City Union Bank Personal Loan

City Bank of India is a major public sector bank in India. The bank provides so many financial products to the customers. It includes a car loan, personal loan,  gold loan, banking, internet banking, wealth management and credit cards. The bank is well known for its financial services and products.

Personal Loan

A personal loan always helpful to the customers in many essences. The personal loan helps people to fulfill their financial needs, whether it is related to your wedding or education. Furthermore, it can be related to business purposes or educational activities. The bank never asks you the reason to get a personal loan. in a personal loan, you will just borrow the loan amount from the bank and return it to the bank within a given interval of time. Besides that, the bank charges a rate of interest to you on the amount of loan sanctioned.

These are On Demand Loans for Employees of Central or State Governments, Schools or Colleges or Other Institutions and other reputed Companies or Organization that are approved by the bank from time to time.

Why is a Personal Loan Unsecured?

A personal loan comes basically under the category of unsecured loan because the bank would not ask you for any property papers or anything as a collateral. Furthermore, no guarantor is required in a personal loan. It totally based on your income and credit history. Though the bank or other NBFC provides you a personal loan on their own risk that’s why it is called an unsecured loan.

What if you don’t return your Personal Loan?

If you won’t return your personal loan your credit history get spoiled, your CIBIL score get affected negatively and you will not be able to get any loan in future. It is not so that you can’t rebuild your credit score ever but that process is not that quick. It will take a lot of time. So be careful with your personal loan and pay it from time to time.



An Objective of Personal Loan of City Union Bank

To enable people from small functionaries for small personal loans and to the fixed salaried class having repayment capacity.

Apply For City Union Bank Personal Loan


The Employees who are permanent in Central or State Govt., Schools or Colleges and other reputed institutions or other reputed companies or organizations approved time to time by the bank with a net salary of not less than Rs.5000/- per month.

Amount of Loan

The loan amount is 5 times the net salary subject to a max of Rs. 25000/-



Purpose of the Loan

Granted loan for any genuine purpose of the employee such as functions, festivals medical travel and such other bonafide expenses.

Security for the Loan

The fellow employee to be the Personal guarantee, subject to the condition that the employee does stand and in future will not stand as a guarantor in more than one Loan Account.



Individuals /Business Concern having a net Salary/Income, not less than 5000/- per month and professional/others who earn not less than Rs.75000/-per annum (as per IT return) including those already enjoying credit facilities from the bank are eligible for consideration under the scheme. For the computation of net salary/income, the salary/income of the spouse to be added provided he/she stands as a co-applicant to the loan. For professional one year, other income has to be evidenced by order of assistant of IT (or) as per the latest it return duly acknowledged by IT Department.

Purpose of the Loan: City Union BankPersonal Loan

The loan may be granted for the purpose of consumer durables such as Television, Refrigerator, Wet grinders, Furniture's, etc. but not for vehicle or jewels ( Loan is not to be made for the purchase of second-hand consumer durables)

Permissible amount of Loan

10 months net salary/income subject to a maximum of RS.50000/- is the permissible amount of loan. As already stated, for the purpose of computation of net salary, the salary of the spouse may be added subject to the condition that the spouse will stand as co-applicant to the loan.


10 percent


Articles Hypothecation to be purchased

Third Party Guarantee: City Union Bank Personal Loan

The applicant along with, under the Scheme, is to stand as Co-applicant spouse / or may other individual fulfilling the eligibility criteria.


 City Union Bank Personal Loan

Within a maximum period of 36 months, the repayment is to be made in equated monthly installments. The period of no moratorium is to be allowed.

Where to Apply?

Dialabank is the first and most convenient way to get a personal loan online. Here you will easily get a personal loan at low rates of interest online. Besides that, you can get all the information about the personal loans online on a single platform. You will get all the assistance and guidance without any other additional charges.Other Leading Personal Loan Providers (Click to Apply)


  1. HDFC Personal Loan
  2. SBI Personal Loan
  3. Axis Bank Personal Loan
  4. PNB Personal Loan
  5. ICICI Bank Personal Loan
  6. Citibank Personal Loan
  7. Bandhan Bank Personal Loan
  8. Bank of Baroda Personal Loan
  9. Fullerton India Personal Loan
  10. Personal Loan from Other Banks