
Allahabad Bank | Personal Loan | 08-Apr,2021
About Allahabad Bank: Allahabad Bank is one of the largest banks in India and is engaged in the business of debenture and security trusteeship. Allahabad Bank was founded on April 14, 1865, in Kolkata. The banks headquarters are located in Kolkata, India.
Detail: 1) Candidates must be between the age of 21 years to 60 years. 2) Easy Process & Minimum Documentation.
Annual Percentage Rate (APR): 12.15%
Minimum & Maximum period for repayment (Loan Tenure): 12 Months to 36 Months
Loan processing charges: --
Late Payment: --
Foreclosure Charges: --
Partpayment Charges: --
Maximum Loan Amount: As offered by the bank
Sector : Finance
Industry : Regional Banks
Allahabad Bank completed 150 years of its existence on April 24, 2014. Until its merger with another Indian bank, it was the oldest joint-stock bank in India. Currently, Allahabad Bank has a three-tiered organizational structure: Treasury, Corporate or Wholesale Banking, Retail Banking, and other banking operations. The bank has 3,245 branches spread across India.
You will go on the Official website.
| Allahabad Bank | ROI | Max Loan Amount | Tenure | Processing Fee | Late Payment | Foreclosure Charges | Partpayment Charges | |
|---|---|---|---|---|---|---|---|---|
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Personal Loan | 12.15% | As offered by the bank | 12 Months to 36 Months | -- | -- | -- | -- |
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Home Loan | 8.25% p.a. | Up to 10 Crore | 5 years to 20 years | Up to 0.40%, Maximum Rs.50,000 | -- | -- | -- |
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Car Loan | 1) New car loan: 8.8% to 11.05% p.a. 2) Used car loan: 9.55% to 11.55% p.a. | Up to Rs.20 lakh | 12 months to 84 months | 0.5% of the loan amount | -- | N/A | 3% of the outstanding balance |
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Business Loan | 14.50% | Up to Rs.20 lakh | 12 months to 84 months | Rs. 229 per lakh (Max. Rs.22,928) | -- | 2.25% | 2.25% |
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Gold Loan | 7.0% Per Annum | Up to Rs.50,000 | 6 Months to 60 Months | 1% of the Principal Loan | -- | -- | Nil |
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