JPMorgan Chase & Co. is a leading global financial services company and the largest bank in the United States by assets. Headquartered in New York City, it plays a central role in global banking, investment, and asset management, serving millions of consumers and major corporations worldwide.

Key facts

• Founded: 2000 (merger of J.P. Morgan & Co. and Chase Manhattan Corporation)
• Headquarters: New York City, U.S.
• CEO: Jamie Dimon (since 2005)
• Total assets: ≈ $3.9 trillion (2024)
• Ticker symbol: JPM (NYSE)

Origins and structure

The company’s modern form resulted from the 2000 merger of Chase Manhattan Bank and J.P. Morgan & Co., consolidating a lineage that dates back to the 18th century. Its major business segments include Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset & Wealth Management. This structure allows it to offer a full spectrum of financial services, from retail banking to complex corporate financing.

Global operations

JPMorgan Chase operates in more than 100 countries, with a vast network of retail branches under the Chase Bank brand and a global investment banking arm. It serves corporations, governments, institutions, and individuals, providing lending, trading, risk management, and advisory services.

Influence and reputation

As one of the world’s most systemically important financial institutions, the bank’s policies and performance significantly influence global markets. Under Jamie Dimon’s leadership, it has maintained strong profitability and stability, particularly noted for navigating the 2008 financial crisis relatively well.

Challenges and initiatives

JPMorgan Chase continues to face regulatory scrutiny and competitive pressure from fintech and digital banking firms. The company invests heavily in technology, sustainability, and community development initiatives, including commitments to renewable energy financing and inclusive economic growth.

Personal banking

Wealth can mean freedom and security, but managing it requires time and know-how. That’s why J.P. Morgan Private Bank provides you with personalized services and a range of premium banking products for every aspect of your financial life. You’ll have easy access to your money, when and where you need it, and an experienced Client Service team focused on you. Plus, you’ll partner with professionals who understand your goals and will work with you to help you reach them, utilizing the latest mobile and online technology to facilitate it all.

Our team is dedicated to helping you live your life the way you want, so that you can think less about managing money and more about enjoying it. We’ll help you manage your finances, monitor your accounts, distribute funds to your family and more.

Banking that follows your lead

Managing personal finances is, well, personal. Everyone has a unique approach. Our job is to identify which of our banking services match your lifestyle.

Here’s what you can expect:

• A service experience that is centered around your and your family’s needs
• Powerful mobile and online platforms for secure banking anytime, anywhere 
• Access to thousands of Chase branches across the country, and fee-free access to ATMs around the world
• Dedicated J.P. Morgan team members and client service professionals who cover your entire relationship with J.P. Morgan

A focus on the bigger picture

We help you look at your entire financial picture to make banking more efficient and more focused on your needs. Our Client Service team gets to know you on a personal level and manages your full J.P. Morgan relationship. The team can assist with everything from day-to-day transactions to more complex money movement and currency requests, all with a personalized focus on the security of your information and assets

Our personal banking products

Our team is experienced in managing both everyday cash needs and complex balance sheets to help you achieve your personal and financial goals. We take the time to understand the unique personal and professional needs of our clients, and our banking products reflect that.

Our personalized offerings for your banking needs include:

• Checking 
• Saving 
• Certificates of Deposits 
• Time Deposits

Cybersecurity where you need it most

As your net worth grows, so does your need for security. We’re well aware of many of the risks, schemes and threats out there, and we work to keep your wealth as safe as possible. Our cybersecurity safeguards constantly monitor your accounts to help protect against fraudulent activity.

In working with J.P. Morgan Private Bank, your accounts are backed by our strength as a global financial institution that invests hundreds of millions of dollars every year to protect our clients’ interests and assets.

On-boarding with style

From the moment you begin a relationship with us, we take care of every last detail. A Banking Personal Assistant will help you set up your new accounts, just the way you like them. We’ll make sure your online bill payments and direct deposits transition seamlessly.

