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Q.

What is Assam Gramin Vikash Bank Personal Loan Interest Rate?

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Assam Gramin Vikash Bank (AGVB), a prominent regional rural bank, offers personal loans to salaried permanent employees of the government, the public sector, or corporate organisations having an AGVB Branch salary account are eligible to apply for this loan to cover personal and family needs. The Assam Gramin Vikash Bank personal loan interest rate is fixed. 

What is the AGVB Personal Loan Interest Rate?

The interest rate on AGVB personal term loans (PTL) is 13.50% per annum. 

AGVB offers loan amounts maximum Rs 8 lakhs, depending on the borrower's repayment capacity. The repayment tenure for personal loans at AGVB is generally flexible, with a maximum tenure of 84 months, giving borrowers the freedom to choose a tenure that aligns with their financial situation. Repayment must, however, conclude one year prior to the superannuation date.

The AGVB also offers personal loan to farmers at 11.80%. I hope this information helps you!

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