Vijaya Bank Personal Loan: Interest Rates, Eligibility, How to Apply

Vijaya Bank Personal Loan: Vijaya Bank (Vijaya Bank) Personal Loan Salary can get a maximum of Rs 10 lakh and pensioners can get a maximum of Rs 2 lakh.

Benefits of Vijaya Bank Personal Loan

  • minimum interest rate
  • there are no hidden costs
  • minimal documentation
  • longer repayment period
  • Minimum income requirement
  • Attractive offers are provided to pensioners.

Documents Required for Vijaya Bank Personal Loan

Following are the important documents to be submitted while applying for Personal Loan from Vijaya Bank:-

  • Well filled application form
  • 3 passport size photographs
  • Bank account or passbook details for the last six months
  • Residence proof (minimum telephone bill / photocopy of electricity bill)
  • Identity Proof (Photocopies of Voter ID Card / Passport / Driving License / PAN Card)
  • IT returns for three years for own business owners
  • Form 16/IT Return for the last two years for salaried employees

Vijaya Bank Personal Loan Details

To meet the various needs of the people, Vijaya Bank Personal Loan is the perfect way to meet your needs. You can choose the best personal loan based on your requirement.

V-CASH – Loan for Salary Takers and Pensioners

description Salary takers / Own business pensioners
Age 21 years to 63 years 63 years to 72 years
loan amount maximum 10 lakhs 2 lakh
repayment period max 60 months
Rate of interest up to 13.50% up to 12.50%

Purpose: Loan can be taken for any purpose like medical expenses of salary takers, marriage of applicant/family members, purchase of items etc.

Application Eligibility Criteria : Personal loan can be availed by those employed above 21 years of age and above 72 years of age through pensioners who are earning salary or receiving pension through Vijaya Bank.

Loan amount for salaried class – Maximum can be availed up to Rs 10 lakh.

Loan amount for pensioners – can be availed up to a maximum of Rs 2 lakh.

Finance will be assessed – 18 times the salary/pension of the last 6 months

Pensioners: 18 times the average pension during the last six months or a maximum of Rs 2 lakh

rate of interest

Salary Drawn : 1 year MCLR + 5.00% = 13.50%

Pensioners : 1 year MCLR + 4.00% = 12.50%

Guarantor for Salaried: Guarantee of Spouse is waived. Third party guarantee is mandatory.

Guarantor for Pensioners: Life Guarantee is mandatory. If the spouse’s guarantee is not available, the guarantee will compulsorily be taken.

Processing Fee : 0.75% of the loan amount + GST.

documentation fee

i) Rs 2 lakh or less – Nil

ii) Above Rs.2 Lakh – 0.10% + ST Minimum Rs.500+GST

Repayment Period : Maximum 60 Months

The eligibility criteria for Vijaya Bank personal loan are as follows:-

CIBIL Score 750 or more
Age 21 to 60 years
minimum income 25000 per month
profession Salaried / Self Employed

How to Apply for Vijaya Bank Personal Loan?

To get a personal loan from Vijaya Bank, you can visit your nearest Vijaya Bank branch and submit the application form. You can also apply online.

What is the interest rate of Vijaya Bank personal loan?

Vijaya Bank personal loan interest rate starts from 10.50% p.a.

What is the minimum age to avail Vijaya Bank personal loan?

You must be 21 years of age or above to apply for Vijaya Bank Personal Loan.

What is the maximum age to avail Vijaya Bank Personal Loan?

The maximum age to avail Vijaya Bank Personal Loan is up to 60 years.

What is the minimum loan amount that can be taken from Vijaya Bank personal loan?

The minimum amount you can take with Vijaya Bank personal loan is Rs 50,000.

What are the documents required for Vijaya Bank personal loan?

Aadhar Card, Voter ID, PAN Card, Last 6 Months Salary Slip, Last 2 Years ITR and Two Recent Photographs are required for Vijaya Bank Personal Loan.

What is the maximum repayment tenure for Vijaya Bank Personal Loan?

The repayment tenure of Vijaya Bank Personal Loan is up to 60 months.

What is the CIBIL score to avail Vijaya Bank personal loan?

The minimum CIBIL score should be 750 or above to avail Vijaya Bank personal loan.

How to check pre-approved offers for Vijaya Bank personal loan?

If you have an account with Vijaya Bank, you can check the pre-approved offer through Internet Banking.

How can I pay the EMI of Vijaya Bank Personal Loan?

Personal loan EMI from Vijaya Bank is deducted from the bank account. Payment of personal loan can also be done through net-banking of Vijaya Bank.

What is the customer care number of Vijaya Bank personal loan?

For any problem you can call on number 9878981166.

Vijaya Bank Personal Loan : विजया बैंक से पर्सनल लोन कैसे लें और ब्याज दर क्या है ?

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