Shared access for ease—and accountability

If you have people who may need to make cash transactions on your behalf—family members, household staff, other employees—you can give them access to an account they can draw from directly and securely, while you keep the control. It’s all possible with the Chase Privileges Debit Card, which allows you to establish preset withdrawal and purchase limits.

For your young children and dependents, you can give them joint checking accounts with the same benefits as yours— no fees, no minimums, etc. Your kids will also have access to mobile technology and cybersecurity, all monitored and guided by the same specialists who look after your own accounts. 1 We’ll help instill the basic financial management skills that will serve them for a lifetime. We recommend starting early. Your kids will thank you for it.

https://privatebank.jpmorgan.com/nam/en/services/banking/personal-banking

JPMorgan Chase

The Punjab National Bank Officers' Union contests mass transfers of senior staff, warning of operational disruptions and asking for policy review.

The All India Punjab National Bank Officers' Association (AIPNBOA) is calling for a reevaluation of recent mass transfers impacting over 1,100 Scale IV officers. This represents nearly one-fourth of the officers within this rank at Punjab National Bank (PNB), which is India's second-largest public sector bank. The association has expressed concerns that such extensive relocations may disrupt operations and hinder overall performance.

In a letter addressed to Ashok Chandra, the bank's Managing Director and Chief Executive Officer, AIPNBOA voiced alarm over the abrupt transfers, describing them as an arbitrary decision that disregards established policies. The union argues that these actions could be seen as punitive rather than a support for personnel mobility.

General Secretary of AIPNBOA, Dilip Saha, highlighted that some employees had been seeking transfers for years, but their requests went unfulfilled until now. He further noted that female officers have also been affected, despite their existing commitments outside their home zones. The letter pointed out that many had valid reasons for transfer requests that were overlooked.

The union raised other critical issues as well, stressing that some officers nearing retirement age have received transfers to distant postings, a move deemed unfair given their imminent retirement. The officers' union is advocating for a more humane transfer policy that would allow officers to remain in their roles for a minimum of six years within a circle or zone, thereby fostering better stability and performance.

Concerns were also raised regarding the existing performance evaluation system, which they found to be flawed. They argue that the issue extends beyond transfer policies to encompass fairness and transparency within the organisation. In a statement, the union expressed confidence that under the current leadership, an equitable solution could be achieved, even if it might take time.

PNB employs around 100,000 staff members, with approximately 4,000 in the Scale IV officer category, making this situation particularly significant for the bank's internal operations. Recent developments have led to discussions on the implications of these transfers and the overall morale of employees, with many calling for a more constructive approach by the bank's management.

The AIPNBOA, alongside the All India Punjab National Bank Officers' Federation (AIPNBOF), emphasised the potential negative impact of disruptive transfer policies on both individual staff and organisational stability. These unions contend that while staff mobility is essential, such significant and rapid changes may lead to demotivation and instability in the workforce. They also raised questions about the financial implications of these transfers, estimating that the bank may incur costs exceeding ₹11 crores just from relocating these officers.

Management has yet to formally respond to the unions' calls for a reassessment of the transfer policy. Employees are hopeful that their grievances will be heard, and a more balanced approach may soon be adopted at Punjab National Bank, benefiting both the institution and its staff.

PERSONAL LOAN SCHEME FOR SELF-EMPLOYED

Objective

To make available Financial Assistance to self-employed for their personal needs.

Purpose

For personal use.

The scheme is applicable to professional and initially scheme shall be applicable to CA/CS, Data Analysts, Architect/ Valuers, LIC Agents, Engineers, Software Developers and Financial Consultants only

Eligibility

Individual only – Professionals having minimum gross annual income (GAI) of Rs. 6.00 lakh for the last two years and also having minimum CIC score of 750 and above.

