Last year, I applied for a personal loan at Corporation Bank, so let me share the Corporation Bank personal loan interest and other details here. The interest rate here starts at 10.79% and goes up to 12.25%. When applying for the loan, I used the official portal of the bank.
What is the Personal Loan Interest in Corporation Bank?
The interest rate of Corporation Bank's personal loan is one of the lowest interest rates any bank offers for its customers. I have added all the information pertaining to the loan below.
| Particulars | Details |
Interest Rate |
10.75% to 12.25% p.a. |
Loan Amount |
Rs.10,000 to Rs.3,50,000 |
Loan Tenure |
Up to 60 months |
Processing Fee |
1.5% of the loan amount, subject to a minimum of Rs.500 |
Besides that, let me tell you about the documents that you need to provide for the corporation bank personal loan
Identity Proof like Passport, Driving License, Aadhaar Card, Voter ID, etc.
A valid ID proof with the permanent address or bills or rent agreements
Provide Income proof, i.e., a bank statement from the last three months
And that’s about it. Hopefully, this information about the Corporation Bank personal loan interest was helpful to you.
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Authors Of The Question
What is the Personal Loan Interest in Corporation Bank?
Bharti
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39 days
2024-07-31T16:25:42+00:00 2024-07-31T16:25:43+00:00Comment
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