A subsidiary of State Bank of India, State Bank of Travancore is one of the most influential financial institutions in the country offering the customers with a wide range of banking products and services. The personal loan offered by State Bank of Travancore comes with attractive interest rates and can be easily availed by the individuals. With State Bank of Travancore Personal Loan, one can meet with his/her financial requirements and commitments.
Five years is the maximum loan repayment period offered by the bank although, depending on the personal loan scheme availed by the individual, it may vary.
The rate of interest calculated with State Bank of Travancore Personal Loans varies from 12.9%-13.9% on a yearly basis and it will be different for different individuals depending on their loan repayment capacity and monthly income.
Seven years is the maximum loan term provided with this personal loan scheme where after one month of personal loan disbursal, the repayment is scheduled.
Five years is the maximum loan term provided with this personal loan scheme where the pensioner has to repay the loan amount before he/she hits the age 80.
Three years is the maximum loan term provided for the family pensioners and five years is the maximum loan term provided for the normal pensioners.
Five years is the maximum loan repayment period attached with this personal loan scheme.
The bank may ask for additional documents based on the applicant’s personal loan type.