A few weeks back, while talking to my brother, I came to know that he had taken a personal loan from Ujjivan Small Finance Bank. He told me because of some reason; he wasn’t able to avail loans from other banks and thus this bank. So, out of curiosity, I asked him about the Ujjivan Small Finance Bank personal loan rate of interest. He told me he was paying 12.34% per annum.
How Much is the Ujjivan Personal Loan Interest Rate?
He also told me about a few other details, such as the maximum and minimum interest rates, and the eligibility criteria, etc., for the loan. I have added the details he told me on the below table.
Particular | Details |
Minimum Interest Rate | 11.49% |
Maximum Interest Rate | 16.49% |
Average Rate of Interest | 13.99% |
Age Limit | 22 to 58 years old |
Processing Fee | 2% of the loan amount |
Loan Amount | Up to Rs. 30 Lakhs |
Tenure | 3 Years |
Besides all these, he also told me that the preclosure fee within a year is 2% and after 1 year is 1%. And that’s all I know about the Ujjivan Bank personal loan interest rate. I hope that this helps.
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Authors Of The Question
What is Ujjivan Personal Loan Interest Rate?
Siraj
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1 Answers
17 days
2024-12-31T16:23:59+00:00 2024-12-31T16:24:00+00:00Comment
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