![]() ![]() Sector Undertakings, & Educational Institutions of National Repute, Listed Public Limited Company having external rating “A” & above / Joint Silver : Employees of Central / State Govt. Gold: Same target customers as mentioned in Silver Category, however, salary Linked with CIBIL Score of the individual Govt Employees / defence personnel maintaining salary account with our Bank Loan amount above Rs.2.00 lakhs for Employees of Pvt Ltd Co / Public Ltd Co / Trust / LLP, Insurance Agent, Self Employed, Professionals (Doctors / Engineers / Architects etc): Satisfactory account relationship with our Bank for at least 6 months.2 lakhs for Employees of Pvt Ltd Co / Public Ltd Co / Trust / LLP, Insurance Agent, Self Employed, Professionals (Doctors / Engineers / Architects etc): Satisfactory account relationship with other bank for at least 6 months. PSUs / Autonomous Bodies / Joint Sector Undertakings & Educational Institutions with national repute (with minimum continuous service for 1 year and having salary account with other Bank)-Ĥ0% of GMI to 70% of GMI depending upon the income of the applicant. Penal interest shall be levied on loan outstanding amountĮmployees of Central/State Government / PSUs / Autonomous bodies / listed Public limited with external rating A & above / joint sector undertakings & Educational Institutions with national repute (with minimum continuous service for 1 year and having salary account with our Bank)-Įmployees of Central / State Govt. Rs.0.50 lakh for Rural & Semi-Urban Branch Rs.20.00 lakhs (it is linked with borrower’s occupation and account relationship with Bank).For non-salaried persons: Age of borrower plus repayment period should not exceed 65 years. ![]() ![]() For salaried persons: Age of borrower plus repayment period should not exceed retirement age or 60 years whichever is lower.Staff members and NRI/PIO are not eligibleĪpplications to be considered on individual basis only.Self-employed business persons with minimum 1 year stable business.and management consultants, practicing company secretaries, etc.) with minimum 1 year stable business. Self-employed professionals (doctors, engineers, architects, interior designers, tech.Insurance agents doing business for minimum of last 2 years.Employees of Private limited Companies, Trust, Limited Liability Partnership - with minimum continuous service for 1 year.Employees of central/state Government/autonomous bodies/public/joint sector undertakings, public limited companies/MNCs & educational institutions with minimum continuous service for 1 year.Employees who maintain salary account with Bank of Baroda: NILįor others: it ranges from 1.00% of loan amount to 2.00% plus GST, subject to The processing charges for personal loan are calculated asįor Govt.Minimum Rs.1.00 lakh for Metro & Urban Branch Rs.0.50 lakh for Rural & Semi-Urban Branch Maximum Rs.20.00 lakhs (it is linked with borrower’s occupation and account relationship with Bank).The maximum age to apply for personal loans is 60 years for salaried and 65 for non-salaried persons at the end of the repayment period. Applicants need to be at least 21 years of age to be eligible for a personal loan, while co-applicants are not allowed.Similarly, self-employed professionals or business persons who want to apply for personal loans need to have their business or practice for at least one year. To apply for a personal loan, applicants can be employees of government bodies or private companies with minimum continuous service of one year.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |