I want loan of Rs.50,000/- for personel purpose my monthly salary is around 6000/- so can i get loan in low interest.
2007-03-09 22:27:39 · 8 answers · asked by chaya 1 in Business & Finance ➔ Personal Finance
Hi, Your Salary is sufficient as per the credit norms of the Banks.
If you are trying to get the loan from MNC banks, the rate of interest for Personal Loan would be any where between 13% to 18%p.a., but if you take this loan from a scheduled or cooperative bank, interest rate would be between 10 to 14%p.a.
You can check with Corporation Bank or Union Bank.
SBI bank's interest rate is also less, but too much of documentation.
I work as a Credit manager in one of the banks in Mumbai...do ask us if in case you still have any queries.
2007-03-09 22:39:46 · answer #1 · answered by Sameer 2 · 0⤊ 0⤋
I don't think any bank whether nationalised, private or foreign bank would give. Even if the will, lots of documantation & harrasment. I'll suggest contact local monelender / mahajan. I think you have to keep something in-lieu of loan, or mortgage something. But explore this option only if you are confident of repaying it, otherwise it would misfire
2007-03-09 23:10:13 · answer #2 · answered by jigeshdoshi 1 · 0⤊ 0⤋
50000 Personal Loan
2016-10-18 04:18:13 · answer #3 · answered by Anonymous · 0⤊ 0⤋
You're about a year late to get an interest rate that low.
2016-03-18 04:28:46 · answer #4 · answered by Ellen 3 · 0⤊ 0⤋
noo bank said your monthly salary is Rs. minimum 13,000/- then you can get loan otherwise no. & bank also said as per bank norms this is requirement.
2015-07-14 21:52:31 · answer #5 · answered by STAR DELTA TRANSFORMERS 1 · 0⤊ 0⤋
Boss ...
getting 50,000 as loan is very easy ...........
Go to any Bank... you will get it in no time.
But .......................
Whats difficult is...................
even after......... repaying regularly......... getting off from the bank guys safely...
I tell you................ they are .......... after your BLOOD.
Think 50,000 times before going to a bank for loan.
2007-03-10 23:02:01 · answer #6 · answered by surez 3 · 0⤊ 0⤋
Yes u can get it from a bank easily.
2007-03-09 22:31:00 · answer #7 · answered by AVANISH JI 5 · 0⤊ 0⤋
if u work one system and then a second system, and perfect it on the third year, then high five digits, through two source.
2007-03-09 23:20:42 · answer #8 · answered by war l 1 · 0⤊ 0⤋
I WANT 50000 MY SALAY 16500
2016-01-08 00:43:44 · answer #9 · answered by AVNAISH 1 · 0⤊ 0⤋
I think the below website helps you.
2007-03-11 00:04:30 · answer #10 · answered by Anonymous · 0⤊ 1⤋