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June 28th, 2016, 08:22 AM
Super Moderator
 
Join Date: Mar 2012
Re: State Bank Of Mysore Business Loans

As you want to apply for the Business Loans at the State Bank Of Mysore so the details are here:

State Bank Of Mysore Personal Loan

Eligibility

Age limits -

Minimum - 21 years
Maximum - 58 years

Income criteria (Net salary - Rs. 6000 or above) subject to at least 2 years of employment for Self-employed professionals

Salaried individuals under state/central governments, public or private companies and multinational companies

Loan Amount - A maximum loan amount of Rs. 1,50,000 can be availed as a Personal Loan from State Bank of Mysore (subject to the repayment capability of the loan hunter)

State Bank of Mysore Personal Loan Interest Rates

State Bank of Mysore Personal Loan Details
Interest Rate 16.85%
Processing Fees 1.00% of loan amount
Loan Tenure 36 months
Guarantor Requirement Guarantor required

Documentation needed to apply for an State Bank of Mysore Personal Loan

1. Signed application form with photograph
2. Copy of passport/voter ID card/driving license
3. Processing fee cheque
4. Last 3 months bank statement/6 months bank passbook
5. Documentation for salaried applicants:
Latest salary slip
Current dated salary certificate with the latest Form 16
6. Documentation for self-employed applicants:
Latest Bank statement
Latest ITR or Form 16

Contact address

Head Office
State Bank of Mysore
H .O.: K.G.Road,
Bangalore - 560254, INDIA.
Tel:+91-80-22353901 to 22353909 / 22353473.
Fax: +91-80-22283684
Toll Free Number : 1800 – 425 – 2244


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