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.