About Punjab & Sind Bank Personal Loan Hyderabad
Personal loans are unsecured loans which customers apply to satisfy their wide variety of their personal wishes or for their family needs. Be it a wedding in the family, funding for medical treatment, financing for higher education or simply a vacation. The personal loans are sanctioned as per the eligibility criteria of the applicant which are subject to several factors like repayment capacity, age, income and the city where the loan gets disbursed. The repayment tenures are flexible enough to help applicants plan for their monthly installments.
Punjab & Sind Bank Personal Loan Hyderabad at a glance
| Particulars | Details |
|---|---|
| Interest Rate | 11.15% - 12.75% |
| Loan Amount | For 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. |
| Tenure | Upto 5 years |
| Processing Fee | One-Time: 1.0% of the loan amount. |
| Pre-payment Charges | Minimum 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 Hyderabad
Address of Punjab & Sind Bank Branches in Hyderabad
| Branch Name | Complete Address | IFSC | MICR | Contact Number |
|---|---|---|---|---|
| Hyderabad | Metro Estate Abids, Hyderabad - 500001 | PSIB0000170 | 500023002 | 040-24754330/24758065 |
| Secunderabad | 1 - 7 - 323, 1st Floor Near Chenoy Trade Centre Park Lane, Secunderabad - 500003 | PSIB0000319 | 500023003 | 4027847479 |
| Spl Lending Br Hyderabad | Kkr Square Kavui Hills Ph I Jublee Hills Hyderabad Andhra Pradesh 500033 | PSIB0021361 | NON-MICR | 9963899570 |