A city union bank personal loan rate of interests stand at 16%-16.50% per annum. An applicant gets a 3 year time to reimburse the loan amount. A maximum loan taken from the bank can be Rs 25000 or 5 times the salary of an applicant. These minimal requirements are to be met by the applicants. Also, the maximum amount of loan depends on the applicant’s savings and salary.
Anyone and everyone can apply for a city union bank personal loan. Any permanent worker of Central Government, schools and colleges, state governments, or any other reputed organizations. A minimal requirement of Rs 5000 as a salary per month is required by the bank to be able to avail of the city bank union personal loan.
Usually, the applicants who work in a renowned company and have a good salary every month can get a lower rate of interest and higher capital. For example, an applicant has a salary of Rs 40,000 every month in a renowned organization. After each month’s expenditures, he could do the saving of Rs 20,000. The saving amount will be taken by the bank to look after your eligibility for a loan. So, an amount of 1 Lakh and a rate of interest of 16%-16.50% per annum with a time of 3 years brings that applicant’s EMI to around 3,516. This is how the cycle of the city union bank personal loan eligibility works.
A city union bank personal loan can help you in completing your child’s education, home renovations, any debt be it a credit card or other. The city union bank personal loan can help you complete all your requirements and wishes instantly. As the duty to provide comfort to all its applicants, the city union bank personal loan provides the loan to people at the lowest rate of interest without any long procedure or a long list of documentation. Thus, making it trouble-free for the city union bank personal loan applicants.
We care for your loan much more than you care. We understand the situation and help in connecting people with the bank in a much easy way. Log into Dialabank through www.dialabank.com and help yourself with the easy approval of the loans. You can also contact us at 9878981166 for any queries.