Maintaining his/her Saving Fund/ Current Account satisfactorily with us for the last 2 years with minimum annual credit transactions in all saving/ current accounts of the customer in our bank/ other banks, in similar capacity, amounting to Rs5.00 lac in the previous financial year

Quantum Of Finance

10 times of average Gross monthly income of last two years with a maximum of Rs.5.00 Lakh*

Margin

Nil

Security

Suitable third party guarantee, other than close relative, acceptable to the Bank, having minimum gross annual income (GAI) of Rs. 6.00 lakh for the last two years. CIC score of guarantor will be minimum 650

Repayment (Maximum)

Maximum 60 EMIs or up to 65 years of age whichever is earlier

Above are only salient features of the scheme. For details please contact nearest branch

*Loan amount will also depend on maximum permissible deduction permitted under the scheme.

*The scheme is applicable in Metro and Urban branches (initially in metro Branches only) only.

Why Choose Punjab National Bank for a Personal Loan?

• Competitive Interest Rates: PNB offers personal loans @ 10.25% p.a. onwards, which is lower compared to other leading banks such as Bank of India and Axis Bank.
• Special Schemes for Different Profiles: From salaried professionals and self-employed individuals to pensioners and working women in your perinatal period (PNB Matritva), PNB offers various personal loan scheme options.
• Trusted and Established Lender: With a strong legacy and widespread branch network, PNB is a reliable choice backed by years of banking excellence.

PNB Personal Loan Interest Rates

PNB Personal Loan interest rates have been set on the basis of job profiles, credit scores, employer’s profiles and salary account relationships of its personal loan applicants.

Types of PNB Personal Loan

PNB Personal Loan for Public

• Purpose: Punjab National Bank offers Personal Loan Scheme for Public to salaried individuals to finance their personal needs such as medical treatment, domestic/foreign travel expenses, wedding expenses, education, etc.
• Loan Amount: Up to Rs 20 lakh (up to 24 times of gross monthly salary).
• Tenure: Up to 6 years.

PNB Personal Loan for Salaried Customers of Any Bank – PNB Swaagat – New to Bank

• Purpose: Punjab National Bank offers Personal Loans for Salaried Individuals maintaining KYC compliant savings and salary accounts with any bank. The entire loan application process till disbursement is digital.

• Loan Up to ₹50 lakh

Whether it's Travel, Wedding, Home renovation, or a Medical emergency, get a loan instantly from ₹25,000 to ₹50 lakh

• Attractive Interest Rate

Interest rate starting at 9.99%* p.a.

• Instant disbursal

Get funds in 10 seconds if you are a pre-approved HDFC Bank customer.

Other customers can get a loan within 4 working days subject to requisite documentation Verification.

Wondering if you are eligible?

You can apply for a Personal Loan, if you meet the following criteria:

• Age: 21 to 60 years
• Employment: 
• - Employees of private limited companies
• - Employees of public sector undertakings (central, state, and local bodies)
• Work Experience: Minimum of 2 years of total work experience, with at least 1 year in the current organisation
• .
• Income: Minimum monthly net income of ₹25,000

Tips to Use your Personal Loan Safely

1. Build a small contingency cushion:
2. Set aside a portion of the loan amount as a backup to manage unforeseen expenses.
3. 
   
4. Reassess your financial plan:
5. After taking a loan, review your goals and monthly commitments to ensure they remain achievable.
6. 
   
7. Avoid taking on additional liabilities:
8. While repaying your loan, avoid co‑signing or guaranteeing other borrowings that may increase your financial risk.

https://www.hdfc.bank.in/personal-loan

City Union Bank Personal Loan Interest Rates

City Union Bank Personal Loan interest rates for loan applicants availing consumer loans and gold loan are as follows.

• Particulars Rates City Union Bank Instant Consumer Loan14.35% p.a. (for loan tenures below 3 years)
• 14.95% (for loan tenures above 3 years)

City Union Bank Instant Gold Loan9.70% p.a.

Note that those wishing to avail personal loan from City Union Bank can also check and compare the unsecured personal loan interest rates offered by top lenders. Being unsecured in nature, the applicants do not need to provide any security nor do the lenders create any hypothecation on the products purchased through the personal loan proceeds. The tenures of unsecured personal loans usually go up to 5 years, with some lenders offering longer tenures of 7 years. Many lenders also offer pre approved instant personal loans to their select customers with good credit profiles. Such loans are usually disbursed within a few hours of making an application, with some lenders claiming to disburse instant personal loans within few seconds or minutes of loan approval.

