Home
Personal Loan
Indian Bank
Indian Bank Salaried Employee Personal loan

Indian Bank Salaried Employee Personal loan

Personal Loan By Amount
Personal Loan By Profession
Personal Loan By Other
Personal Loan By Scheme

Indian Bank's Salaried Employee Personal Loan extends its financial solutions to all salaried individuals. With competitive interest rates, flexible repayment terms, and a hassle-free application process, this loan caters to the financial needs of any salaried individual with a regular income. Offering swift processing and transparent fee structures, it is a reliable source of financial support for those seeking to meet personal expenses efficiently.

Get in Touch for Personal Loan Expert Advice

Connect with our Personal Loan Advisor Now!

Personalized Personal Loan solutions
Expert guidance
Application assistance
Credit score discussion
Personal Loan Interest rate comparison

Full Name

+91Mobile No.

Choose City

I agree to the Terms and Conditions of TUCIBIL and hereby provide explicit consent to share my Credit Information with Urban Money Private Limited.

Table of Content

1. Indian Bank Salaried Employee Personal Loan

2. Compare Indian Bank Salaried Employee Personal Loan with Other Banks

3. Indian Bank Salaried Employee Personal Loan Fees and Charges

4. Indian Bank Salaried Employee Personal Loan Documents Required

5. Indian Bank Salaried Employee Personal Loan Eligibility Criteria

Written By

Utsah Sharma

Utsah Sharma is a seasoned financial expert with a Master’s Degree in Commerce specialising in Financial Services, Investments, Loan Assessments, Mutual Funds, Banking & Loan products. Drawing on her experience, she has established herself as a trusted voice, providing invaluable insights and guidance to seasoned investors and beginners. She is committed to breaking down the complexities of everything finance.

Reviewed By

Amit Prakash Singh

Co-Founder, Square Yards & Chief Business Officer, Urban Money

Amit Prakash Singh is the Chief Business Officer at Urban Money. With over nine years of experience at Square Capital, he has played a crucial role in establishing it as one of India's premier loan advisory services. Amit's deep financial insights and extensive knowledge have driven significant business growth and strategic advancements. He has successfully built and managed large sales teams, optimised costs, and created leaders within the industry. Amit's financial expertise and strategic vision are key to the ongoing success and expansion of Square Yards and Urban Money.

Indian Bank Salaried Employee Personal Loan

The following outlines the key highlights and features of the Indian Bank Salaried Employee Personal Loan.

Interest Rate	Starting from 8.50% per annum
Maximum Loan Amount	Up to 20 times the monthly gross salary
Maximum Loan Tenure	7 Years

Compare Indian Bank Salaried Employee Personal Loan with Other Banks

Below is a table comparing the personal loan options for salaried employees provided by Indian Bank with those offered by other banks.

Lender	Interest Rate	Loan Amount	Loan Tenure
IndusInd Bank	10.49 p.a. onwards	Up to Rs 50 lakh	6 years
Bank Of Baroda	12.15% p.a. onwards	Up to Rs 20 lakh	7 years
IDBI Bank	9.50% p.a. onwards	Up to Rs 5 lakh	6 years
Yes Bank	10.99% p.a. onwards	Up to Rs. 40 lakh	5 years
Tata Capital	10.99% p.a. onwards	Up to Rs 35 lakh	6 years

Indian Bank Salaried Employee Personal Loan – Fees and Charges

The following table details the fees and charges applicable to the Indian Bank Salaried Employee Personal Loan.

Fee/Charge	Amount
Processing Fee	1.00% on the Loan amount

Indian Bank Salaried Employee Personal Loan – Documents Required

To initiate the Indian Bank Salaried Employee Personal Loan application process, one needs to provide various documents as per the bank’s requirements:

Proof of Income
Proof of Employment
Address Proof
Identity Proof
Bank Statements: Bank statements for the last few months showing salary credits, Account statements for any existing loans or liabilities

Indian Bank Salaried Employee Personal Loan – Eligibility Criteria

To avail of the Indian Bank Salaried Employee Personal Loan, one should meet the following eligibility criteria

The Indian Bank Lakh Personal Loan is available for salaried employees.
Eligibility criteria typically include a minimum service/experience requirement of 2 years and a minimum age requirement of 21 years.
Providing accurate proof of income, employment, and KYC documents is essential for loan approval.