Abhyudaya Bank Personal Loan

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Loan Details
Personal Details

Abhyudaya Bank Personal Loan Details

Abhyudaya Bank 3.75 / 5.04 users

To run a smooth life one has to be financially strong otherwise a normal life can be disturbed. To bring life back on track we have the facility of personal loan which helps us in fulfilling our needs. Abhyudaya Bank is one of the banks in India which offers personal loan with a banking history of more than Five decades. Personal loan can be used for many purposes such as go on a vacation, medical expenses, wedding expenses, purchase of vehicles or household items, repaying an existing loan, home renovation etc.

Abhyudaya Bank Personal Loan Details Updated on
Loan Amount Rs.5,00,000
Loan Tenure 5 Years
Interest Rate 13.50% to 14.00%

Our website, Loanbaba.com provides all the information about Abhyudaya Bank personal Loan.

Why Choose Abhyudaya Bank Personal Loan?

  • The advantage of this loan is its same interest throughout the duration.
  • Simple documentation is needed and the personal loan in Abhyudaya Bank then gets processed faster.
  • The customers can pay off the loan in easy instalments every month and can repay it via auto debit or PDC or ECS.
  • You can check out Abhyudaya Bank personal loan eligibility and Abhyudaya Bank Personal Loan EMI calculator at Loanbaba.com.

Features of Personal Loans at Abhyudaya Bank

The following key points will help you understand the features and benefits of the personal loans:

  1. Choice of opting for loan amount and tenure
  2. An applicant can take a loan from Abhyudaya Bank up to Rs. 5 lakhs. The borrower has to pay off the loan with 84 EMIs. The bank offers you the flexibility to choose your tenure.

  3. Quick documentation process
  4. The bank has a straightforward documentation procedure since they go about it with internationally tested methods. All you need is a photo ID, verified signature, address proof and a document that declares your age. The same is submitted with the application, and you are ready to get the loans from the best banks in the world.

Why Apply for Abhyudaya Bank Personal Loan?

Loanbaba provides comprehensive information about personal loan schemes by Abhyudaya bank. Keep a note of this page to stay updated with recent information on this bank loan scheme. You can also quickly apply for Abhyudaya Bank Personal Loan online on the bank's official website without having to visit the bank branch. It is simple and easy, and you can upload all the required documents online. Disbursal is done at the soonest, and you can keep a track of your loan application on the website.

Abhyudaya Bank Personal Loan Interest Rates

Personal Loan Abhyudaya Bank interest rate ranges between 11% and 15%, but varies as per individual profile. Keep a check on this page to note the updated Abhyudaya Bank personal loan interest rate for the current year.

Abhyudaya Bank Personal Loan Eligibility Calculator

Personal loan eligibility may differ from one candidate to another. You can also use free-of-cost Abhyudaya Bank personal loan eligibility calculator at Loanbaba.com. The eligibility criteria for Abhyudaya Bank’s personal loan are discussed below:

  • The applicant for personal loan Abhyudaya needs to meet the age requirement and possess all necessary identity and income proof required to apply for the loan.
  • He/she meet the requirement for credit score and should not be under too many debts.

Types of Abhyudaya Bank Personal Loans

Abhyudaya Bank has personal loan schemes for professionals and salaried individuals. The amount taken as loan can be used for either multiple or specific purposes.

Abhyudaya Bank Personal Loan FAQs

Below provided are important questions about personal loan Abhyudaya Bank.

Eligibility for personal loan from Abhyudaya Bank:-

There are some criteria one has to fill while applying for loan from Abhyudaya Bank:-

  • Minimum Age– Minimum age should be Twenty One years.
  • Minimum required salary– Minimum required salary of an applicant should be minimum Six Thousand after deducting the EMI amount.
  • Security– In some cases applicant has to provide security against loan.
  • Employed– One should get regular salary and should be a permanent employee of a company or organisation. In case the applicant is self-employed or business man then he or she should have enough money to pay the loan amount.

The benefits of Abhyudaya Bank personal loan are mentioned below:

  • Multipurpose loan–Individual can use the personal loan for any personal need which is genuine. There is no strict guideline on making a personal loan in to multipurpose loan.
  • No margin– Abhyudaya bank does not take any margin on loan.
  • Simple process- One can get a personal loan without any complication because of its easy and simple process.

Additional facilities provided by the bank for personal loan are mentioned below:

  • Low membership fee- While applying for loan one has to pay membership fee which can be from hundred rupees to Two Thousand rupees.
  • Long repayment time period- One can pay back the loan in EMI with the time period of Five years.

Disclaimer: Information is gathered from secondary sources and meant for reference only. Loanbaba is not a channel partner of Abhyudaya Bank.

Abhyudaya Bank Personal Loan Review

Personal Loan
No compromises, best personal loan in Delhi service by Abhyudaya bank.
Personal Loan
Abhyudaya bank provided me an instant response in regards to my personal loan application. The processing charges were minimal. It is a trusted service from their team.
Personal Loan
My experience with Abhyudaya bank for personal loan in Bangalore was a good one. My schedule was so hectic that I chose to apply online for the loan at loanbaba and was not disappointed by either of their service. Both loanbaba and Abhyudaya were professional in their service.
Mumbai 23 July 2021
Personal Loan
Personal loan by Abhyudaya bank was perfect, but the turnaround time is something they can work upon.
Mumbai 22 July 2021

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