Catholic Syrian Bank Personal Loan 12-19% | Documents Needed, Interest Rate, Factors, Service Charges

Catholic Syrian Bank Personal Loan: The CSB Bank Limited or the Catholic Syrian Bank Limited is one of the famous banks in India. This bank offers the Catholic Syrian Bank Personal Loan. In this specific article, we will give you the Catholic Syrian Bank Personal Loan details. We will tell you what the CSB Bank personal loan interest rate is. We will also notify you about the Catholic Syrian Bank Gold Loan rate per gram.

In this article, we will tell you what a personal loan and what a Catholic Syrian Bank Personal Loan are. We will notify you about the Interest Rate of the Catholic Syrian Bank Personal Loan and the factors that affect the Interest Rate of the Catholic Syrian Bank Personal Loan.

We will tell you what the Document Charges are for the Catholic Syrian Bank Personal Loan and what the Service Charges are for the Catholic Syrian Bank Personal Loan.

Want to compare Catholic Syrian Bank Personal Loan with other bank personal loans for lowest interest rates and extra offerings? Just keep an eye on our Complete Guide on Personal Loan & choose the suitable bank to apply for the loan.

We will also tell you about the documents you must have to apply for the Catholic Syrian Bank Personal Loan. We will also notify you about the eligibility criteria that you need to fulfill to apply for the Catholic Syrian Bank Personal Loan. So let us begin.

Catholic Syrian Bank

What is a Personal Loan?

A Personal Loan is a specific type of loan. It does not require any collateral or any security. A personal loan is the only loan that is offered with the minimum amount of documentation.

What is the Catholic Syrian Bank Personal Loan?

The name was formerly known as the CSB Bank Limited of Catholic Syrian Bank Limited. It is a particular private sector bank in India. The headquarters of the Catholic Syrian Bank Limited is located at Thrissur in Kerala, India. The bank has more than 319 ATMs and over 450 branches across India.

The bank was founded on 26 November 1920, about 100 years ago. The key person of the bank is Ranajendran Chinna Veerappan, who is the MD and CEO of the Catholic Syrian Bank Limited.

The bank’s main products include Consumer banking, Mortgage loans, corporate banking, Private banking, Investment banking, and wealth management.

The revenue of this bank is about 1 617.49 Crore Indian national Rupees, as of the report of 2017. The operating income of the Catholic Syrian Bank Limited is about 118.57 Crore Indian National Rupees, as of the writing of 2021.

The bank’s net income is about 1.55 Crore Indian National Rupees, as of the report of 2017. The total assets of the Catholic Syrian Bank Limited are about 16 223.24 Crore Indian National Rupees as of the writing of 2017.

Fairfax Financial owns the bank. The number of employees of the Catholic Syrian Bank Limited is 2 716, as of the report of 2017. The capital ratio of the bank is 22 per cent. It had opened for business on 1 January in 1921. The bank became a new Scheduled Bank in the year 1969.

The Catholic Syrian Bank Limited offers a personal loan known as the Catholic Syrian Bank Personal Loan. The Catholic Syrian Bank Personal Loan will be beneficial if you want to meet your finances, including the personal finances such as the expense of vacation and wedding.

What is the Interest Rate of the Catholic Syrian Bank Personal Loan?

The Interest rate of the Catholic Syrian Bank Personal Loan is 12.00 % to 19.00 % per annum. You do not need any processing fee for a loan up to Rs. 25 000. For a loan amount above Rs. 25 000, you will have to pay 1 % of your loan amount as the processing fee.

The minimum amount that you will be required to pay is Rs. 250.

The tenure of the Catholic Syrian Bank Personal Loan is up to 60 months. You will be required to repay the personal loan within 60 months of applying for the personal loan.

The loan amount is ten times your gross monthly salary, maximum.

You should have a low work experience of 3 years from a reputable institution or organisation. The lowest EMI per lakh is Rs. 2 224 for the Catholic Syrian Bank Personal Loan.

What are the factors that affect the Interest Rate of the Catholic Syrian Bank Personal Loan?

The primary and most important factors that affect the interest rate of the Catholic Syrian Bank Personal Loan are the credit score of the person who is applying for the personal loan, the loan tenure that you decide to choose, the repayment capability of the person who is applying for the personal loan, and the existing customers of the Catholic Syrian Bank Limited.

