Features: The bank gives personal loans for meeting personal/ family expenses such as marriage/education/family functions. The loan can also be used for purchase of consumer durables, gold etc. The loan is available for self-employed professionals as well as the salaried. The maximum loan amount is Rs. 1.5 lakh with an availability of overdraft limit. The maximum loan tenure is 60 months.
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Details of Bank |
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Oriental Bank of Commerce (for Salaried) |
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Processing Fee: |
0.50% of loan amount or min Rs 500 |
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Prepayment Charges: |
Nil |
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Guarantor: |
Yes |
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Collateral: |
Yes |
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Personal Loan Comparator