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Old 20th November 2015, 01:43 PM
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Default South Indian Bank Personal Loan scheme

Hi sir I want to known about rate of interest of personal loan of south India bank please give me detail of soon as possible?
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Old 20th November 2015, 02:38 PM
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Default Re: South Indian Bank Personal Loan scheme

South Indian Bank Limited is a private sector bank headquartered at Thrissur City in Kerala, India. This bank was established in 1929

As you want to known about the rate of interest of the personal loan of south Indian bank here is the detail of it

Loan amount

Maximum Rs. 3.00 lacs subject to the following :

For Salaried persons:

15 times of the monthly net salary excluding the proposed loan deductions subject to a maximum of Rs.3.00 lacs.

Persons travelling abroad on employment contract:
5 times of monthly salary whichever is lower as per contract terms subject to a maximum loan of Rs. 3.00 lacs.

Rate Of Interest
Interest rate is according to RBI guideline structure heer is the detail of the rate of intereest on oct 2015
10.20% BR +4.50% (Fixed)

for Doctors’ Credit
10.20% BR + 3.30 %

Processing fees
Onetime upfront fee 0.50% of the loan amount

Time duration
Maximum 48 months

For more information contact to nearest branch of South Indian Bank
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