Fees and Charges for Availing City Union Bank Personal Loan

• Interest ratesInstant Consumer Loan: 14.35% p.a. (for loan tenures below 3 years) and 14.95% (for loan tenures above 3 years)
• Instant Gold Loan: 9.70% p.a.
• Loan amountConsumer Loan: Rs 25,000 to Rs 1 lakh
• Instant Gold Loan: Up to 75% of market value of collateral
• Repayment tenureInstant Consumer Loan: 3 to 5 years
• Instant Gold Loan: Up to 1 year
• Processing FeesInstant Consumer Loan: 1% plus applicable taxes (minimum Rs 250)
• Instant Gold Loan: 0.50%

Types of City Union Bank Personal Loans

City Union Bank Instant Consumer Loans

• Purpose: City Union Bank Consumer Loan enables loan applicants to finance their purchase of consumer durables including refrigerators, washing machines, television sets, etc.
• Loan Amount: Rs 25,000 to Rs 1 lakh (subject to the maximum of 10 times net take home pay for salaried employees and 50% of gross annual income declared in last ITR for non-salaried employees)
• Loan Tenure: 3 to 5 years
• LTV ratio: Up to 90% of the total cost of goods purchased
• Security: Hypothecation of consumer durables to be purchased out of bank finance
• Insurance: Compulsory insurance for the consumer durables purchased along with personal life insurance equivalent to the loan amount

City Union Bank Instant Gold Loans

• Purpose: City Union Bank Gold Loan enables loan applicants to procure funds for meeting their financial needs (except for agricultural purposes)
• Loan Tenure: Up to 1 year
• Loan Amount: Up to 75% of market value of collateral
• LTV ratio: Up to 75% of the market value of gold or 75% of value of gold ornaments as evaluated by the bank approved appraiser whichever is lower (in terms of gross weight) based on the scale of finance fixed by the bank
• Security: Pledging gold ornaments between 22 and 24 carats

Eligibility Criteria for availing City Union Bank Personal Loan

City Union Bank Instant Consumer Loan

• Only individuals are eligible to avail loans under this scheme
• Minimum Age: 21 (for salaried) and 25 (for self-employed)
• Maximum Age: 60 years
• CIBIL Score: 700 and above
• Income criteria: Minimum monthly salary of Rs 15,000 (for salaried) and declared income of Rs 2.5 lakh (for self-employed)

City Union Bank Instant Gold Loan

The gold ornaments pledged for availing instant gold loan should be between 22 and 24 carats.

Individuals planning to avail personal loans from City Union Bank can check the unsecured personal loan eligibility criteria offered by other lenders.

City Union Bank Personal Loan Documentation Required

City Union Bank Personal Loan applicants availing instant consumer loans and instant gold loans need to submit the below mentioned documents:

ID proof

• Aadhaar card
• Passport
• PAN card
• Voter’s identity card
• Driving license
• Ration Card
• Identity card/confirmation from employer or other bank (subject to the branch’s satisfaction)
• ID card issued by recognized educational institutions
• Letter from a recognized public authority or public servant (not below the rank of the Tahsildar) verifying the identity and residence of the customer to the satisfaction of Bank
• Job card issued by NREGA duly signed by an officer of the State Government
• Letter issued by UIDAI (Unique Identification Authority of India) with details of name, address & Aadhaar number.

Address proof

• Aadhaar card
• Passport
• Voter’s Identity card
• Driving license
• Telephone bill (not older than 2 months with installation at least before 6 months)
• Bank account statement
• Letter from a recognized public servant or public authority (not below the rank of Tahsildar) verifying the customer’s identity and residence to bank’s satisfaction
• Electricity bill (latest)
• Ration card
• Letter from employer (subject to bank’s satisfaction) ID issued by Postal Authorities
• Job card issued by NREGA and duly signed by a state government officer
• Letter issued by UIDAI (Unique Identification Authority of India) with details of name, address & Aadhaar number.
• Consumer Pass Book issued by Gas Agency
• A rent agreement indicating the address of the customer duly registered with State Government or similar registration authority

Loan applicants planning to avail personal loans from City Union Bank can also look at the documentation required for unsecured personal loans offered by other lenders.

