Punjab & Sind Bank Personal Loan Chandigarh - IFSC, Rates February 2024, Eligibility, EMI

Punjab & Sind Bank Personal Loan in Chandigarh

About Punjab & Sind Bank Personal Loan Chandigarh

Personal loans are unsecured loans which customers  apply to fulfill their personal requirements.  Be it a wedding in the family, funding for higher education, travelling abroad or simply a vacation etc. The personal loans are disbursed as per the eligibility criteria of the borrower which depends on various factors like repayment capacity, age, income and the city where the loan gets disbursed.

Punjab & Sind Bank Personal Loan Chandigarh at a glance

Interest Rate11.15% - 12.75%
Loan AmountFor Salaried Class:

Up-to 18 times monthly net salary/1.5 times of Net Annual Income or ₹ 3 lacs, whichever is less
For Pensioner:
(a) Pensioners upto the age of 65 years - Up-to 15 times monthly net pension or ₹ 3lacs, whichever is less.
b) For Pensioners above the age of 65 years and upto the age of 70 years - Up-to 10 times monthly net pension or ₹ 1 Lac, whichever is less.
TenureUpto 5 years
Processing FeeOne-Time:
1.0% of the loan amount.
Pre-payment ChargesMinimum prepayment charges

Eligibility Criteria

The borrowers need to fulfill the following eligibility criteria while applying for Punjab & Sind Bank Personal Loan:

  • Salaried class employees and pensioners are eligible to apply for personal loan.

  • The minimum age limit of the borrower should be 21 years whereas the maximum age limit for salaried class Government/PSU employees should be 60 years, for salaried class private employees should be 65 years and for pensioners should be 70 years.

  • The guarantee for the personal loan stands from the Third party/ mutual guarantee/ guarantee of spouse/ Major son.

Documents Required

The salaried employees as well as pensioners need to produce the following documents while applying for personal loan.

  • Identity Proof- PAN Card/Voter ID/Driving License/Aadhar Card/Passport

  • Address Proof- Utility bill/Passport/Aadhar card/Voter ID

  • Income Proof– Latest Salary Slip/ ITR/Form-16

  • Bank Statement– Last 3-6 Month Bank Statement

To know more details, visit Personal Loan Chandigarh

Address of Punjab & Sind Bank Branches in Chandigarh

Branch NameComplete AddressIFSCMICRContact Number
Chandigarh Sector17 - C Sector 17 - C ChandigarhPSIB00000321600230060172-702970/713698
Chandigarh Sector 34S.C.O.371 - 373 Sector - 34a, Chandigarh - 160022PSIB00002421600230100172-790896/791441
Chandigarh Industrial Area4 - 5 M.W.Market Industrial Area Phase - I Chandigarh - 160002PSIB00002451600230100172-650173
Chandigarh Sector 111101, Sector - 11c, Chandigarh PSIB00003331600230040172-746881/744862
Chandigarh Sector 26S.C.O.62 Sector - 26, Chandigarh - 160019PSIB00003721600230040172-790896/791441
Chandigarh Sector - 47S.C.O. 64 - 65 Sector - 47 Chandigarh - 160047PSIB00004091600230120172-630635
Chandigarh Sector 22 - BSector 22b ChandigarhPSIB00004151600230070172-705359/714036
Chandigarh Sector 17 - BSector 17 - B ChandigarhPSIB00006001600230050172-704082/707757
Chandigarh Sector 46S.C.O. 76 Sector - 46 C Chandigarh - 160047PSIB00006841600230110172-609597
Industrial Finance BranchBank Square, Sector - 17b, Chandigarh - 160017PSIB00006891600230020172-715092, 700776
Mohali Phase 10 ChandigarhPhase - 10, Mohali 160017PSIB00007461600230280172-214296


  • 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%