Cooperative Bank Loan Interest Rates TODAY
Cooperative Bank Loan Interest Rates TODAY
If you want to get a loan from this bank, you can get a loan in that easy installment. The interest rate of this bank starts from a minimum of 10% the interest rate and monthly EMI will start as you take more amount. From this bank, you can take a loan for a personal loan, home loan, car loan, and many more. Below is a list of how you can get a loan from this bank, what documents are required, and how much money you have to pay in EMI per month.
| Loan Interest Rate | Details |
|---|---|
| Interest Rate | a] Where both, the salary is routed & undertaking letter is available b] Pensioners drawing pension through the Branch c] CIBIL > 700 – 10.75% p.a. a] Where both, the salary is routed & undertaking letter is available b] Pensioners drawing pension through the Branch c] CIBIL < 700 – 11.25% p.a. For others - 12.25% p.a. |
| Processing Fee | 1.50% (Minimum of Rs.500) |
| Loan Tenure | Up to 60 months |
| Loan Amount | Ranging from Rs.10,000 to Rs.3.5 lakh If salary is routed through the bank branch - Loan amount of up to 9 months the net salary If the salary is routed and the undertaking letter is available - Loan amount of up to 12 months the net salary Pensioners drawing pension through the bank branch - Loan amount of up to 10 months the net pension Individuals with income other than pension or salary - Loan amount of up to 25% the gross annual income |

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