FOR MORE DETAILS

https://cityunionbank.bank.in/personal-pers

About Canara Bank Personal Loan

• Canara Bank offers Canara Budget personal loan scheme to meet the personal requirements of the applicants at competitive interest rates.
• Prospective borrowers can apply online with quick loan approval and disbursal.
• The lender offers a loan amount of up to Rs. 30 lakh with flexible repayment tenure.
• No prepayment penalty is levied on the borrower at the time of prepayment.
• General pensioners and family pensioners drawing their pension from Canara Bank can also avail personal loans from Canara Bank.

Canara Bank Personal Loan Highlights

• Interest Rate: 9.70% -15.15% p.a.
• Loan Amount: Up to Rs. 30 lakh
• Loan Tenure: Up to 7 years
• Processing Fees: Up to 0.50% of the loan amount (Rs 1,000 to Rs 5,000)- 50% off on processing fee

Rates as of 9th March 2026

Canara Bank Personal Loan Interest Rates

Canara Bank Personal Loan interest rates start from 9.70% p.a. Canara Bank sets its personal loan interest rates based on the types of its personal loan schemes and the applicant’s salary account relationship with the bank. While the cut-off credit score for availing Canara Bank Personal loan has not been disclosed, the bank has mentioned the interest rate differentiation based on the credit score-based risk grade for its personal loan applicants.

Canara Bank Floating Interest Rates

Canara Bank- Individual

Credit Score-Based Risk GradeInterest Rates (p.a.)CRG:112.65%CRG:212.70%CRG:313.20%CRG:414.70%

Canara Budget- Prime (with salary tie-up)

Credit Score-Based Risk GradeInterest Rates (p.a.)CRG:19.70%CRG:29.70%CRG:39.70%CRG:414.70%

Canara Budget- Prime (without salary tie-up)

Credit Score-Based Risk GradeInterest Rates (p.a.)CRG:110.70%CRG:210.70%CRG:310.70%CRG:414.70%

Canara Budget- Delight (with salary tie-up)

Credit Score-Based Risk GradeInterest Rates (p.a.)CRG:110.70%CRG:210.70%CRG:310.70%CRG:4Not Eligible

Canara Budget Special Package

Relationship with the bankInterest Rates (p.a.)With salary tie-up12.40%Without salary tie-up13.40%

Canara Pension Loan

Type of PensionersInterest Rates (p.a.)General Public10.75%

Canara Bank Personal Loan Fixed Interest Rates

Canara Budget- Individual

Credit Score-Based Risk GradeInterest Rates (p.a.)CRG:113.10%CRG:213.15%CRG:313.65%CRG:415.15%

Canara Budget- Prime (with salary tie-up)

Credit Score-Based Risk GradeInterest Rates (p.a.)CRG:110.15%CRG:210.15%CRG:310.15%CRG:415.15%

Canara Budget- Prime (without salary tie-up)

Credit Score-Based Risk GradeInterest Rates (p.a.)CRG:111.15%CRG:211.15%CRG:311.15%CRG:415.15%

Canara Budget- Delight (with salary tie-up)

Credit Score-Based Risk GradeInterest Rates (p.a.)CRG:111.15%CRG:211.15%CRG:311.15%CRG:4Not eligible for the loan

Canara Pension Loan

Type of PensionersRate of Interest (p.a.)General Public11.25%

Canara Bank Personal Loan Processing Fees and Charges

Processing Charges:

SchemeProcessing ChargesCanara BudgetUp to 0.50% of the loan amount (Rs 1,000 to Rs 5,000)- 50% off on processing feeCanara PensionNIL

Prepayment Charges:

Canara Bank does not charge any prepayment charges from its personal loan applicants. There are no restrictions on the prepayment of Canara Bank Personal Loan.

