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 Nagaland Govt employees at bookmyloans.in. So, Apply online to book your personal loan now.
What is the eligibility for a personal loan for Nagaland Govt employees?
| Age Criteria | 21-65 years of age. |
| Work Experience | Min. 6 months in the current organisation. (Preferred) |
| Total Work Exp. | At least 3 years.(Preferred) |
| Min. Net Income | At least, Rs. 20000/- p.m. (may vary according to 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 | Last 3 months’ income slip as well as 6 months’ bank statement. Form 16 (last 2 years) |
| Age Proof | Passport; PAN Card; Birth Certificate; Employee ID Card |
What are the benefits for Nagaland Govt employees?
| Interest rates start @11.49%*. (HDFC Bank and ICICI Bank) |
| Special offers for govt. and PSU employees. |
| Pensioners: Banks offer loans for pensioners at lowest rates. Maximum age limit is 76 years; loan tenure is 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 Loan rates start at 12.25% |
| State Government Enterprise | 1.Employees working in universities, institutes under Nagaland 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 ) |
Why apply via bookmyloans.in?
Multiple Products from multiple banks under one roof.
Instant online approval.
Expert guidance.
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