City Union Bank Personal Loan

Last Updated : March 18, 2025, 4:06 p.m.

Turn your dreams into reality by availing a personal loan from City Union Bank. A personal loan can fulfill many wishes like your child’s education, marriage, business extension, home renovation credit card debt, etc. The loan allows you to avail money instantly to meet all your requirements. By keeping in mind the customers' comfort, the City Union Bank Personal Loan product at one of the lowest personal loan interest rates starting from 11% p.a. And upto 16% p.a. The bank facilitates personal loan services with a hassle-free loan journey making it convenient for its customers.

To learn more about City Union Bank Personal Loan, kindly go through this article.

City Union Bank Personal Loan Interest Rates 2025

Eligibility Criteria For City Union Bank Personal Loan Application

These are some of the criteria you should fulfill before applying for the City Union Bank Personal Loan -

• The applicant’s age should be between 23 years and 60 years.
• A minimum CIBIL score of 731 is required.
• The applicant must have a stable and consistent income source.

Documentation Required for City Union Bank Personal Loan Application

These are the list of documents that are necessary while applying for the City Union Bank Personal Loan -

ID Proof:

• Aadhaar Card
• Passport
• PAN Card
• Voter’s Identity Card
• Driving License
• Ration Card
• Identity Card or confirmation from the employer/another bank (subject to the branch’s approval)
• ID issued by recognized educational institutions or postal authorities
• Letter from a recognized public authority or public servant (minimum rank of Tahsildar) verifying the customer’s identity and residence to the bank’s satisfaction
• NREGA job card signed by a State Government official.
• Letter from the Unique Identification Authority of India (UIDAI) containing the name, address, and Aadhaar number

Address Proof:

• Aadhaar Card
• Passport
• Voter’s Identity Card
• Driving License
• Recent telephone bill (not older than two months, installation should be at least six months old)
• Bank account statement
• Letter from a recognized public authority or public servant (minimum rank of Tahsildar) verifying the customer’s identity and residence to the bank’s satisfaction
• Latest electricity bill
• Ration Card
• Letter from the employer (subject to the bank’s approval)
• ID issued by postal authorities
• NREGA job card signed by a State Government official.
• Letter from UIDAI containing the name, address, and Aadhaar number
• Consumer passbook issued by a gas agency
• Registered rent agreement indicating the customer’s address

Documents to be Executed:

• Demand Promissory Note

City Union Bank Personal Loan EMI Calculator

An EMI is a sum of interest and principal which is payable each month on a personal loan. If a person is looking for a personal loan, he would be interested in knowing the monthly installments he will have to pay to the bank. With the help of the Wishfin Union Bank of India Personal Loan EMI Calculator, you can get an idea of the monthly installments and other important payment details about the loan. You just need to enter three details, a loan amount, interest rate, and tenure.

Example- You want to apply for a personal loan of ₹5,00,000 from City Union Bank for a tenure of 4 years. If we take the existing interest rate of 11% p.a. -16 % p.a. Refer to the table to know your monthly EMI payable on the same amount of loan for different tenures.

Fee/Charges of City Union Bank Personal Loan

Here are the additional fees/charges levied upon the personal loan by City Union Bank in addition to the interest rates -

Benefits of City Union Bank Personal Loan

Here are the benefits of Pre-Qualified Personal Loans especially for salaried customers -

• Effortless Process: Get a personal loan with fewer than 10 clicks, no income proof is required.
• Flexible Loan Amount: Borrow from ₹1 lakh to ₹10 lakhs or the eligible amount, whichever is lower.
• Attractive Interest Rates: Interest rates range from 11% to 16%.
• No Collateral: No security is required.
• Quick Disbursal: CUB customers can receive funds in just 5 minutes.
• Flexible Usage: Use funds for any purpose (except speculative), such as weddings, vacations, education, medical expenses, or home renovation.
• Easy Repayment: Repay through affordable EMIs with flexible terms.
• Customizable Tenure: Choose a tenure between 12 to 48 months.

Some Important Do’s & Don’ts For City Union Bank Personal Loan

Some do’s and don’ts can help you know and make you aware of what you can do and what all things you can avoid while availing the personal loan from City Union Bank. Read the points carefully to understand better -

Do’s -

1. Ensure a stable internet connection for the loan application.
2. Use only the official link from the bank (via SMS, net banking, or mobile banking) to avoid phishing.
3. Keep your bank-registered mobile number ready for login.
4. Ensure your Aadhaar-linked mobile number is active for e-signing.
5. Have your Aadhaar and PAN details ready.
6. Review product features on the bank’s website before applying.
7. Compare product features, not just pricing.
8. Select a loan amount that meets your needs.
9. Ensure sufficient funds to cover processing fees.
10. Carefully read the terms in the sanction letter before e-signing.
11. Contact customer care for any issues.

Don’ts -

1. Avoid using untrusted websites or apps for loan applications.
2. Don’t use inactive mobile numbers or emails for login.
3. Don’t trust non-bank officials offering loan help.
4. Avoid borrowing more than needed to prevent extra debt.
5. Read terms carefully to avoid confusion.
6. Pay EMIs on time to avoid penalties and credit score impact.

Summary!

City Union Bank Personal Loan offers a convenient and flexible solution to meet various financial needs, such as education, weddings, home renovation, and more. With competitive personal loan interest rates ranging from 11% to 16% p.a., loan amounts up to ₹10 lakhs and quick disbursal for CUB customers, the loan ensures a hassle-free experience. Its flexible repayment options, no collateral requirement, and streamlined online process make it an ideal choice for salaried individuals. Carefully review the terms and conditions, maintain timely payments, and follow the recommended do’s and don’ts for a smooth borrowing experience.