Union Bank Personal Loan: If you are going around the bank for a loan, then now you do not need to worry. Let us tell you that Union Bank is giving you personal loan in a very short time. Very low interest is being charged on the loan given by the bank. With this, the loan will be received in a very short time. Let us tell you that the bank is giving loans ranging from Rs 50 thousand to 15 lakhs to the customers.
For information, let us tell you that this loan is given by Union Bank for a period of 5 years. You do not have to go through a lot of process to get a personal loan. You can also apply online for this. Today in this article we will tell you how you can get a personal loan. What will be the necessary documents for this.
Eligibility to get a loan
Let us tell you that some eligibility has been fixed by Union Bank regarding personal loan. Such as the loan taker should be a resident of India. The age of the applicant should be between 18 years to 60 years. If the CIBIL score of an applicant is more than 700, then he is entitled to a loan. The applicant should not have had his loan rejected by any bank. The monthly income of the applicant should be more than 15 thousand.
Documents required to apply
If you want to get a personal loan in any way, then the bank asks for some important documents from you. For this, you should have identity card, voter ID card, PAN card, Aadhar card, passport size photo etc. Along with this, driving license, passport, voter ID card, telephone bill etc. are required for residence. Along with this, income certificate is also required. Along with this, income tax return of two years should also be filled.
Interest charged on personal loan
Union Bank is a well-known bank. It gives personal loan to customers at a low interest rate. The bank charges interest at the rate of 10.90 percent to 14.95 percent on personal loan. Let us tell you that the interest rates fixed by the bank depend on the CIBIL score. If you want to apply then you can apply online.