Your Criteria : Multi-purpose Personal Loan Indian Overseas Bank

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Features: The bank offers personal loans to salaried as well as self-employed individuals. The loan can be used to buy consumer goods such as electrical and electronic goods, metal and wooden furniture. Electrical and electronic goods would include items such as Computer, TV, VCR, Washing Machine, Fax Machine, etc. One can get up to 5 times the gross monthly salary. The maximum loan repayment tenure is 36 months.

Indian Overseas Bank (for Personal Loan)
Interest Rate: 12.75
Loan Eligibility: 4.47 to 5.96
Emi: 3,357
Tenure 3
Age 30
Processing Fee: Rs 204 per lakh or part thereof
Prepayment Charges: 1% of outstanding amount
Guarantor: Yes
Security: No
Margin: DNA
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Indian Overseas Bank
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