without Corporate salary package& salary account not with us . 6.75 % above
Base Rate,presently 16.40%

The Loan amount for the Loan amount can sanctioned Rs 25,000- to Rs 15,00,000/-
Rs 25,000- to Rs 15,00,000/-

Eligibility

Individuals, employees of state / central government, Public Sector undertakings, reputed profit making Public limited companies, Multi national companies with a minimum service of two years and drawing a net salary of Rs. 6,000/- or above.

Purpose

To meet personal expenses like marriage, family functions, medical expenses, travel etc.,

Security

Third party guarantee of equal means. Securities like LIC policies, NSC, KVIP, Shares etc.,

Period of Repayment

12 months to 36 months.

Type of Loan
Demand loan.