About Punjab & Sind Bank Personal Loan Indore
Punjab & Sind Bank Personal Loan Indore invites salaried class customers and pensioners across Indore and outside the region to avail personal loan for their personal requirements at lowest interest rates. Now you have a chance to get your best deal so as to transform your wishes into reality. Dissuade the concept of saving your hard-earned money for some rainy day but to confidently pursue your personal commitments by availing Personal Loan from Punjab & Sind Bank Indore.
Punjab & Sind Bank Personal Loan Indore 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 Indore
Address of Punjab & Sind Bank Branches in Indore
| Branch Name | Complete Address | IFSC | MICR | Contact Number |
|---|---|---|---|---|
| P.Y. Road Indore | 13 , P.Y Road, Indore - 452004 | PSIB0000103 | 452023002 | 0731-2367490 |
| Nand Nagar Indore | Guru Teg Bahadur Trust, Nand Nagar, Indore - 452006 | PSIB0000734 | 452023003 | 0731-2557010 |