Compare the processing fees for personal loan levied by top personal loan lenders

Types of Personal Loans offered by Canara Bank

Canara Ready Cash

Purpose: Canara Ready Cash is a pre-approved personal loan scheme offered to existing salaried customers of Canara Bank to meet their personal requirements other than speculation.

Loan Amount: Rs 50,000-Rs 10 lakh

Tenure: 1 year to 5 years

Canara Heal Healthcare Loan

Purpose: Canara Bank offers Canara Heal Healthcare scheme to its existing as well as new customers for financing the hospital expenses while settling claims of self or dependents.

Loan Amount: Rs 1 lakh- Rs 5 lakh

Tenure: 1-3 years

Canara Budget

Purpose: Personal loan for government/PSU employees, teaching professionals of top institutes/universities and employees of top private sector companies

Loan Amount:

• 6 months’ gross salary or up to Rs 3 lakh, whichever is lower
• Higher quantum considered in selective cases

Tenure: Up to 5 years

Processing Fees: 0.5% of the loan amount, subject to Rs 1,000- Rs 5,000

Canara Pension- General Public

Purpose: Canara Bank offers pension loan to meet the personal needs of pensioners

Loan Amount and Tenure:

https://www.canarabank.bank.in/canara-budget

Features and Benefits

TMB Personal Loan supports to meet your marriage expenses, purchasing consumer durables or household articles and to address any other personal needs and contingencies.

Term Loan

• With Collateral cover of 200% and Registration of check-off facility - 10 times of the gross salary as per latest salary bill with a maximum of Rs.10.00 lakh
• Without collateral and Registration of check-off facility – 6 times of the gross salary as per latest salary bill with a maximum of Rs.5.00 lakh
• Without collateral and without Registration of check-off facility – 6 times of the gross salary as per latest salary bill with a maximum of Rs.1.00 lakh

Eligibility and Terms

Individuals - Aged 21 to 54 years having minimum Gross salary of Rs.20,000/- per month.

Permanent employees who are confirmed in the services of Govt. Departments, reputed corporates / business houses, teachers working in recognized educational Institutions, NRIs etc., whose age is below 54 years

Salaried person –

• Maximum of 60 EMI.

Collateral Security:

• No collateral security up to a credit limit of Rs.5.00 lakh.
• For limit above Rs.5 lakhs: - Mortgage of Vacant Land/ Land and Building property (other than agricultural property) preferably residential properties owned by the borrower or by his/her family members with the collateral coverage not less than 200% of the limit.

Interest and Fees

Interest :Click here to know the Rates of Interest for loans

Fees & Charges1% of the Loan amount plus GST

https://www.tmb.bank.in/pages/TMB-personal-loan#

Fixed Rate of interest (on monthly Reducing basis)

ROI Starting from 9.99%*

T&C apply

Tenure: Min 9 months, Max 60 months

Minimum EMI: ₹2124/- per month

Max APR: 35%*

Sample Calculation:

On a term personal loan for ₹1,00,000 at rate of (9.99%) per annum, for a tenure of 60 months, the EMI amount excluding the processing fee will be (₹2,124/-) Loan disbursal at sole discretion of IDFC FIRST Bank Ltd.

https://www.my.idfcfirst.bank.in/firstmoney/apply-loan?

Quick Approvals: You can easily get a personal loan without waiting for hours or standing in queues. The online personal loan approval process at Federal Bank is simple and efficient, with minimal documentation required.

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Convenient Tenure: Choose a repayment tenure of up to 60 months for your personal loan.

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Flexible Payment: EMI options are available to help you manage your expenses without stretching your budget.

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No Restrictions on Usage: A personal loan can be used for any legitimate purpose, from medical emergencies and home renovations to travel and more.

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Tailor-Made Personal Loans: FedPremia, Federal Bank’s exclusive personal loan, offers a hassle-free solution for salaried employees earning a minimum monthly salary of ₹25,000. 

