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

Punjab & Sind Bank Personal Loan in Jammu

About Punjab & Sind Bank Personal Loan Jammu

Are you in need of appropriate finance to fund your personal or business expenses? Consider Punjab & Sind Bank Personal loans from Jammu for your varied needs and for your family. The borrowers availing personal loan can accurately estimate their expenditures which are required to repay the loan. The monthly installments should not exceed 40% of the borrower’s net monthly salary. However, the borrowers get their loan amount subject to their respective creditworthiness towards personal loans.

Punjab & Sind Bank Personal Loan Jammu 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 Jammu

Address of Punjab & Sind Bank Branches in Jammu

Branch NameComplete AddressIFSCMICRContact Number
Nanak Nagar, Jammu Sec - 1, Near Gurudwara Building, Nanak Nagar, JammuPSIB00007311800230042450993
Jammu (MAIN) , Shalimar Road Shalimar Road, JammuPSIB00001731800230012543373
Srinagar Main Jehangir Hotel Building, Badshah Chowk, Srinagar, Jammu & Kashmir - 190001PSIB0000237NON-MICR0194 2455180
Udhampur Lal Chowk, Udhampur, Jammu & Kashmir. - 182101PSIB0000239NON-MICR01992 270158
Jammu DigianaSri Sant Mela Singh Technical Ashram, Digiana Jammu, Jammu & Kashmir-180001 PSIB0000730NON-MICR0191 2451405
Kathua College Road, Kathua, Jammu & Kashmir -143514 PSIB00005821840230011922232216
Batote Batote, Distt. Doda, Jammu & Kashmir PSIB0000231NON-MICR1998244247
Baramulla Main Market, Distt. Baramulla, Jammu & Kashmir - 193101PSIB00004851930230011952234319
Jammu Exchange Road Exchange Road, Distt. Jammu, Jammu & Kashmir - 181101PSIB00006601800230031912579283
Bari Brahmana (Nowhatta) Bari Brahmana, Distt. Jammu, Jammu & Kashmir - 193101PSIB00006611800230071923220071

  • 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%