The IDBI Bank is one of the top banks in India, offering credit and financial services. It has a wide India presence making it an attractive lender. Today, we will look at IDBI Bank personal loan 2021 to see what it has to offer.
What is the loan amount, the eligibility criteria and the required documents? Once you know these details, taking a decision would be easy.
IDBI Bank Personal Loan 2021
The IDBI Bank personal loan 2021 is available for both salaried and self-employed individuals for any unexpected financial requirement.
The loan quantity is offered up to Rs 5 lakhs.
The rate of interest starts at 8.30% per annum.
The loan payment tenure is up to 5 years.
The processing fee is up to 1% of the loan amount.
The foreclosure charge is between 1% and 2% of the loan amount.
The part payment charge is up to 2% of the outstanding loan amount.
The penal interest charge on the overdue amount is 4% per annum.
Features of IDBI Bank Personal Loan 2021
The application is stress-free and quick to complete.
The loan tenure is flexible, going up to 5 years.
There is also free personal loan accident insurance cover.
IDBI Bank personal loan 2021 also offer a top-up facility.
The Eligibility Criteria for IDBI Personal Loan
IDBI Bank personal loan eligibility criteria is different for salaried and self-employed individuals.
For Salaried Individuals
The minimum age should be 21 years.
For pensioners, the maximum age should be 75 years.
The minimum salary requirement is RS 1.80 lakh P.A.
The person should be employed in a private or government company.
For Self-employed Professionals
The age should be between 21 years and 60 years.
The minimum income should be at least 3.60 lakhs P.A.
There should be a liability relationship with the IDBI Bank.
Types of IDBI Bank Personal Loan 2021
Personal loan to salaried individual and self-employed professionals
Salary account with overdraft facility
Pension personal loan
IDBI Personal Loan Eligibility Calculator 2021
If you want to make sure about the criteria, use the IDBI personal loan eligibility calculator 2021. It is available on Afiinoz.com.
Required Documents for IDBI Bank Personal Loan
The documents requirement vary from person to person.
For Salaried Employees
Identity proof – A voter I.D. card, PAN card, Aadhar card, Driving license
Address proof – Rent agreement, ration card, Utility bill, passport
Credit information
Income proof- Bank statement for the last 6 months
Salary slips for the last 3 months
Employment certificate
For Self-employed Professionals
Proof of Identity – Aadhar card, PAN card, Driving license, voter I.D. card
Proof of address- Rent agreement, utility bill, passport
Qualification degree
ITR for the last 2 years, Balance sheet profit & loss statement
Business continuation proof
Form 16
IDBI Bank Personal Loan Customer Care
If you want to know, ask any question regarding the IDBI Bank personal loan 2021, contact their customer care at 1800 209 4324, 1800 200 1947 or 1800 22 1070. The email I.D. is customercare@Idbi.co.in.
How to apply for IDBI Bank Personal Loan
There are two methods to apply for IDBI Bank personal loan 2021. The first way is via going to the nearest branch. The second way is to apply online. Head to Afinoz.com. On it, begin by signing up. Then a representative will contact you to complete the process. Once it done, the loan amount will get disbursed.
Conclusion
The IDBI Bank personal loan 2021 offers a decent loan amount with lower charges and a competitive interest rate. The personal loan eligibility criteria is easy to qualify as well. Overall a good deal for you.
Comentarios