As per your demand here I am providing you information related to Personal Loan of this Bank:


Eligibility Criteria:

Salaried Doctors, employees of select MNCs, Public and Private limited companies, Government sector employees including Public Sector Undertakings and Central and Local bodies:

-Minimum age of applicant: 21 years

-Maximum age of applicant at loan maturity: 60 years

-Minimum Net Monthly Income: Rs 15,000

-Maximum loan available: Rs 15 lacs


Documents Required for Personal Loan:

-Application form

-Photograph

-Age proof

-ID proof

-Income proof

-Bank statement

-Residence proof

-Signature verification proof


Post Sanction / Pre Disbursement Documentation

-Loan Agreement duly signed

-Standing Instruction (SI) Request / ECS Form / Post Date Cheques (PDCs). Security Cheques required for SI and ECS


Interest Rates & Charges

Rate of Interest: 15.50% to 24%

Loan Processing Charges: 1.50% to 2.00% + Service Tax as applicable

Cheque Bounce Charges: Rs. 500 per cheque bounce + Service Tax as applicable

Cheque/ Instrument Swap charges: Rs.500 per instance + Service Tax as applicable

Prepayment/ Forclosure Charges: Nil

Default Interest Rate: @24.00% per annum i.e 2% per month on the overdue instalment


Duplicate Interest Certificate(Provisional/ Actual) issuance Charges: Rs 250 per instance + Service Tax as applicable

Cibil Report Issuance Charges

Stamp Duty Charges Rs. 50/- per instance per set+ service tax as applicable

As per State Stamp Act
Issuance Charges for Photocopy of Loan Agreement/ Documents Rs 250 per instance + Service Tax as applicable