Corporation Bank Personal Loan Rates

I want to take Personal Loan from Corporation Bank but I have no idea about the Rates of the loan so please can you give me the interest’s rates of the loan and also provide me the page where I can get the detail of personal loan of Corporation Bank?

[Shaleen]

Here you are want to know about the personal loan rates of corporation bank. So I provided whole detail about personal loan rates here for you….

You can get a personal loan from around Rs.2500000 to 1500000 or even higher, which is Depending on your credit history and eligibility

All the charges levied by a bank attract a service tax at the rate of 12.36 p.a.

I hope you are satisfied.

NOTE:
Loan rates keeps on changing as per the policy of bank, so please verify with the bank before taking any financial decision.

Hi I want to know the rates of Personal Loan of Corporation Bank and other details so can you please provide me?

[Pathak]

Corporation Bank is a public sector banking company headquartered in Mangalore, India. It was established on 12 March 1906. Its head quarter is located in Mangalore, Karnataka, India.

The Purpose of corporation bank personal loan is to meet any genuine personal expenses relating to family functions, education, travel, marriage, medical etc.

The loans are both for salaried and self employed.

The Loan tenure is 1 yr – 5 yrs.

Loan amount = 12 times the take-home pay In the case of Salaried.

25% of the gross annual income in the case of self-employed

Personal loan Interest Rate -14.50% p.a. w.e.f 04.05.2009

13.50% where salary is routed & undertaking letter is available).

Service Charges- 1.50% of the loan amount subject to a minimum of Rs.500/-

GE Money Personal Loan offers you easy access to money with minimum documentation, and offers you maximum benefits:

Customised loan options for both salaried and self-employed individuals
Higher loan amounts
Competitive rates
Easy documentation options
Insurance protection on your loan
Quick processing

A few documents for Personal Loans and your wish will be granted.

Age Proof
Signature and ID Proof
Residence Proof
As Income Proof
Alternate Documents

Age Proof (Choose One)

Date of birth Certificate
Passport
PAN Card
Laminated Driving License

Signature and ID Proof (Choose One)

Banker’s photo verification
Live Passport
Live Laminated Driving License
Live Photo Credit Card
Employer’s ID (reputed companies and govt.)
PAN CARD

Residence Proof (Choose One)

Latest Telephone Bill
Latest Electricity Bill
Latest Water Bill
Latest Gas Bill
Latest Insurance Premium Receipt
Laminated Driving License
Election Card
Passport
Rent/Lease Agreement
Allotment Letter (in case of govt. accommodation)
Sale Deed

As Income Proof

- Salaried Individuals

Salary slip/Salary certificate for last 3 months
Complete 3 months bank statement required
Bank Statement Verification Authorization letter duly signed by the applicant

- Self-employed Individuals

ITR for 2005-06 & 2004-05 with computation of income & Complete audited financials
Complete 6 months bank stmt required
Bank Statement Verification Authorization letter duly signed by the applicant

Contact details

Corporation Bank
Lower Car St, Bhavathi, Bunder, Mangaluru, Karnataka 575003 ‎

Map location

[MAP]Corporation Bank Karnataka[/MAP]