Features: The bank offers personal loans for salaried as well as self-employed individuals. The loan can be utilised to meet personal expenses like marriage, family functions, medical expenses, travel etc., The maximum loan amount available is Rs. 1.5 lakh with a repayment of 36 months. Security such as LIC policies, NSC, KVIP, Shares etc. need to provided.
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Details of Bank |
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State Bank of Mysore (for Salaried) |
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Processing Fee: |
1% of loan amount |
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Prepayment Charges: |
2% of outstanding amount |
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Guarantor: |
Yes |
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Collateral: |
Yes |
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Personal Loan Comparator