☰
✕

Nainital Bank Personal Loan Interest Rates

Nainital Bank offers the customers a hassle-free method to avail persona loan benefits. On the other hand, the interest rates charged on the personal loans are very competitive and requires minimum documentation. The personal loan offered by Nainital Bank is called Naini Sahyog Loan, and the rate of interest charged with it is 15% on a yearly basis. The salaried individuals and the individuals from the profession like CAs, Doctors, etc can avail the benefits of this personal loan scheme.

Personal Loan Interest Rates by Nainital Bank as per 2017:

Particulars

Salaried

Self-employed

Rate of Interest

13.60% yearly

13.60% yearly

Loan Amount

Maximum: Rs.3 lakhs

Maximum: Rs.5 lakhs

Loan Tenure

Maximum: 60 months

Maximum: 60 months

EMI (Lowest)

Rs.2306.14/- per Rs.1 lakh loan amount (applicable for the maximum tenure of lowest loan amount)

Rs.2306.14/- per Rs.1 lakh loan amount (applicable for the maximum tenure of lowest loan amount)

Processing Fee

Depends on the bank

Depends on the bank

Age

Maximum: 60 years

Minimum: 21 years

Maximum: 60 years

Minimum: 21 years

Prepayment Charges

Minimum

Minimum

Foreclosure Charges

None

None
Importance of maintaining good CIBIL score for availing attractive returns on personal loan:

Your CIBIL score will depict your monthly income, your credit history, and your loan repayment capabilities. Nainital Bank will consider the mentioned factors before availing you the loan. If you possess a CIBIL score of 750, it is considered good, and you can easily avail the loan. Thus, you can maintain a good CIBIL score by paying all the remaining dues on time.

Nainital Bank Personal Loan Interest Rates key factors:

Personal Loan Interest Rates by Banks