Catholic Syrian Bank Personal Loan Interest Rates
Catholic Syrian Bank Personal Loan main purpose is to meet all types of personal necessities of the applicants. You can utilize the loan amount to pay-off the education fees of your children or maybe for your daughter’s marriage etc.
Personal Loan – Quick, Easy & Instant Online Approval
| Eligibility | · Salaried Individuals
· An individual must have a minimum service of at least 3 years in a reputed organization. |
| Quantum of Loan | · The quantum of loan per employee must be 10 times of the gross monthly salary.
· The total deduction of the loan repayment which includes the installments of the loan amount must not exceed 50% of the gross salary. |
| Tenure | The maximum time period is 60 months |
| Interest Rates | 12.00 – 19.00% |
| Guarantee | The applicant must at least provide with a personal guarantee of a confirmed employee acceptable by the bank. |
| Repayment Option | You can repay the loan amount through EMIs. |
| Processing fees | 1% processing fee is charged of the outstanding balance/DP whichever is higher |
| Document Required | · Identity Proof
· Address Proof · Latest salary slip or certificate (with date of superannuation or document evidencing remaining period of service of the applicant). · Bank Statement of the recent 6 months · Proof of employment · Undertaking from salary disbursing authority. |