Indian Bank Personal Loan Overview Amount: Upto 20 times of your net monthly income. Repayment Period: 5-7 years Interest Rate: 12-13% Processing Fee: INR 470
Application Process - Go to the personal banking section of the official website and click 'Apply Now.' - Click on 'Pre-approved personal loan.' - Enter your account number/ customer ID/ mobile number and submit. - Fill out the application form and upload the required documents. - Submit the form and wait for approval.
Eligibility Criteria - The candidate's age must be 21 to 60 years for salaried employees. - For self-employed professionals, the maximum age must be 65 years. - Must have a stable income & good credit history.
Documents Required - Proof of address and identity. - Latest salary slips, Form 16 & bank statements. - Employment certificate or appointment letter. - Recent passport-sized photographs. - Duly filled and signed application form.