Loan is offered by Catholic Syrian Bank Ltd. to people to help them for meeting out their fund requirements for any purpose that is legally permitted. We at money superbazaar will provide you detailed information about loan and other factors such as Catholic Syrian Bank Personal Loan interest rate, repayment options and Catholic Syrian Bank Personal Loan eligibility norms subject to the fulfillment of which only loan will be granted. 

Catholic Syrian Bank Personal Loan Interest Rate:

According to Catholic Syrian Bank Personal Loan review by market experts, loan is available at Catholic Syrian Bank Personal Loan rate. It is calculated on the base rate that is set by bank as per guidelines given by RBI. Effective Catholic Syrian Bank Personal Loan rate for lending purposes is 16.75% per annum.

Catholic Syrian Bank Personal Loan Eligibility Norms:

Following are persons eligible for loan according to Catholic Syrian Bank Personal Loan eligibility norms as stated below:

a)    Salaried persons employed permanently with government organizations, PSUs, reputed concerns etc.

b)    Non-salaried borrowers such as those who are self-employed or are professionals

Quantum Of Catholic Syrian Bank Personal Loan:

Loan offered at Catholic Syrian Bank Personal Loan rate is in quantum that is calculated as below, as per Catholic Syrian Bank Personal Loan review:

a)    Salaried persons: up to 24 times of his/her net monthly salary 

b)    Others: up to 2 times of their annual income taxable.
These amounts are subject to these caps:

a)    Minimum of Rs0.5lacs

b)    Maximum of Rs.25lacs

Loan amount sanctioned bears no relation with Catholic Syrian Bank Personal Loan rate that is levied on it. 

Procedure To Be Followed While Applying For Catholic Syrian Bank Personal Loan:

Those loan-seekers who are interested may approach their nearest bank branch to know more and avail of loan. They should furnish security in the form of:

a)    For loans less than and equal to Rs.10lacs:- House plot or any commercial plot that is located on a prime site, with/without a building considering a margin of up to 40% on it.

b)    For loans above Rs.10lacs:- residential property of borrower or any commercial plot that is located on a prime site, with a building considering a margin of up to 40% on it.

Further a guarantee by either spouse or any other family member approved by bank is also required. A minimum processing fee at Rs.10 is also levied before loan-disbursal is made. It over and above interest at Catholic Syrian Bank Personal Loan interest rate.

According to Catholic Syrian Bank Personal Loan review, following documents are required to be submitted are:

a)    Photo ID proof

b)    Residence proof

c)    Proof of Assets owned

d)    Income proof

e)    2 passport-sized photographs of borrower and guarantor

f)    Duly filled-in application form

Tenure Of Catholic Syrian Bank Personal Loan:

Loan has repayment tenure that spans a period of 5 years. Catholic Syrian Bank Personal Loan rate stated above as per bank’s official website and Catholic Syrian Bank Personal Loan review by market experts may change during tenure period.

Repayment Of Catholic Syrian Bank Personal Loan:

Borrower should ensure that entire loan amount is repaid before end of tenure, in a maximum of 60 equated monthly installments, comprising of loan principal and interest at Catholic Syrian Bank Personal Loan interest rate.

Product Page Urlof Catholic Syrian Bank Personal Loan:    in case of further information, you may log on to following link: http://www.csb.co.in/asp/0100text.asp?pageId=189&headId=234

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