IDBI Bank Personal loan is available for personal expenses such as wedding, home renovation, education of children, travel, hospitalization, medical contingency, debt consolidation, and other unforeseen circumstances. You can borrow up to Rs. 5 lakhs, starting at 13.59%. The tenure is flexible up to 5 years. There is a facility to prepay and foreclose the loan. The loan schemes are offered to salaried individuals, pensioners, and self-employed people.
In this post, we will discuss IDBI Bank personal loan features, eligibility criteria, interest rates, types of loan schemes, and frequently asked questions.
Here are the features:
The bank offers personal loans to salaried people, pensioners, and self-employed professionals (SEPs). Here are all who can apply:
Here are the details:
Here is how the IDBI Personal Loan Interest Rates are distributed across different customer categories:
Apart from the standard personal loan scheme for salaried people, self-employed professionals, and pensioners, the bank offers two other products:
Here are the FAQs:
Here are documentation norms:
Disclaimer: Information is gathered from secondary sources and meant for reference only. Loanbaba is not a channel partner of IDBI Bank.
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