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City Union Bank Personal Loan Interest Rates

City Union Bank provides personal loans as per the tenures that too at a reasonable rate of interest. This is possible because while deciding the rate of interest for a personal loan the bank keeps in mind all the aspects like repayment capability, income and eligibility. The interest rate charged by the City Union bank is 16.50% on the personal loans. But it can be changed anytime without notification.

Table comprising City Union Bank personal loan interest rates

Processing fees

1.25% of the entire loan amount.

Base Rate

11.00% w.e.f. 01-10-2013

EMI per lakh (based on lowest interest rate)

Rs. 2,458

Loan tenure

36 Months (Maximum)

Interest rates

16.50 (Base rate plus 5.50% )

Loan amount

Maximum amount: 10 months net salary and subject to maximum of RS.50000
Prospects encountered while setting up the personal loan rate of interest

Personal Loan Interest Rates by Banks