Still curious? Explore our blog on the Top Benefits of Personal Loans.

Eligibility Criteria for Personal Loans

Here’s what you need to know to avail a personal loan from Federal Bank:

✔

Must be an Indian citizen with a monthly net salary of Rs.25000/- and above.

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Must be between 21 and 55 years of age.

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Must have a minimum of 3 years of work experience to be eligible for FedPremia, Federal Bank’s exclusive personal loan.

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Must have an Aadhaar card linked with a mobile number for online personal loan approval.

How to Apply for a Personal Loan?

The process of borrowing a personal loan from Federal Bank is similar to that of any other bank. You can either visit a branch or submit your contact details through the enquiry form.

Here’s what you should know to get a personal loan instantly:

1. Determine your purpose

Identify your financial needs before applying for a personal loan. This will help you decide the amount you wish to borrow and set a repayment tenure that suits your capacity.

2. Check personal loans’ eligibility, terms, and conditions

Once you know your requirement, check whether you are eligible for a personal loan. For clarity, you can use the personal loan EMI calculator. Then, either visit a Federal Bank branch or proceed with the online personal loan application option.

3. Submit documents

Keep all the necessary documents handy, from identity and residential to income proof (as mentioned above).

At Federal Bank, we offer several types of personal loans, each with its own application process.

Personal Loan Interest Rates and Charges

At Federal Bank, the personal loan interest rates varies depending on the loan amount, tenure, and your profile. The repayment tenure typically spans from one to sixty months, offering flexibility in repayment.

By using a personal loan interest rate calculator, you can plan your borrowing and repayment more effectively.

Documents Required for a Personal Loan

Here’s a list of documents you need to borrow a personal loan online and offline:

✔

Identity Proof: Aadhaar Card, PAN Card, Voter ID, Driving License, or Passport

✔

Address Proof: Electricity Bill, Ration Card, or Rental Agreement

✔

Income Proof: Last 6 months’ salary account statements or last 3 months’ salary slips.

✔

Personal Loan Application Form: Duly filled and signed.

✔

Photograph: Recent passport-size photo 

https://www.federal.bank.in/personal-banking

About Indian Bank Personal Loan

• Indian Bank offers personal loans to cater to the personal requirements of applicants, except for speculation.
• The loan proceeds can be used for marriage, education, medical emergencies and other household expenses.
• The lender offers takeover facility to applicants having their salary accounts with Indian Bank.
• Indian Bank also offers personal loans to pensioners drawing their pension from Indian Bank.
• Individuals employed with government bodies/listed companies and autonomous bodies with their salary credited in the savings account maintained with Indian Bank are eligible for overdraft facility.

Indian Bank Personal Loan Highlights

• Interest rate- 9.00%-15.25% p.a.
• Loan Amount-
• Up to 20 times of monthly gross salary (for salaried applicants)
• Up to 15 times of monthly pension (for pensioners)
• Loan Tenure-
• Up to 7 years (for salaried applicants)
• Up to 10 years (for pensioners)
• Processing Fees- Up to 1% of the loan amount

Indian Bank Personal Loan Interest Rates

Indian Bank Personal Loan interest rates start from 9.00% p.a. The bank has mentioned its interest rate differentiation based on the type of Indian Bank Personal Loan scheme, employment profile and loan tenure. While the bank has not disclosed the credit score or monthly income based interest rate differentiation, Indian Bank may also consider these factors, just like many lenders do, while setting its personal loan rates.

