What is the interest rate of personal loan in IDBI Bank?
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What is the interest rate of personal loan in IDBI Bank?
9.50%-14.00% p.a.
IDBI Bank Personal Loan
| IDBI Bank Personal Loan Highlights | |
|---|---|
| Interest rate | 9.50%-14.00% p.a. |
| Tenure | 1-5 years |
| Processing Fees | 1% of loan amount subject to maximum of Rs 2,500 |
| Minimum Salary | Rs 1.8 lakh p.a. for salaried |
Can I get loan from IDBI Bank?
Salaried class individuals having Savings bank account with any of the branch of IDBI Bank can apply for personal loan. Salaried Individuals having saving bank account i.e. liability relation with bank for 3 years or preferred customers having one year banking relation with us.
Which bank has lowest interest on loan?
Lowest personal loan interest rates
| BANKS | Personal Loan Amount (Rs) | RoI (%) |
|---|---|---|
| IDBI Bank | >=25000 and <=5 Lacs | 8.15% – 14.00% |
| Punjab National Bank | Upto 10 Lacs | 8.30% – 14.85% |
| Bank Of Baroda | >=50000 and <=10 Lacs | 8.65% – 16.00% |
| Indian Bank | >=50000 and <=5 Lacs | 8.90% – 9.40% |
How much personal loan can I get if my salary is 18000?
Illustration- Mr A who is 25 years old has a net income of ₹ 18,000. He wants to take a personal loan of ₹ 1 Lakh for 60 months. Yes Bank allows a maximum FOIR of 0.45. Based on the information provided by the applicant the maximum amount he is eligible for is ₹ 3.77 Lakh.
What is the eligibility for personal loan in IDBI Bank?
All salaried customer having corporate salary account account with IDBI Bank. All Confirmed/permanent employees of State/Central/ PSU/ Departments, Multi National Companies, Listed Companies, Reputed Pvt Ltd Companies with or without existing relationship with IDBI Bank.
Who bank gives maximum interest?
IDFC First Bank offers the highest FD interest rate of 6.25% p.a. which is for a tenure of 5 years and above for the general public. For senior citizens, the interest rate is up to 6.75%. The second highest interest rate is 5.75% p.a. which is offered by Axis Bank and HDFC Bank for a tenure of 5 years and above.
Can I get a home loan if my salary is 15000?
If you are a salaried individual, then you can be eligible to get a housing loan up to 60x your net monthly income as a rule of thumb. So, if your net monthly salary is Rs. 15,000, you can get a home loan up to approximately Rs. 9,00,000.
Can I get home loan with 16000 salary?
While salary and good credit score are the major criteria, the lender also prescribes a minimum income requirement, which may vary among different lenders. Although Rs. 16,000 will qualify with certain lenders, some may not approve your loan application especially if you live in metro cities.
