Indian Bank Personal Loan - http://www.loansandcredits.in/indian-bank-personal-loan/
[vc_section][vc_row][vc_column][vc_column_text]

Apply Personal Loan

Apply Personal Loan :- Loan amount from Rs.1 lakh up to Rs.20 lakhs Convenient loan repayment option of 12 to 60 months No security or collateral required to avail this loan Simplified and quick documentation Attractive interest rates Hassle-free loan sanction and disbursal procedure[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width="1/2"][contact-form-7 id="3299" title="PL-loansandcredits.in"][/vc_column][vc_column width="1/2"][vc_column_text]

 

Indian Bank Personal Loan

Purpose / Objective

To meet any expenses like Medical, Education, Family & Domestic Functions, Marriage etc

Target Group

* Central & State Government Pensioners, Family Pensioners, Re-employed Pensioners, Indian Bank Retirees (both under VRS & superannuation) whose Pension SB accounts are maintained at our Bank’s Branch.
* CRS retirees and EPF Pensioners are not eligible for pension loan.

Amount of Loan

Regular Pensioner

15 months` pension subject to a maximum of Rs.6.00 lakhs

Family Pensioner:

12 months` pension subject to a maximum of Rs.2.00 lakhs

Age Group

 

Type of Pensioner	Max Entry level age	Max Exit level age
Regular Pensioner	75	78
Family Pensioner	70	73

Margin

Nil

Processing fee

Nil for Loans upto Rs.25000/-. Rs.255/- for Loans above Rs.25000/-

Interest Rates

Please see the Lending Rates link on Bank website home page

Repayment

Regular Pensioner: Maximum 60 months subject to exit age at 78 yrs
Family Pensioner: Maximum of 36 months subject to exit age at 73 yrs

Security

Guarantee of spouse eligible for family pension.
• If spouse is not available, suitable guarantee from legal heir or family member / third party guarantee – acceptable to Bank.

Other terms and conditions

• Where Branch is receiving credit of Pension only - Pensioner’s portion of PPO should be retained with documents. The Pensioner should furnish an irrevocable undertaking that he / she will not shift pension credited account to other banks during the currency of our pension loan.
• Where Branch is disbursing & crediting pension - A Xerox copy of Pensioner’s half to be kept with documents[/vc_column_text][/vc_column][/vc_row][/vc_section][vc_section][vc_row][vc_column][vc_empty_space][/vc_column][/vc_row][/vc_section][vc_section][vc_row][vc_column][vc_column_text]

Loan EMI Calculator

[emicalc format="full"][/emicalc]

[/vc_column_text][/vc_column][/vc_row][/vc_section][vc_section][vc_row][vc_column][vc_headings borderclr="#000000" title="Loansandcredits.in offers Personal Loans to Salaried inhabitant people keeping in mind the end goal to meet prompt money prerequisites. Presently, lead life the way you need with adaptable and fast advance choices." titleclr="#000000"][/vc_headings][/vc_column][/vc_row][/vc_section]