Oriental Bank Personal Loan Key Features
|Age||21 – 60 years (at loan maturity)|
|CIBIL Score||Minimum 750 or above|
|Oriental Bank Personal Loan Interest Rate||9.99% per annum|
|Lowest EMI per lakh||Rs. 2148|
|Tenure||12 to 60 months|
|Oriental Bank Personal Loan Processing Fee||1% of Loan Amount|
|Part Payment Charges||NIL|
|Minimum Loan Amount||Rs. 50,000|
|Maximum Loan Amount||Rs. 10 Lakh|
Oriental Bank Personal Loan Eligibility Criteria
Eligibility criteria for a personal loan:
|CIBIL Score Criteria||750 and Above|
|Age Criteria||21-60 years|
|Min Income Criteria||Rs 25000/month|
Oriental Bank Personal Loan Interest Rate and Charges
|Oriental Bank Personal Loan Interest Rate||9.99% per annum|
|Oriental Bank Personal Loan Processing Charges||1% of Loan Amount|
|Stamp Duty||As per state laws|
|Cheque Bounce Charges||As per bank terms|
|Floating Rate of Interest||Not Applicable|
Oriental Bank Personal Loan Documents Required
|Form||Duly filled application form|
|Proof of Identity||Copy of:
> Driving License
> Aadhar Card
> Voter ID Card
|Proof of Address||Rent Agreement (Min. 1 year of stay)
Passport (Proof of permanent residence)
|Proof of Income||> ITR: Last two Assessment years
> Salary Slip: Last 6 months
> Bank Statement: Last 3 months
Oriental Bank Personal Loan EMI Calculator
Oriental Bank Personal Loan Compared to Other Banks
|Bank||Interest Rate||Tenure||Loan Amount & Proc Fee|
|Oriental Bank||9.99%||12 to 60 months||Up to Rs. 10 lakh / 1% to 2% of Loan Amount|
|HDFC Bank||11.25% to 21.50%||12 to 60 months||Up to Rs. 40 lakh / Up to 2.50% of the loan amount|
|Bajaj Finserv||Starting from 12.99%||12 to 60 months||Up to Rs. 25 lakh / Up to 3.99% of the loan amount|
|Axis Bank||15.75% to 24%||12 to 60 months||Rs. 50,000 to Rs. 15 lakh / Up to 2% of the loan amount|
|Citibank||Starting from 10.99%||12 to 60 months||Up to Rs. 30 lakh / Up to 3% of the loan amount|
|ICICI Bank||11.50% to 19.25%||12 to 60 months||Upto Rs. 20 lakh / Up to 2.25% of the loan amount|
Other Loan Products from Oriental Bank
|Oriental Bank Gold Loan||Oriental bank Car Loan||Oriental Bank Home Loan||Oriental Bank Business Loan|
|Oriental Bank TWL||Oriental Bank LAP||Oriental Bank Credit Card||Oriental Bank Education Loan|
Why should you apply for Oriental Bank Personal Loan with Dialabank?
We are India’s first financial helpline and a team of professionals that work towards helping you fulfill your financial needs. Our team of experts will help you in the entire loan process and help you choose the loan product that fulfills your needs.
How to Calculate EMIs for Oriental Bank Personal Loan
You will need the following things to calculate your EMIs:
- Amount of the Loan
- Rate of Interest
Enter these values in the calculator below for your estimated monthly EMI.
Oriental Bank Personal Loan Processing Time
Processing time for your loan application can be up to a week or more, but pre-approved and customers that have an account with the bank can expect the loan approval within 72 hours.
Oriental Bank Personal Loan Preclosure charges
When you have your funds ready and want to close your loan, the same can be done very easily. Oriental Bank of Commerce does not charge you with any foreclosure fee.
Pre Calculated EMI for Personal Loan
Different Personal Loan offers by Oriental Bank
Personal Loan for Marriage
Financial assistance to the general public for their financial needs such as marriage and other expenses. You can avail a loan of up to Rs. 10 lakh at affordable interest rates.
Personal Loan for Government Employees
Government employees can avail of personal loans at special rates and flexible tenure. Being an employee of the government comes with its set of benefits, and easier loan terms are one of them.
Personal Loan for Doctors
Doctors and medical professionals that may require some assistance financially can apply for a personal loan of up to Rs. 15 lakh. The bank provides special interest rates for these professionals.
Personal Loan for Pensioners
Elderly people that receive their pension in the Oriental Bank of Commerce bank account can avail of this scheme to meet their monetary needs. You can get up to Rs. 10 lakh through this personal loan.
Oriental Bank Personal Loan Balance Transfer
If you wish to transfer your existing personal loan from another bank, the Oriental Bank of Commerce provides you with better interest rates and loan terms. You get flexible rates and tenure that will help reduce your financial burden.
Oriental Bank Personal Loan Top Up
Sometimes, you might require extra funds to meet your expenses. For such scenarios, you can apply for a top-up loan rather than a fresh new loan.
