How to get Punjab and Sind Bank Personal Loan Apply, Eligibility, Interest Rate, EMI Calculator, Minimum Salary, Civil Score and more details that we read in this article please read till the last.
If you want to take personal loan from Punjab and Sind Bank then this article is for you . other banks ALL Personal Loan Bank List Like Punjab and Sind Bank also provides personal loan to the customers . personal loan One unsecured loan comes under the category of This loan is given to the customer on the basis of his credit history.
If you want to take advantage of Punjab and Sind Bank Personal Loan then you have to apply for it which you can do online or offline . In this article, we will know what is Punjab and Sind Bank personal loan, interest rate, eligibility, documents and how we can apply for this loan, etc., so read this article till the end .
Punjab and Sind Bank Personal Loan 2024
Any person can take a personal loan for any of his personal expenses such as marriage expenses, higher education, children’s fees, travel, medical emergency etc. of the applicant to take this loan CIBIL Score must be very good The amount given under the loan depends on many factors such as the applicant’s credit score, income, age etc. If the customer’s CIBIL score and income is high, then he can get a personal loan up to a higher loan amount and at an attractive interest rate .
Punjab and Sind Bank provides personal loans exclusively to salaried individuals and pensioners. PSB Personal loan interest rate 10.40% starts every year. As your CIBIL score goes down, the interest rate will go up, so if you want to get a personal loan at a lower interest rate of the bank, then you have to pay special attention to your credit score . You can get a Punjab and Sind Bank Personal Loan for a maximum loan tenure of up to 72 months.
Punjab And Sind Bank Personal Loan Overview:
| loan name | Punjab And Sind Bank Personal Loan 2023 |
| name of the lending bank | Punjab And Sind Bank |
| loan amount | Maximum Rs 10 lakh |
| loan tenure | max 72 months |
| Rate of interest | Starting from 10.40% p.a. |
| processing fee | 0.50% to 1% of the loan amount |
| official website | https://punjabandsindbank.co.in/ |
PSB personal loan interest rate 2023
Punjab and Sind Bank personal loan interest rate starts from 10.40% p.a. The interest rate is heavily dependent on the CIBIL score of the subscriber . With a good CIBIL score, the customer can get a loan at a low interest rate . Firstly we need to know about Personal loan interest rate 2023 It is necessary to have information about If the customer applies for that loan without knowing the exact interest rate of the loan, then he may have to face problems at the time of repayment of the loan .
PSB personal loan interest rate from the table given below :
| Category | CIBIL Credit Vision Score | Repo Rate (%) | Spread (%) | EBLR (%) |
| Government/PSU/Pensioner/Sanctioned Educational Institutions | 768-900
753-767 or (-1),3,4,5 732-752 690-731 641-689 | 4.00
4.00 4.00 4.00 4.00 | 5.50
5.75 6.00 6.25 6.50 | 10.40
10.65 10.90 11.15 11.40 |
| Private Employee / MNC | 768-900
753-767 or (-1),3,4,5 732-752 690-731 641-689 | 4.00
4.00 4.00 4.00 4.00 | 6.60
6.80 7.00 7.30 7.50 | 11.50
11.70 11.90 12.20 12.40 |
Benefits and Features of Punjab and Sind Bank Personal Loan
- This bank provides personal loans to pensioners and salaried individuals.
- Customer can get a maximum loan of up to Rs 10 lakh.
- The interest rate of the loan starts from 10.40% p.a.
- The processing fee of the loan ranges from 0.50% to 1% of the loan amount.
- The maximum loan tenure of PSB personal loan is up to 72 months .
- The applicant has to give guarantee of spouse or older children or third party .
Loan Amount:
For Salaried Category:
- Permanent government. Employees / PSU employees / employees of MNCs / employees of approved educational institutions – can get a loan up to 18 times their monthly income , up to a maximum of Rs 10 lakh .
- Permanent employees of other private institutions – The applicant can get a loan up to 18 times his monthly income or up to a maximum of Rs 5 lakh .
Pensioners up to the age of 65 years:
- 15 times of monthly net pension or maximum up to Rs 3 lakh .
65 years and up to the age of 70 years:
- 10 times his monthly net pension or up to a maximum of Rs 1 lakh .
Punjab and Sind Bank Personal Loan Eligibility
Only those people can apply for this loan who are eligible for it . Following are the eligibility to apply for the loan:
- Salaried and pensioner individuals can apply for this loan .
- The minimum age of the applicant should be 21 years .
- Maximum Age – For Salaried Category – 60 Years & For Pensioners 70 Years .
Punjab And Sind Bank Personal Loan Documents
Before applying for the loan, you should keep all your documents together . To apply for this personal loan, you must have the following documents:
- Application form duly filled and signed by the applicant
- Identity proof like Aadhar card or PAN card
- Bank account statement
- Residence proof
- income proof
- Salary slip
- mobile number
- Description of personal assets and liabilities
Punjab and Sind Bank Personal Loan Apply
If you fulfill all the conditions of this loan, then you can apply for it both online and offline . Information about the process of applying is given here.
Punjab and sind bank personal loan apply online
- To apply online, you must first visit the official website of Punjab and Sind Bank. punjabandsindbank.co.in But have to come
- On website home page Apply Retail loan Click on this option will appear .
- After clicking, the loan application form will open on the next page .
- You have to enter all the information asked in the form correctly and submit the form .
- submitting the form , the bank staff will contact you and the loan process will be issued further .
How to apply offline ?
- To apply offline, you have to first go to your nearest branch of Punjab and Sind Bank .
- You have to contact the bank employee by going to the bank branch .
- The bank employee will provide you all the information related to the loan .
- Then your documents will be verified .
- will be given an application form .
- You have to enter all the information asked in the form correctly , attach your documents and submit it to the bank .
- In this way your offline application will be done.
- If your loan is approved then the loan amount will be transferred to your bank account .
Punjab and sind bank personal loan EMI calculator
Before applying for Punjab and Sind Bank Personal Loan, the customer should calculate the EMI (Equated Monthly Installment) of his loan . Applicant by visiting the official website of Punjab and Sind Bank Personal loan EMI calculator With the help of this you can calculate the EMI of your loan. If you apply for the loan without calculating the EMI of the loan, then you may have to face a lot of problems at the time of loan repayment . Loan EMI depends on three main factors – loan amount , loan tenure and interest rate .
Personal loan fees and charges
| processing charge | For Govt./PSU/pensioner/approved educational institution – 0.50% of loan amount + GST For private institution/MNC – 1% of loan amount + GST |
| documentation fee | Actual Stamp/Revenue Expenditure Only |
| inspection fee | Zero |
| prepayment fee | Zero |
PSB Personal Loan Customer Care Number
If you want to get any other type of information regarding this loan, then you can get information by calling Punjab and Sind Bank Personal Loan Customer Care Number.
- Toll Free Number 1800-419-8300
Conclusion
In this article we have given you We have tried to give complete information about How to Get Punjab and Sind Bank Personal Loan . Any person who wants to get a loan for his personal expenses can apply for Punjab and Sind Bank Personal Loan.
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FAQs on PSB Personal Loan
What is the interest rate of PSB Personal Loan?
The interest rate of this loan starts from 10.40% per annum.
What is the loan tenure of PSB Bank Personal Loan ?
up to 72 months.
How much personal loan can I take from PSB bank ?
Up to 10 lakh