What is personal loan?
A personal loan is an unsecured loan. It helps you meet your urgent money needs. Therefore, there is no need to give a security. We give the best loan offers on personal loan for Andhra Pradesh Govt employees at bookmyloans.in. So, Apply online to book your personal loan now.
What is the eligibility for a personal loan for Andhra Pradesh Govt employees?
|Age Criteria||21-65 years of age.|
|Work Experience||Minimum 6 months of experience in the current organisation. (Preferred)|
|Total Work Exp.||At least 3 years of total experience.(Preferred)|
|Min. Net Income||At least, Rs. 20000/- per month. |
Income eligibility may vary depending upon your profile.
|CIBIL||720 or more with a good credit history.|
What are the documents needed for a personal loan?
|Identity Proof||Passport; PAN or Aadhar Card; Voter ID; Driving license. 2 Photographs.|
|Residential Proof||Passport; Driving License; Voter ID;Electricity bill.|
|Income Proof||Latest 3 months’ income slip as well as 6 months’ bank account statement. Also, Form 16 of last 2 years|
|Age Proof||Passport, PAN Card, Birth Certificate, Employee ID Card|
What are the benefits for Andhra Pradesh Govt employees?
|Interest rates start @11.49%*. (HDFC Bank and ICICI Bank)|
|Special offers available for govt. employees and public sector undertakings.|
|Pensioners: Banks offer loans for pensioners at lowest rates. Eligibility-76 years; loan tenure of 5 years.|
|GOVERNMENT BODY||ADDITIONAL BENEFITS ON PERSONAL LOANS|
|Maharatna PSU||1.Maharatna PSU’s -Companies with an annual net profit of 5000 crores. These are BHEL, SAIL, ONGC, NTPC, Coal India, IOC and Steel Authority of India.|
|Navratna PSU||1. These are categorized on the basis of -total production cost; total labor cost; net worth; net profit. |
2.There are 17 Navratnas.
|Public Sector Banks||1.Personal Loan rates start at 13.25%.|
|Railways||1.Indian Railways are owned by the Govt of India. And, managed by the Ministry of Railways. |
2.Personal Loans for Railway employees start at 12.25%
|Central Government Enterprise||1.Universities employees, under the direct control of the Central Govt, enjoy top financing options. |
2. Personal Loans for Central Govt Employees start at 12.25%
|State Government Enterprise||1.Employees working in universities, institutes under Andhra Pradesh govt also enjoy special loan offers. |
2. Personal Loans for Central Govt. Employees start at 12.25%
Fees and Charges
|Processing charges||Upto 2% (Varies from bank to bank)|
|Pre-closure charges||NIL to 5%. ( Varies from bank to bank )|