Punjab and Sind Bank Personal Loan Interest Rates

Get all of the information you need about Punjab and Sind Personal Loans here-

• Quick processing, online application, and complete transparency are all available.
• The maximum financing amount that can be disbursed is determined by the applicant's profile.
• There are no hidden fees or ambiguous terms and conditions.
• Complete client service is offered. The loan has a competitive interest rate.

There are various types of personal loans from the Punjab and Sind Banks, and they are all explained here-

• Regular personal loans to government/PSU personnel and confirmed staff of other institutions to address personal financial needs.
• Loan Amount: Up to 18 times monthly net salary/1.5 times net annual income, whichever is smaller, or Rs.3 lacs.
• Tenure: Up to a period of five years, subject to the maximum age criteria, whichever comes first.

• Pension loans are provided to pensioners who have a pension account with Punjab & Sind Bank in order to meet their own needs.
• Loan Amount: Up to 15 times the monthly net pension or Rs.3 lacs, whichever is less, for pensioners under the age of 65, and up to 10 times the monthly net pension or Rs. 1 lakh, whichever is less, for pensioners after the age of 65 and up to the age of 70.
• Tenure: Up to five years, which is also subject to the maximum age criteria, whichever comes first.

To be eligible for a personal loan from Punjab & Sind Bank, you must meet the following conditions.

• The applicant has to be at least a minimum of 21 years old.
• The applicant's age should be between 60 and 70 years old.
• Individuals earning a salary must work for the government or a public sector organization.
• Pensioners must have a pension account with a bank.

• Completed and signed application form, together with two passport-sized pictures
• Identification is required.
• Address and age verification
• Proof of Income

• To qualify for a personal loan, the applicant must have a salary/pension account with the bank.
• Age: Salaried: 21-60 years old Age range for pensioners: 21-70 years.
• When determining personal loan eligibility, Punjab & Sind may evaluate the monthly income and credit score of its applicants, the same as other lenders do.