Iob Personal Loan
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.
Processing Fees: Rs 204 per lakh or part thereof
Prepayment Charges: 1% of outstanding amount
Max Tenure: 3
Min-Max Age: 18-60
| Plan | Interest Rate Min | Interest Rate Max | EMI | Processing Fee |
|---|
Indian Overseas Bank
12.75
12.75
3357
Rs 204 per lakh or part thereof
| Indian Overseas Bank | 12.75 | 12.75 | 3357 | Rs 204 per lakh or part thereof |


