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Central Bank of India Personal Loan in Ahmedabad

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Adiyogi Enterprises is delighted to partner with Central Bank of India to offer you affordable and flexible personal loan options. With competitive interest rates starting from just 11.00% per annum, you can avail loans up to Rs 20 Lakhs, with repayment tenures extending up to 5 years. Whether it's for a wedding, vacation, home renovation, or unexpected medical expenses, Central Bank of India is here to support your financial needs.

Central Bank of India Personal Loan Highlights

Interest Rate Starting from 11.00% per annum
Loan Amount Up to Rs 20 Lakhs
Loan Tenure Up to 5 years
Processing Charges 0.50% to 1% of the loan amount (minimum Rs 1,000)

Central Bank of India Personal Loan Eligibility

Age

  • Minimum 21 years and maximum 60 years at loan maturity.

Income

  • Minimum monthly income of Rs 15,000 for salaried individuals
  • Minimum annual income of Rs 1,80,000 for self-employed individuals

Employment

  • Salaried individuals must have a minimum of 1 year of continuous employment
  • Self-employed individuals must have been in business for at least 2 years

Credit Score

  • A credit score of 700 or above is ideal for faster approval.

Central Bank of India Personal Loan EMI Calculator

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FAQ

Frequently Asked Questions

  • 1. What types of personal loans does Central Bank of India offer?

    Central Bank of India offers personal loans for a variety of purposes such as medical expenses, home renovation, education, weddings, travel, and debt consolidation. Additionally, they provide loans for purchasing consumer durables and loans against property.

  • 2. What is the eligibility criteria for a personal loan from Central Bank of India?

    Eligibility for a personal loan from Central Bank of India depends on factors such as age, income, employment status, credit score, and existing financial obligations. Both salaried individuals and self-employed professionals are eligible to apply.

  • 3. What documents are required for applying for a Central Bank of India personal loan?

    Documents needed for applying for a personal loan from Central Bank of India include proof of identity, address proof, passport-sized photographs, proof of income (such as salary slips, IT returns, or bank statements), and any other documents as requested by the bank.

  • 4. What is the interest rate for personal loans at Central Bank of India?

    The interest rates for personal loans at Central Bank of India are competitive and vary based on the applicant's credit profile and the loan amount. The rates typically range from 10.75% to 13.50% per annum.

  • 5. How can I apply for a personal loan from Central Bank of India?

    You can apply for a personal loan from Central Bank of India online through their website, via their mobile banking app, or by visiting a branch. They also provide pre-approved personal loans for eligible customers.

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