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    Personal loan eligibility criteria

    May 6th, 2010 by rupeetalk.com
  • Personal loan eligibility criteria

    The usual eligibility criteria for most banks are as follows:

    Criteria Salaried Self Employed
    Age (yrs.) 21-60 25-65
    Experience (yrs.) Total 2 years; 1 year in current employment Total 5 years; 3 years in current business
    Minimum annual income Rs. 60,000 Rs. 96,000
    *The exact criteria may vary from bank to bank.

    You can get a Personal loan from around Rs. 25,000 to Rs. 15,00,000 or even higher, depending on your eligibility, repayment capability and credit history.

    7 Comments

7 Responses to “Personal loan eligibility criteria”

  1. Raj pillai said on

    I need a personal loan of 1.5 lakhs, I am now working in a small bpo firm since oct 09, presently my salary is 12000.

    Due to tough time recession in 2009 lost job./-,This being small firm I dont have appointment letter or salary slips. they pay cash,cheque I deposit in my bank. My bank statement is proper maintained and i have not default anytime earlier.

    I am hoping to get into proper employment, but now i am finding difficult to get loan. Please guide.

  2. n k. pandey said on

    I need personal loan 1to 1.5 lacs , my i hope a good response
    and may i get it within a week

  3. D.SATYANARAYANA said on

    i need 1.2 lacs personnel i am working infrastructure limited

    my present salary 26000

    give the details

  4. Hari Das said on

    I need personal loan Rs.60,000.I am working at TATA CONSULTANCY LTD. KOLKATA.My present ctc is 160,000

  5. I would like to buy an agri – land for that I need 12 Lakhs.

  6. Y.S.JASMMIN said on

    I need personal loan rs. 2,00,000/- how to apply & how to approach it

  7. Anoop.K.p said on

    I’ve applied for a personal loan with sbi. When i checked the cibil score it is found 579.
    I’ve made dues in a previous loan. That was written off now. I made the delayed payment due to the sickness of my father and mother.
    Now my financial stability is sound.
    How can i improve my score and please let me know whether sbi check my cibil status?

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