Indian Overseas Bank Personal Loan Interest Rates
Get Instant Quotes Online on ✔ Latest Interest Rates ✔ Documents ✔ Monthly EMI ✔ Loan Amount ✔ Processing Fees ✔ Pre-Payment charges ✔ Customer Care number.
IOB Personal Loan is helpful, for any purpose including any social / financial commitment, To purchase of Consumer durables, included all electrical and electronics, wooden and metal furniture etc.
About Indian Overseas Bank : How it began IOB was founded on February 10th 1937. IOB expanded its domestic activities and enlarged its international banking operations.
Quick Apply For Personal Loan
Indian Overseas Bank Personal Loan Details
| IOB Personal Loan Interest Rate, eligibility and more | |
| Interest Rates | 11.75% |
| Eligible Borrowers | All individuals with regular income is more than Rs.5000/- |
| Age Limit | 60 Years |
| Loan Amount | Rs.5.00 lacs. |
| Repayment | Up to 60 months |
| Pre payment charges | NIL |
| Customer Care | 1800 425 4445 (24 x 7) |
| IOB – Clean Loan | |
| Interest Rates | 13.40% |
| Eligible Borrowers | Employees in Government, Public Sector Undertakings, reputed private enterprises, firms, companies etc. and confirmed in service. |
| Loan Amount | Rs.15.00 lac |
| Repayment | U p to 60 months |
| IOB Special Personal Loan to HNI/VIP | |
| Purpose | To finance for the purchase of Household goods etc. |
| Interest Rates | 11.65% (0.50% Int Concession for Women Borrowers)(1% Int Concession if 100% Collateral Security is given) |
| Loan Amount | Up to Rs.25.00 lacs. |
| Eligible Borrowers | Any Individual whose regular income is more than Rs.75000/- with 2 years of service in the same organization |
| Age Limit | 25-60 Years |
| Repayment | Max. Repayment is 12-72 EMIs |
| Pre payment charges | NIL |
| Security |
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Indian Overseas Bank Personal Loan Documents
- Pr
- Application form
- Salary certificate of applicant and guarantor with deduction particulars
- Undertaking letter from employer to deduct monthly installment and recover the dues from terminal benefit in case of necessity.
EMI Calculator for IOB Personal Loan
Pre calculated emis for for personal loan at different various loan amount. An equated monthly installment (EMI) is a fixed payment amount are used to pay off both interest and principal each month over a specified number of months.
| Loan Amount | Tenure In Years | Interest Rate | Monthly EMI | Total Amount | Total Interest |
| 100000 | 3 | 11.75% | ₹3,309.50 | ₹1,19,142.11 | ₹19,142.11 |
| 150000 | 3 | 11.75% | ₹4,964.25 | ₹1,78,713.17 | ₹28,713.17 |
| 200000 | 3 | 11.75% | ₹6,619.01 | ₹2,38,284.23 | ₹38,284.23 |
| 250000 | 3 | 11.75% | ₹8,273.76 | ₹2,97,855.28 | ₹47,855.28 |
| 300000 | 3 | 11.75% | ₹9,928.51 | ₹3,57,426.34 | ₹57,426.34 |
| 350000 | 3 | 11.75% | ₹11,583.26 | ₹4,16,997.40 | ₹66,997.40 |
| 400000 | 3 | 11.75% | ₹13,238.01 | ₹4,76,568.45 | ₹76,568.45 |
| 450000 | 3 | 11.75% | ₹14,892.76 | ₹5,36,139.51 | ₹86,139.51 |
| 500000 | 3 | 11.75% | ₹16,547.52 | ₹5,95,710.57 | ₹95,710.57 |