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 24th January 2020|
|Loan Tenure||5 Years|
|Interest Rate||13.50% to 14.00%|
The following key points will help you understand the features and benefits of the personal loans:
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.
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.
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.
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.
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:
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.
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:-
The benefits of Abhyudaya Bank personal loan are mentioned below:
Additional facilities provided by the bank for personal loan are mentioned below:
Disclaimer: Information is gathered from secondary sources and meant for reference only. Loanbaba is not a channel partner of Abhyudaya Bank.