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Posted On :- 24/03/2008
 
Question Asked :-  
 
My husband is a bank employee and he has been sanctioned a home loan of Rs.15 lacs. But we are short of 3 lacs for purchasing a flat. Can we take personal loan from other bank ? If yes what is the eligibility ? which is the bank offering the lowest interest rate for personal loan. His salary is Rs.22,000/- p.m.  
 
Answer :-  
 
There is no such thing like best bank or banks offering lower interest rates on personal loan. Your husband can get a personal loan of Rs 2.5-3 lakh. But his existing loan will have an impact on his personal loan amount. Alternately he can also raise a loan against securities such as mutual funds, shares, LIC policies, NSC's with high surrender value, jewellery. Typically secured loan have a lower rate of interest and longer tenure compared to personal loan.  
 

Personal loan query listing
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Qid Question
14080   hi,....this is dinesh.......as heard about apna loanes ...i need a
14064   What is the procedure to get a personal loan?
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13961   i need a loan but how can i apply
13958   how get loan
13950   conditions$appliucability of personal loan
13923    i need business loan, how i can recive it
13863   i want to take out jewellery as it is kept under someone
13862   i want loan for Starting my stock broking business.
13842   I wish to repay my balance loan amount against Loan No LADEL 000052
13838   how to apply & easily get it
13822   I WANT EDUCATIONAL LOAN TO FUND MY EDUCATION
13804   Which bank offering less intrest rate on personal loans
13799   are PSU Banks giving personal loans and which one is the best Bank
13780   I need a personal loan to pay education fees and renew my house and
13745   i want a personal loan to met with my wedding of my brother and i a
13602   i want to take a personal loan . which bank is best either it is pu
13558   what is the minimum salary to get the personal loan
13545   i have left my job 2 months back.i am planning to start a home base
13513   i have already 3 loan (i.e. 58000 end on dec 2008, 70000 dec 2009 &
13434   i am intrestred to personal in 1 laks mi i salired net income 5328.
13425   I am aditya khetan, age 26 yrs, living in jaipur, doing gems &
13387   hi i am in this job just for 3 motnhs and i dont have local address
13361   WHAT'S THE REQUIREMENT OF THIS TYPE LOAN
13338   I am working for TCS and my income is 55000 /month. Which bank can
13312   HOW CAN I APPLY FOR PERSONAL LOAN AND WHAT ARE THE DOCUMENT REQUIRE
13301   I live in A village.I am aGovt. Employee.I have bank A/C in S.B.I.
13278   I wanna know that I'll be able to geta personal loan or not and tha
13266   how t get personal loan for the purpose of starting a business?
13227   which bank is providing personal loans what is the rate of interest
13204   hi i need personal loan but my monthly net salary RS 7500/- loan
13201   what papre are required
13138   i want to loan for investment so i have required lots of money
13072   Ineed a loan. But I have no Property But I can give the security t
13045   I have changed my current last month at an increment. can i take an
12962   Want to wheather i am able to take Personal Loan from SBI or not be
12947   my name is vishal looking for personal loan. as i m working in airt
12944   I require a personal loan of Rs. 3 lacs with repayment period sprea
12916   i want personal loan which is d perfect bank suitable 4 me?
12862   Which bank is giving Personal Loans at cheaper ROIs ?
12846   I WANT TO AVAIL PERSONAL LAON FOR PURCHASING DURABLE ITEMS
12828   I have no land line phone. Is personal loan not eligible?
12815   Which bank provides the personal loan at least interest rate?I am i
12794   loan amount 100000.00 interest 12 to 14% Per annum.
12748   what criteria u want for parsonal loan
12728   What is the normal interest rates for personal loans for a period o
12634   i need to open new browsing center in center place of tirupur city,
12629   Hi, i am an expat working in bangalore as the retail director for p
12626   If an individual's name is in CIBIL and SATYAM list,can banks still
12611   can i close personal loan within 6 months
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