Hello there. The Kerala Gramin Bank personal loan interest rate starts at 11.75 percent per annum. I recently applied for a personal loan at the Gramin Bank of Kerala. At the time of applying, I asked for all the details regarding interest rate, maximum period and the maximum loan amount disbursed by the bank. Let me share detailed information about this.
Kerala Gramin Bank Personal Loan Rate of Interest
Here is the information about the interest rate for the personal loan:
Loan | Interest Rate |
General Consumption Loan | 14.50 percent |
Gramin Easy Loan | 11.75 percent |
The loan interest rate is dependent on several factors:
Your CIBIL score. A score of 750 is considered good to gain a loan at a lower interest. A lower credit score results in a higher interest rate.
The repayment period also affects the interest rate. On reducing your tenure, the interest rate also reduces. In contrast, a longer tenure will mean that a higher interest will be applied to your repayment.
Apart from this, the official at the Kerala Gramin Bank told me the following for the Gramin Easy Loan:
Maximum Tenure: 15 years
Maximum Loan Amount: 5 lakhs
This is all I have to share with you. I hope you find this information useful.
Get Instant Loan Up to Rs. 10 Lakhs Via NB InstaCash!
Some related information:
What is the Assam Gramin Vikash Bank Personal Loan Interest Rate?
Your Feedback Matters! How was this Answer?
Shifting, House?
✔
Lowest Price Quote✔
Safe Relocation✔
Professional Labour✔
Timely Pickup & Delivery
Intercity Shifting-Upto 25% Off
Check Prices
Intracity Shifting-Upto 25% Off
Check Prices
City Tempo-Upto 50% Off
Book Now
Authors Of The Question
What is Kerala Gramin Bank Personal Loan Interest Rate?
vikas
193 Views
1
30 days
2025-01-31T17:28:29+00:00 2025-01-31T17:28:30+00:00Comment
Share