The Punjab and Sind bank is a renowned bank in India. It has complete financial products to offers. Among them, there is also a personal loan. So, today we will check out offers provided by Punjab and Sind Bank personal loan 2021.
The details will mention the loan amount, eligibility criteria, etc. based on it, you could decide whether to apply or not.
Punjab and Sind Personal Loan
The Punjab and Sind personal loan 2021 comes with a reasonable rate. The high loan amount and flexible tenure.
The loan amount is offered up to Rs 3 lakhs.
The Punjab and Sind Bank personal loan interest rate starts at 9.50% P.A
The loan tenure is from 1 year to 6 years.
The processing fee is 1% of the loan amount.
The pre-payment charge is decided by the bank.
The part-payment charge is decided by the bank.
The lowest EMI is Rs 2,301 per lakh.
The interest rate is fixed in the entire tenure.
The stamp duty will be as per the state.
The penal interest and cheque bounce charge will be as per the bank.
What is the eligibility criteria for Punjab and Sing personal loan 2021?
The age criteria is between 21 years and 58 years to apply.
The minimum should requirement is from Rs 15,000 to Rs 25,000 per month.
You should be a salaried, self-employed person or a pensioner.
The ideal credit score should be 750.
Required Documents for Punjab and Sind Personal Loan 2021
Proof of Identity – Passport, driving license, Aadhar card
Proof of Address – Rent agreement, ration card
Proof of income – salary slip and bank statement for the past 3 months
How to apply for a personal loan?
To apply for personal loan of Punjab and Sind bank, head to Afinoz.com. Provide your info. A representative will contact you to complete the process.
Conclusion
The Punjab and Sind Bank personal loan 2021 has low charges which is a good thing. Overall the cost would be less compared to other lenders. It makes it an interesting lender. You should go ahead with it.
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