Personal Loans with Vijaya Bank, Apply In Good Rates

Purpose:

• For the purpose of meeting short term needs

Eligibility:

• Salaried persons, Pensioners

Age Limit:

• Age between 21 to 55 years (Left over service to be minimum of 2 years)
• Pensioners Exit Age: 72 years old

Quantum:

• Last 18 months average net take home salary, with the maximum of 6.00 lakhs
• Maximum of loan amount Rs. 200000
• For pensioners’ eligibility loan amount: 18 months gross Pension

Rate of Interest:

• For pensioners: Base rate + 3.05
• For others: Base rate + 4.05

Payment Period:

• Up to 60 months equated monthly installments

Guarantor:

• Suitable third party having good net worth acceptable to the bank
• Spouse guarantee waived, however third party guarantee is needed

Service Charge:

• Vijaya bank charges 0.55% of loan amount or Rs 2,000 for personal loan.

Pre sanction Documents for personal loan:

• Latest salary certificates of the applicants
• Two passport size photographs
• Identity Proof: Voter’s Id, Passport, Driving License
• Residence address proof:Ration card, Electricity Bill, Passport
• Statement of account of the applicant
• Co-applicant for the past one year from their present Bankers
• Salary slips for the last three months of the applicant for salaried person
• Bank statement for the last three months
• Latest IT return for 2 Years for salaried Professionals, businessmen, self employed applicant

If you have the interest in Personal loan in Vijaya Bank, get in touch with us.