Can I get loan from Corporation Bank?
Can I get loan from Corporation Bank?
Loan Amount – Corporation Bank offers loans between ₹ 1 Lakh and ₹ 2.50 Lakh and charges lower rates on higher loan amount and vice-versa, so apply accordingly. Salary – Corporation Bank offers personal loan to all customers with a net take home monthly salary of more than ₹ 20,000.
How much salary is eligible for personal loan?
Banks ask for a minimum income of ₹ 25,000 for a personal loan. However, some banks give loans for a salary less than ₹ 25,000. Your loan eligibility is calculated based on the ratio of your fixed obligations to your monthly income.
Can I get personal loan if my salary is 15000?
Income: In order to be eligible for a personal loan through a bank, you have to draw a minimum salary every month, which varies from bank to bank. But generally, if you are earning at least Rs. 15,000 every month, you will be eligible for a personal loan.
How can I check my loan status in Corporation Bank?
A person can check the loan status by calling the numbers 1800 425 2407 for any financial queries including Personal Loan. You can also directly go to the branch you apply at to meet the officer in charge to know the status of your personal loan application.
How much loan can I get on my salary 15000?
A: A salary of Rs. 15,000 generally falls in the category of a low-income borrower group. So, an instant personal loan app with a maximum approval amount of 1.5 Lakhs can be availed by the borrower with a starting salary of Rs. 15,000.
Can I get personal loan if my salary is 13000?
You can get the loan without having to submit any security. Most banks stipulate a minimum monthly salary of INR 15,000 – INR 20,000 for individuals to get a personal loan. However, those earning less than INR 15,000 can also get the loan.
How much loan can I get on 60000 salary?
However, if you are deliberating on the loan amount with how much loan I can get on a 60,000 salary, the approved amount should be close to Rs. 16.20 lakhs….Multiplier Method.
| Salary | Expected Personal Loan Amount |
|---|---|
| Rs. 40,000 | Rs. 10.80 lakhs |
| Rs. 50,000 | Rs. 13.50 lakhs |
| Rs. 60,000 | Rs. 16.20 lakhs |
How much loan can I get on 35000 salary?
Here taking a salary as ₹ 35k, & without any fixed monthly obligation, you can pay a maximum of ₹ 17,500 as EMI considering 50% FOIR. If the interest rate is 10% per annum, the loan amount eligibility can be arrived at ₹ 20,46,586 using a home loan eligibility calculator (assuming 3 household members).
How do I download my loan statement from Corporation Bank?
Below are the steps to download the Corporation Bank statement:
- Login to the Net Banking page.
- A list of running account will be displayed on the screen, just click on the ‘detailed’ to proceed further.
- Next, select the date range for the account statement and click the submit button.
How can I check my loan status in Andhra Pradesh?
The farmers’ families covered by the first phase could get the loan status details by furnishing information like Aadhar card, Ration card and Loan no by logging in to >http://apcbsportal.ap.gov.in/loanstatus.
How much loan can I get if my salary is 24000?
With a salary of ₹ 24,000, the maximum amount he is eligible for is ₹ 5.89 Lakh. The interest he has to pay for this amount for 72 months is 9.60%.
How to apply for personal loan in Corporation Bank?
You can also check your eligibility for a personal loan through CreditMantri and apply for it. In case of any queries regarding Corporation Bank personal loan – be it application process, eligibility criteria, loan approval or loan dispersal can be obtained through Corporation Bank Personal Loan Customer Care toll-free number 1800 425 3555
What is minimum income requirement for Corporation Bank personal loan?
Minimum Salary Requirement for Corporation Bank Personal Loan: Minimum net income required for Corporation Bank personal loan is Rs.25000 per month Corporation Bank Personal Loan Tenure: Corporation Bank offers loans for a tenure with maximum of 60 months
How much can I get from Corporation Bank?
Loan amount: Starting from as low as Rs.10,000 the quantum of the Corp Personal Scheme Corporation Bank can go up to Rs. 3.50 lakh. Flexible repayment: You can repay your Corporation Bank personal loan within a period of 60 months.
Who is eligible for Corp Shubha Vivah personal loan?
Additional Corporation Bank personal loan eligibility criteria for Corp Shubha Vivah applicants are: Close relative/s may be co applicant to supplement repayment capacity. Maximum of two co-applicants on a single loan application may be considered for arriving at repayment capacity.