The other important factors that also affect the interest rate of the Catholic Syrian Bank Personal Loan are the nature of the job of the person who is applying for the Catholic Syrian Bank Personal Loan and the loan amount that the person wants.

What are the Document Charges for the Catholic Syrian Bank Personal Loan?

  • For a Catholic Syrian Bank Personal Loan amount that is more than Rs. 10 000 and less than Rs. 1 Lakh, you will have to pay an amount of Rs. 100 as the Document Charge.
  • For a Catholic Syrian Bank Personal Loan amount that is more than Rs. 1 Lakh and less than Rs. 10 Lakh, you will have to pay an amount of Rs. 300 as the Document Charge.

What are the Service Charges for the Catholic Syrian Bank Personal Loan?

  • For a Catholic Syrian Bank Personal Loan amount that is less than Rs. 25 000, you will have to pay any amount of Rs. 10 as the Service Charge.
  • For a Catholic Syrian Bank Personal Loan amount that is more than Rs. 25 000 and less than Rs. 2 Lakh, you will have to pay a number of Rs. 25 as the Service Charge.
  • For a Catholic Syrian Bank Personal Loan amount that is more than Rs. 2 Lakh and less than Rs. 3 Lakh, you will have to pay an amount of Rs. 75 as the Service Charge.
  • For a Catholic Syrian Bank Personal Loan amount that is more than Rs. 3 Lakh and less than Rs. 5 Lakh, you will have to pay an amount of Rs. 125 as the Service Charge.
  • For a Catholic Syrian Bank Personal Loan amount that is more than Rs. 5 Lakh and less than Rs. 10 Lakh, you will have to pay an amount of Rs. 175 as the Service Charge.
  • For a Catholic Syrian Bank Personal Loan amount that is more than Rs. 10 Lakh and less than Rs. 25 Lakh, you will have to pay an amount of Rs. 250 as the Service Charge.
  • For a Catholic Syrian Bank Personal Loan amount that is more than Rs. 25 Lakh and less than Rs. 50 Lakh, you will positively have to pay an amount of Rs. 500 as the Service Charge.
  • For a Catholic Syrian Bank Personal Loan amount that is more than Rs. 50 Lakh and less than Rs. 75 Lakh, you will have to pay an amount of Rs. 750 as the Service Charge.
  • For a Catholic Syrian Bank Personal Loan amount that is more than Rs. 75 Lakh and less than the amount Rs. 1 Crore, you will have to pay an amount of Rs. 1000 as the Service Charge.
  • For a Catholic Syrian Bank Personal Loan amount that is more than Rs. 1 Crore, you will positively must clear such sum of Rs. 2 000 as the Service Charge.

What are the document types required to apply for the Catholic Syrian Bank Personal Loan?

Several important documents are required to apply for the Catholic Syrian Bank Personal Loan.

The first important document that you will be required to have to apply for the Catholic Syrian Bank Personal Loan is the KYC documents. The KYC refers to Know Your Customer.

You will be required to have an identity proof document and an address proof document with you while applying for the Catholic Syrian Bank Personal Loan.

The second important document you will be required to have to apply for the Catholic Syrian Bank Personal Loan is your latest salary slip.

The third important document that you will be required to have to apply for the Catholic Syrian Bank Personal Loan is a certificate proving the length of your completed service.

The fourth important document that you will be required to have in order to apply for the Catholic Syrian Bank Personal Loan is your latest updated operating bank statement in 6 months.

The last but not least, a fifth important document that you will be required to have in order to apply for the Catholic Syrian Bank Personal Loan is the undertaking from the salary disbursing authority.

The takeaway from the article

In this specific article, we have given you the details about the Catholic Syrian Bank Personal Loan. We have told you about what the CSB Bank personal loan interest rate is. In this article, we have also described what a personal loan is and what a Catholic Syrian Bank Personal Loan is.

We have also told you about the Interest Rate of the Catholic Syrian Bank Personal Loan and also about the factors that affect the Interest Rate of the Catholic Syrian Bank Personal Loan.

We have also told you about what the Document Charges are for the Catholic Syrian Bank Personal Loan and also about what the Service Charges are for the Catholic Syrian Bank Personal Loan.

We have also told you about the documents that you are required to have in order to apply for the Catholic Syrian Bank Personal Loan. We have also informed you about the eligibility criteria that a person who wants to apply for the Catholic Syrian Bank Personal Loan needs to fulfill.

Leave a Comment

Your email address will not be published.