Floating Rates

Clean Loan 

ClassificationRate of Interest (p.a.)Non-Priority Term Loan for GMRA Premium9.00% to 9.15%IB Saral9.60%IB Professional9.25%-9.50%IB Insta Cash9.25%

Salary Loan & IBCLS Plus

ClassificationRate of Interest (p.a.)Clean Loan to Salaried Class – Term Loan9.90% to 10.40%Clean Loan to Salaried Class – Overdraft10.90% to 11.40%

Pension Loan

ProductRate of Interest (p.a.)Pension Loan10.15% to 10.40%

Pre-approved Personal Loan

Applicant TypeRate of Interest (p.a.)Pensioners, Salaried & Regular Income Applicants11.40%Self-employed Applicants12.00% to 14.00%Home Loan customers10.00%

Fixed Rates

Clean Loan 

ClassificationRate of Interest (p.a.)Non-Priority Term Loan for GMRA Premium10.25%-10.40%IB Saral10.85%IB Professional10.50%-10.75%IB Insta Cash10.50%

Salary Loan & IBCLS Plus

ClassificationRate of Interest (p.a.)Clean Loan to Salaried Class – Term Loan11.15%-11.65%Clean Loan to Salaried Class – Overdraft12.15%-12.65%

Pension Loan

ProductRate of Interest (p.a.)Pension Loan11.40%-11.65%

Pre-approved Personal Loan

Applicant TypeRate of Interest (p.a.)Pensioners, Salaried & Regular Income Applicants12.65%Self-employed Applicants13.25%-15.25%Home Loan Customers11.25%

Types of Indian Bank Personal Loan

IB Clean Loan to Salaried

Purpose: Regular personal loan scheme for meeting medical, educational, marriage, family functions and other household expenses of individuals employed in government sectors or private salaried borrowers (other than speculative purposes)

Loan Amount:

• No check-off/undertaking available and salary credited in Indian Bank- Up to 20 times of monthly gross salary. The maximum limit is capped at Rs 50 lakhs.
• Check-off/undertaking available and salary may or may not be credited in Indian Bank- Up to 20 times of monthly gross salary
• Home loan is already availed by the customer and salary is credited in the Indian Bank- Up to 20 times of monthly gross salary

Tenure: Up to 7 years (loan closure 3 months prior to superannuation)

Overdraft:

• No check-off/undertaking available and salary credited in Indian Bank-
• The overdraft limit is equal to 1 month’s gross salary of the applicant subject to a maximum of Rs 2 lakhs
• The limit is for a tenure of 1 year
• The maximum limit is up to Rs 50 lakhs
• Check-off/undertaking available and salary may or may not be credited in Indian Bank (or) Home loan is already availed by the customer and salary is credited in the Indian Bank
• For limits up to Rs 5 lakhs – Maximum 5 years
• For limits above Rs 5 lakhs – Maximum 7 years

Processing Fee: 1% on the loan amount

IB Pension Loan Scheme

Purpose: Pension loan offered to pensioners/family pensioners for meeting their various financial requirements like marriage, education, family functions, medical, etc.

Loan Amount:

• For Regular Pensioners: Up to 18 times of pension credited monthly
• For Family Pensioners: Up to 12 times of pension credited monthly

Tenure: Up to 10 years with respect to the exit age criteria

Processing Fee:

• Up to Rs 25,000- NIL
• Up to Rs 25,000- Rs 250

IB Professional

Purpose: Indian Bank offers personal loan to professionals for personal purposes such as household articles, setting up or renovation of office, to celebrate family functions, purchase of consumer durables and other personal/household expenses etc.

https://indianbank.bank.in/

About Us : ArivuPro is an Ed-tech company and Academy in Bangalore established in the year 2015 that offers tutoring services for a wide variety of professional exams in the commerce stream, and we have also tied up with various institutions in India to provide integrated courses. Our aim is to be a one-stop solution for all the needs of commerce professionals.

Qualification: CMA and related professional commerce degree

Experience : Fresher/ 1-2 Years

Job Location: Bangalore, Chennai

Language: English

Responsibilities : 

● Should be able to teach and conduct classes for CMA (USA) subjects

● Check the Attendance records and prepare reports on a daily basis.

● Check on regular absenteeism and conduct counselling sessions for such students and prepare records for the same.

Right Fit: 

● CMA and related professional commerce degree qualifications

● Excellent oral and written communication

● Proficient computer literacy.

● The person should be highly energetic; able to drive projects; be a team player

● Should have the ability to handle students in a class.

● Should be willing to travel.

Job Type : Full Time

https://www.linkedin.com/jobs/view