Personal loans can be used for any personal expenses and don’t have a designated purpose. This makes them an attractive option for people. Like other loans, personal loan terms depend on the customer’s credit history.

Features and Benefits of Bank Personal Loan

• Personal loans are available for A- class or D- class members of the Bank.
• The maximum loan amount is Rs.1,00,000 and up to RS. 50,000 loan will be provided if 2 personnel surety has been submitted, one of them have a document pledged loan without overdue from our bank.
• If the amount is grater than 50,000 Any government employee salary recovery certificate has to be submitted.
• Interest is charged on a daily reducing balance method.
• Share linkage is at 2% of the loan amount.

Interest Rates