दोस्तों यदि अर्जेंट पैसे चहिये तो इस बैंक से करे ऑनलाइन आवेदन, तुरंत मिलेगा ₹3 लाख पर्सनल लोन | Allahabad Gramin bank Loan
Complete guide to Allahabad Gramin Bank personal loan – eligibility, required documents, interest rate, processing time, application steps and FAQs.
📅 Updated29 Mar 2024
📂 CategorySarkari Yojana
🔥 StatusLATEST UPDATE
Allahabad Gramin Bank Personal Loan – Complete Guide
About the Loan
Allahabad Gramin Bank offers personal loans to individuals aged 21 to 61 years. The loan amount ranges from ₹5,000 to ₹10 lakh with a processing fee of 2% and an interest rate of 9.99% per annum. Loan tenures are flexible, ranging from 12 to 60 months.
Eligibility Criteria
Age: 21 – 61 years
Minimum monthly income: ₹18,000
Mandatory credit score (CIBIL): 750
Required Documents
Proof of residence: Ration card, passport or permanent address proof
Income proof: 6 months salary slips, 3 months bank statement, 2 years income tax returns
Completed registration form
How to Apply
Applicants can apply online through the Allahabad Gramin Bank website. After filling the application form, select the “Personal Loan” option under “I’m looking for”. A bank representative will contact the applicant to guide through the remaining steps.
Interest Rate & EMI Calculation
The personal loan interest rate is fixed at 9.99% per annum. To calculate the EMI, use the loan amount, interest rate, and tenure in a standard EMI calculator.
Processing Time
If all documents are verified and the application form is correctly filled, the loan can be approved within 30 minutes.
Other Loan Products Offered by Allahabad Gramin Bank
Home Loan – Minimum age 21 years, interest repayment up to ₹2 lakh
Government Employee Personal Loan – Tailored to employee’s salary
Car Loan – Interest rate 9.99%, tenure up to 7 years
Education Loan – Available for studies in India and abroad
Pensioner Personal Loan – Low processing fee and attractive interest rates
FAQs
What is the interest rate for a personal loan? 9.99% per annum.
What is the minimum age to apply? 21 years.
What is the minimum loan amount? ₹5,000.
What is the maximum loan amount? ₹10 lakh.
What is the required monthly income? Minimum ₹18,000.
What is the processing fee? 2% of the loan amount.
How long does approval take? Approximately 30 minutes after document verification.
Is a CIBIL score required? Yes, a minimum score of 750.
Can government employees apply? Yes, a special scheme is available for them.
What documents are needed? Residence proof, identity proof, salary slips, bank statements, income tax returns, and a filled registration form.
Conclusion
Allahabad Gramin Bank provides a straightforward personal loan solution with competitive interest rates, quick processing, and flexible repayment options. By meeting the eligibility criteria and preparing the required documents, applicants can secure funds ranging from ₹5,000 to ₹10 lakh within minutes. Share this information with anyone who may benefit from a fast and reliable personal loan.