Personal Loans
Finance your personal needs!
Utkarsh Small Finance Bank offers personal loans to salaried individuals of government, private or public sector organizations that meet our eligibility criteria. These loans range between 1,00,000 to 10,00,000, . The repayment tenure for such loans is between 12 months to 48 months and are offered at an affordable interest rate. The minimum net income criterion is 20,000 per month for customers.
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Personal loans starting from 1,00,000 to 10,00,000.
Loan tenure: 12 Months to 48 Months
Repayment in easy Equated Monthly Installment (EMI)
Foreclosure Allowed during the tenure of the loan
NACH/SI allowed for loan repayment
Hassle Free Processing
The minimum net income criteria is 20,000 per month for customers
KYC
Application form
Salary Slip
Bank Statement
| S. No | Charge Name | Charges | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| i. | Processing Fee* | Upto 2% of Loan Amount + Applicable taxes | ||||||||||
| ii. | Account Maintenance Fee (For on MSME Loans up to5 Lakh) | Upto 2% of Loan Amount + applicable taxes | ||||||||||
| iii. | Pre Closure Charges (Loan Priced at Fixed Rate of Interest) |
|
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| iv. | Part Prepayment Charges (Loan Priced at Fixed Rate of Interest) | 4% of the Pre-Payment amount towards principal and applicable taxes | ||||||||||
| v. | Cheque /NACH/ SI Bouncing Charges | 300 + Applicable taxes | ||||||||||
| vi. | Penal Interest on Overdue EMI | 2% month on the Overdue EMI for the Overdue Period | ||||||||||
| vii. | Legal/Valuation Charges | As per actuals | ||||||||||
| viii. | Duplicate Interest and Principal Certificate issuance Charge | |||||||||||
| ix. | Duplicate No dues Certificate / NOC issuance Charges | |||||||||||
| x. | Swap Charges (Cheque/Instrument) | |||||||||||
| xi. | Duplicate statement issuance Charges | |||||||||||
| xii. |
Charges for subsequent set of Photocopy of loan agreement/ documents where requested by Borrower |
Apply to Personal Loans
Loan calculator
|
Interest Rate 8.00% |
Interest Earned 3,50,452 |
|
Maturity Value 13,50,452 |
Maturity Date 20 Apr 2023 |
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(Indicative interest rates for calculation only. click here for latest rates.) |
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FAQs
You can apply for a Personal Loan starting from 1 Lakh to 10 Lakhs.
The tenure for Personal Loans is between 12 months to 48 months.
Salaried Individuals in government, private or public sector organizations that meet our eligibility criteria.
You can either visit your nearest Utkarsh Small Finance Bank's branch or write to us at [email protected],let us know about your requirement and we will get in touch with you.
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