Oriental Bank Personal Loan Status
You can check the status of your personal loan through;
- Visiting your loan branch in person.
- Using the online portal of the bank.
How to Apply for Oriental Bank Personal Loan?
Three simple steps to fulfill your needs:
- Visit Dialabank and fill the form.
- Wait for our experts to call.
- Submit documents and get quick disbursal.
FAQs About Oriental Bank Personal Loan
✅ How to apply for Oriental Bank Personal Loan?
You can apply for a personal loan with Oriental Bank by visiting the nearest bank branch or by submitting a simple form with Dialabank. You can get a facility to apply from anywhere and get personal loan approval faster.
✅ What is the Interest Rate for Oriental Bank Personal Loan?
The interest rate on a personal loan for Oriental Bank is 9.99% per annum.
✅ What is the minimum age for getting a Personal Loan from Oriental Bank?
You need a minimum age for getting a personal loan from Oriental Bank is 21 years.
✅ What is the maximum age for getting a Personal Loan from Oriental Bank?
The maximum age for getting a Personal Loan from Oriental Bank is 60 years.
✅ What is the minimum loan amount for Oriental bank Personal Loan?
You can get a minimum loan amount to apply for a personal loan from Oriental Bank is Rs. 50,000..
✅ What is the maximum loan amount for Oriental Bank Personal Loan?
Oriental Bank lets you take advantage of the maximum loan amount of Rs. 10 lakhs for a personal loan.
✅ What are the documents required for Oriental Bank Personal Loan?
The documents required to apply for a personal loan from Oriental Bank are Aadhaar Card, Driving License, Passport, Voter ID, Ration Card, Salary slips of last 6 months, bank statements of the last 3 months, ITR file of two assessment years for income proof.
✅ What is the Processing Fee for Oriental Bank Personal Loan?
The processing fee charged by Oriental Bank for getting a personal loan is 1% of the Loan Amount.
✅ How to get Oriental Bank Personal Loan for Self Employed?
Oriental Bank proffers financial help to self-employed borrowers. You must have to present the ITR files of the last two years for income proof.
✅ What is the Maximum Loan Tenure for Oriental Bank Personal Loan?
The Oriental Bank has a maximum loan tenure period of 60 months for personal loans.
✅ What should be the CIBIL Score for Oriental Bank Personal Loan?
Your CIBIL score should be 750 and above for getting a personal loan from Oriental Bank.
✅ Do I have a pre-approved offer for Oriental Bank Personal Loan?
Through Dialabank, you can check out for pre-approved offers for the personal loan from Oriental bank. You have to fill a form with Dialabank and we will check out offers suited for you.
✅ How to calculate EMI for Oriental Bank Personal Loan?
To calculate EMI for your personal loan from Oriental Bank, use the EMI Calculator available at Dialabank’s website.
✅ How to pay Oriental Bank Personal Loan EMI?
The Oriental Bank deducts automatically your personal loan EMIs from your bank account. You can pay your EMIs through the net-banking facility of Oriental Bank.
✅ How to close Oriental Bank Personal Loan?
Before closing the loan, you must have paid all the outstanding personal loan amount and then contact the bank branch and receive your no dues certificate.
✅ How to check Oriental Bank Personal Loan Status?
You will contact the Oriental Bank branch to know the status of your personal loan. You can visit Dialabank and fill a form there and the rest will do by the bank representative.
✅ How to close Oriental Bank Personal Loan Online?
If you want to close your personal loan from Oriental Bank online, you have to follow the given steps:
- Do visit the net-banking page of Oriental Bank.
- Login with your details.
- Pay your personal loan.
- Save the transaction receipt.
✅ How to pay Oriental Bank Personal Loan EMI Online?
Oriental bank subtracts automatically your personal loan EMIs from your bank account. To get a low-EMI personal loan, fill a form at Dialabank.
✅ How to check Personal Loan Balance in Oriental Bank?
For checking your personal loan balance in Oriental Bank, you will come in contact with the customer care number. If you look for low-interest personal loans, you must visit Dialabank and fill a form there for Personal Loan Balance Transfer.
✅ How to download Oriental Bank Personal Loan Statement?
The personal loan statement of Oriental Bank can be downloaded through the Oriental Bank’s mobile banking app. You can also fill a form by visiting the online platform of Dialabank.
✅ How to Top Up Personal Loan in Oriental Bank?
To get a top-up personal loan from Oriental bank, you will visit the Oriental Bank branch and contact the loan officer. You can also apply for the Personal Loan Top Up with Dialabank.
✅ What happens if I don’t pay my Oriental Bank Personal Loan EMIs?
If you don’t pay your personal loan EMIs, Oriental Bank will charge a penal interest. To get low-interest personal loans, you can apply for a balance transfer using Dialabank.
✅ How to find Oriental Bank Personal Loan account number?
To know about your personal loan account number, you will require to contact your Oriental Bank loan branch. Dialabank will also help you in this so fill the form at Dialabank.