• Interest Rate (p.a.)

    14.5% - 17.5%

  • Loan Tenure

    1 - 7 Years

  • Approval Duration

    3 Days

  • Min. monthly income

    Rs 25,000.00/-

Loan calculator
Loan amount
Rs
Loan Tenure
year
Monthly SalaryRs 25000
Interest Rate (p.a.)

0%

Monthly Repayment

0/-

Total Interest Payable Rs 0.00
Total Amount Payable Rs 0.00
Benefits of Commercial Bank Personal Loan
  • Loans to fund any personal requirement you may have.
  • Extremely competitive low interest rates.
  • Easy and convenient application process
  • 3 days loan approval.

Product Features

Min. Financing Amount Rs 100,000.00/-
Max. Financing Amount Up to
Min. Loan Tenure 1 Year
Max. loan tenure 7 Year
Interest rate Fixed rate of 14.5% - 17.5%
Approval duration 3 Days

Fees & Charges

Set up Fees
Processing Fee N/A
Stamp duty N/A
Annual fee N/A
Other fees N/A
Penalties
Early settlement N/A
Late payment charges N/A
Other penalties N/A

Eligibility & Requirements

Employment Eligibility
  • Need to be a confirmed employee of an organization acceptable to the Bank.
  • You mush have minimum of one year in confirmed employment.
Open Linked Banked Account
  • Your regular income should be directed to an account at Commercial Bank (which could be opened for this purpose) from which the monthly payments could be deducted.
Fixed Interest Personal Loan
  • You much have minimum salary or your regular monthly income should be Rs 50,000/- (Basic salary + fixed allowances), to apply for a Fixed Interest Personal Loan.
Age Limit
  • Between 18 and 60 years.