Apply for Personal Loan

Preliminary Information
Personal Details ( Please enter your name as per PAN card )
Permanent Address (Same as above)
Employment Details

Vijaya Bank Personal Loan Details

Abhyudaya Bank 3.75 / 5.04 users

Vijaya Bank has been offering Personal Loans that enable borrowers to finance their personal expenditures. Personal Loan from Vijaya Bank is called “V Cash”.

Vijaya Bank Personal Loan Details Updated on
Loan Amount Rs.50,000 to Rs.600,000
Loan Tenure 5 Years
Interest Rate 12.50% to 13.50%

Why Choose Vijaya Bank Personal Loan?

  • The advantage of this loan is its same interest throughout the duration.
  • Simple documentation is needed and the personal loan in Vijaya 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 Vijaya Bank personal loan eligibility and Vijaya Bank Personal Loan EMI calculator at

Features of V Cash:

  • Salaried individuals and pensioners can avail this loan.
  • This loan helps borrowers at the hour of short-term financial requirements and expenditures such as wedding, home repair, purchase of a vehicle, educational purposes, office or shop renovation, medical expenses, vacations, starting or expanding a business, etc.
  • Those who are 21 years of age or more are eligible for this loan. The upper age limit is 55 years, provided the borrower has at least 2 years of service remaining. In case of pensioners, the exit age is 72 years.

Why Apply for Vijaya Bank Personal Loan?

Loanbaba provides comprehensive information about personal loan schemes by Vijaya Bank. Keep a note of this page to stay updated with recent information on this bank loan scheme. You can also quickly apply for this 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.

Vijaya Bank Personal Loan Interest Rates

Vijaya Bank Personal Loan interest rate is MCLR 1 Year + 4.25% = 12.90% per annum. Keep a check on this page to note the updated interest rate for Vijaya Bank personal loan.

Vijaya Bank Personal Loan Eligibility

  • The maximum amount of personal loan that can be granted depends upon the salary of the individual, in case of salaried applicants. The amount is usually equivalent to the applicant’s average net take-home salary of previous 18 months, the upper limit of the loan amount being Rs 6 lakhs. In case of pensioners, the maximum loan amount depends on the applicant’s monthly pension. The amount is equivalent to the gross pension of previous 18 months, the upper limit of the loan granted to pensioners being Rs 2 lakhs.
  • In case of salaried employees, guarantee of a spouse is not needed. Only a 3rdparty guarantee where the 3rd party has sufficient net worth is enough for the applicant to avail the personal loan.

Types of Vijaya Bank Personal Loans

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

Vijaya Bank Personal Loan FAQs

Below provided are important questions about personal loan Vijaya Bank.

Some pre-sanction documents are needed before the bank grants the loan. These documents include the certificate of the applicant’s last drawn salary. This requires the salary of the applicant to be credited to a salary account that has been maintained with the bank for at least the preceding 6 months.

The personal loan Viajaya Bank must be repaid within tenure of 60 months or 5 years.
In case of a pensioner, the spouse acts as a guarantor until and unless they are separated or the spouse is no more. In such cases, a 3rd party guarantee is needed, provided the bank perceives the net worth of the 3rd party to be sufficient.

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

Average user rating 4.6/ 5
80% Complete (danger)
80% Complete (danger)
80% Complete (danger)
80% Complete (danger)
80% Complete (danger)