Oriental Bank of Commerce Personal Loan New Delhi - Rates March 2024, Eligibility, EMI, IFSC

Oriental Bank of Commerce Personal Loan in New Delhi

About Oriental Bank of Commerce Personal Loan in New Delhi

New Delhi is one city that one would like to visit atleast once in their lifetime. Popular sights like Lal Quila, Parliament House, India Gate and other spectacles drive people all the way to New Delhi, the capital city of India. Like any metropolitan city, there is an accumulation of the mass here, engaged in different sorts of work to get their daily meal. Being in New Delhi and having no dream would be an understatement, right! Dreams go from north to south here, with some wanting to take a flight to the beautiful beaches of Barcelona while others looking to get their kids married before a long list of guests including the celebrities. All these dreams and more find an equated response from the personal loan offering of Oriental Bank of Commerce (OBC), a public sector bank that has been giving means to the dreams since 1943. Available at affordable rates, the bank’s personal loan is worth availing it.

Oriental Bank of Commerce Personal Loan New Delhi at a Glance

Interest Rate11.40% - 16.95%
Loan Amount₹ 5-10 Lakh
Loan TenureUpto 5 Years
Processing Fee0.5% of the loan amount, subject to a minimum of ₹500
Prepayment ChargesNIL

Oriental Bank of Commerce Personal Loan Eligibility Criteria in New Delhi

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 New Delhi.

  • 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 Checklist for Oriental Bank of Commerce Personal Loan in New Delhi

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

  • 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 New Delhi

Oriental Bank of Commerce Personal Loan New Delhi Branches

You can find the list of OBC branches in New Delhi by glancing at the below table. It also shows the addresses, as well as critical information like MICR Code, IFSC Code and others.

Branch NameComplete AddressIFSCMICRContact Detail
E Block Connaught PlaceE Block, Harsha Bhavan, Connaught Place, New Delhi-110001ORBC0100007110022005011-23417254
A Block Connaught PlaceA 30-33, Connaught Place, New Delhi-110001ORBC0100179110022006011-23321991
Karol Bagh8/1 Ground Floor, Abdul Aziz Road, Karol Bagh, New Delhi-110005ORBC0100012110022012011-28756884
DaryaganjNetaji Subhash Marg, Daryaganj, Delhi-110002ORBC0100013110022007011-23272897
East Patel Nagar26/33, East Patel Nagar, New Delhi-110008ORBC0100016110022024011-25852893
Kirti NagarN-104, Kirti Nagar, New Delhi-110015ORBC0100022110022015011-25152844
MahipalpurK-59, Vasant Kunj Road, VPO-Mahipalpur, New Delhi-110037ORBC0100029110022016011-26785514
Munirka92 E/1 Rk Market, Po-Jawahar Lal Nehru University, Munirka, New Delhi-110067ORBC0100101110022017011-26164615
Old Rajinder Nagar104, Old Rajinder Nagar Market, New Delhi-110060ORBC0100139110022026011-25861508
South Extension, Part-1G-11, South Extension, Part-1, New Delhi-110095ORBC0100144110022031011-24694310
Panchsheel Park16, Shopping Centre, Panchsheel Park, New Delhi-110017ORBC0100212110022023011-26490368
Nehru PlaceHemkunt Chambers, 89 Nehru Place, New Delhi-110019ORBC0100217110022020011-26211462
Naraina44, Community Centre, Phase-I, Naraina, Delhi-110028ORBC0100222110022018011-25797419
Paharganj1649, Main Bazar, Paharganj, New Delhi-110055ORBC0100282110022022011-23562653
Dhichaon KalanVillage & P.O. Dhichaon Kalan Block Najafgarh, Delhi-110043ORBC0100323110022008011-28016328
SaketSaket Cultural Club, Opp Anupam Cinema, Saket, New Delhi-110017ORBC0100356110022029011-26510781

  • Personal Loan Interest Rates February 2024
    HDFC Bank10.75% - 14.50%
    ICICI Bank10.75% - 19.00%
    IndusInd Bank10.25% - 26.00%
    Kotak Bank10.99%
    RBL14.00% - 23.00%
    SMFG India Credit12.00% - 24.00%
    Standard Chartered Bank11.49%
    Tata Capital10.50% - 24.00%