PERSONAL LOAN

Affordable finance to meet your personal financial needs

A personal loan can be availed, maximum upto Rs.5,00,000 based on repayment capacity. ROI starts at 14% p.a. with an easy repayment period of upto 60 months.

Personal Loan can be availed at all TBSB branches.

  • For meeting personal/ceremonial/medical expenses of self / dependent.
  • For purchase of household articles, consumer durables, repair / renovation of house property, repayment of debt etc.
  • Loan Amount : Personal loan can be availed, maximum upto Rs.5,00,000 based on repayment capacity.
  • ROI :
    • 1. With Section 49 : 13%
    • 2. Without Section 49 : 14%
  • Tenure : Personal loan allows easy repayment period of upto 60 months.
  • Availability : Available at all TBSB branches. If you wish to apply for personal loan and start the process online, you can also fill up this form and we will conncet with you for further details.
  • Eligibility : Any individual customer of TBSB, with monthly fixed income greater than the threshold income, can be eligible for personal loan. Provided all other conditions are also fulfilled.
  • Documents : Easy Documentation
  • Collateral Security Needed : Collateral security equivalent to 50% of loan amount. Nosecurity required, In case of, undertaking from employer for deduction of EMI is available,
  • Share Holding : New Share holding equal to 5% of the loan amount & guarantors will have to become nominal members of thebank.
  • Guarantors : Minimum two guarantors acceptable to bank having minimum net salary / income of Rs.10,000/- p.m.
  • Processing Fee : 1% of the Loan amount + Applicable Tax

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