dial a bank
18 Cities
Delhi
Mumbai
Kolkotta
Bangalore
Hyderabad
Ahmedabad
Chandigarh
Jalandhar
Ludhiana
Chennai
Pune
Jaipur
Lucknow
Baroda
Surat
Indore
Coimbatore
Bhopal

Oriental Bank Personal Loan

Get The Best Rates For Personal Loan - Apply Now
Name Email
Phone Loan Required
City Company name
Annual Income Credit Card Holder Yes No
I have read the Privacy Policy & Agree to Terms and Conditions and authorise Dialabank.com & its partner institutions to Call me or SMS me with reference to my application




 

Purpose:

 

 

 

 

  • To meet personal/ family expenses like   marriage/education/family functions.
  • For purchase of consumer durables, gold / gold ornaments.
  • To meet expenditure on medical treatment of self and/or dependent at   Hospitals/Nursing Homes registered with local Govt. bodies.
  • To meet travel expenses of legitimate travel by himself & family.
  • To cover travel cost, hotel stay, and other travel related expenses

                                                              

Eligibility :

  • Permanent and regular employee in Centre/State Govt. Deptt.    And other institutions like Universities, Schools/College, PSUs, reputed hospitals, and well established corporate. Professionals   and doctors shall also be eligible for loan

  • Minimum 3 years of service, including service with the previous employer(s), if any.

  • The net monthly salary should not be less then Rs 6

Amount :

  • Upto 15 months net take home salary, subject to maximum of Rs.1.50 Lac.
  • Upto 20 times net salary with a maximum of Rs.3 lakh in case the salary account is maintained with the branch for a minimum period of 6 months or Employee undertaking to deduct and remit the due installments to the bank.

Security:

One personal guarantee preferably of fellow employee, subject to the condition that        

one employee will not stand as guarantor in more than two accounts.

 

Margin:

Nil

 

Rate of interest :

BR + 5 % p.a with monthly rest.

 

Penal Interest

2% penal interest over the normal interest rate on the overdue amount for irregular  

period.  No prepayment penalty to be charged.

Process/ upfront: fee

0.50% of the loan amount with a minimum of Rs.500/ +Service tax, if any.

 

Disbursement:

 

The loan amount may be credited to SB / Salary Account of the borrower.

 

Repayment:

 

   

60 EMIs (subject to remaining period of service)

                                                                                                   

 

 

Apply Online for Personal Loan


 

 

REMINDER SERVICES EMI CALCULATOR

PERSONAL LOAN INTEREST RATES

 

Disclaimer: The information provided on www.dialabank.com is collected from public sources and is believed to be accurate and genuine. This site should be used as a information provider for different product offerings of Insurance companies and the visitor should make an independent verification with the Insurance companies to verify the claims made in the policy before making any purchase. The decision to Apply and/or Purchase a policy is at the sole and complete discretion of the website visitor and Dialabank.com cannot guarantee or can be held liable for loss or damage caused by claims made by insurance companies through their agents, partners, products or services, directly or indirectly.


 

 



Related Articles


4 Unknown Reasons Which Can Result In Rejection of Your Loan Application
Today whether it is a middle class person or Business class professional everyone some day or the other is in need of a loan. Moreover, to get a loan seems an easy job major issue occurs when you apply for a loan,  number of applicants for a loan are very high, but the applications selected are very few. Where on one hand the RBI shows an increase in bank credit of 21.4% between March 2007 and 2013, on the other hand, non-performing assets have tremendously increased, to Rs. 1,64,000 cro... read more

10 best tax-saving investments
Multiple options. Contradictory advice. And a deadline that's approaching fast. Many taxpayers find themselves in this situation at the beginning of the year when they have to make tax-saving investments. Are you also confused? Before you make a choice, go through our cover story to know which is the best option for you. We have ranked 10 of the most common investments under Section 80C on five basic parameters: returns, safety, flexibility, liquidity ... read more

Tips to boost your saving - Become a smart saver.
People find spending less the basic way of saving money. However, this is not always easy to accomplish as you may have to face many challenges. To overcome these hurdles, creating a budget is a very effective way.  Make your monetary plans and then keep track of your money on a monthly basis. Check how much you are spending and where. For this, you can either choose a custom-made spreadsheet or even use tools for more convenience and accuracy. There are many tools available online for y... read more

Some tips to boost Loan Credit Score
Every person is responsible for his financial reputation as to destroy or to improve all lies in his hands. One of the greatest signals towards the implications of financial security is the awareness of one’s own credit score.   What Banks think about Credit rating?   In the current economic scenario, every person is dependent upon the getting credit from every basi... read more

How to repay the Personal Loan debt quickly?
Personal Loans are the best means to meet all of unseen events of life. Opting for a loan that is unsecured in nature without getting through its terms and conditions can cost you more than you thought! If you fee; that you are stuck in a debt of personal finance, here are some of the ways to get rid of this debt easily:     Asset Monetiz... read more

Home | News | Articles | FAQs | Contact us   
quick enquiry form