Oriental Bank of Commerce Personal Loan in Indore

Last Updated : May 4, 2018, 4:08 p.m.

About Oriental Bank of Commerce Personal Loan in Indore

Indore, a popular foodie destination in India and one of the largest cities in the state of Madhya Pradesh, presents a plethora of job opportunities for the youth. Both the working and business class of Indore are eagerly waiting for an attractive personal loan to pursue their dreams. As far as choosing a bank for a personal loan is concerned, the name of Oriental Bank of Commerce (OBC) figures among the most popular lenders in India. It has some branches dedicated to Indore out of more than 1,000 it has across the country. Check out Oriental Bank of Commerce Personal Loan Indore below.

Oriental Bank of Commerce Personal Loan Indore at a Glance

Oriental Bank of Commerce Personal Loan Eligibility Criteria in Indore

Want to Avail Oriental Bank of Commerce Personal Loan? Do make sure you are in line with the eligibility criteria set by the lender in Indore.

• The loan can be availed by public and private sector employees, as well as the pensioners.
• The confirmed employees of both public and private sector firms with a net monthly income of ₹10,000 are the eligible candidates for the bank’s personal loan.
• Further, the net income should not be lower than 30% of the gross income after the deduction of the proposed EMI.
• Pensioners must not be over 75 years at the time of loan maturity.
• Also the net amount of pension should not be 50% of the gross pension (Including the proposed loan EMI)

Documents Required for Obtaining Oriental Bank of Commerce Personal Loan in Indore

OBC wants the customers to be ready with the below documents to access a personal loan in Indore.

• Loan Application Form
• Identity Proof-PAN Card/Aadhaar Card/Driving License/Voter ID/Passport
• Residence Proof-Passport/Aadhaar Card/Utility Bill/Voter ID
• Income Proof-Last 3-6 Month Salary Slip, Last 6-month bank statement, Latest Form 16 & ITR
• Passport Size Photographs of applicants and co-applicants

Check for more information in Personal Loan Indore

Oriental Bank of Commerce Personal Loan Indore Branches