Pragathi Krishna Gramin Bank Personal Loan: There are thousands of personal loans available in India, and one of them is Pragathi Krishna Gramin Bank Personal Loan. Pragathi Krishna Gramin Bank has its headquarter in Bellary, and this colossal bank has around 1168 branches across the state. The establishment of this Gramin Bank was on 23rd August 2013, and this is one of the best banks for availing of personal loans.
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Pragathi Krishna Gramin Bank
- Pragathi Krishna Gramin Bank Personal Loan Financial Services
- Points to Ponder for Pragathi Krishna Gramin Bank Personal Loan
- Pragathi Krishna Gramin Bank Personal Loan Benefits
- Pragathi Krishna Gramin Bank Personal Loan Documents Required
- How to apply for Pragathi Krishna Gramin Bank Personal Loan?
- How to Calculate EMIs for Pragathi Krishna Gramin Bank Personal Loan
- Pragathi Krishna Gramin Bank Personal Loan Processing Time
- Different Offers for Pragathi Krishna Gramin Bank Personal Loan
- FAQ’s On Pragathi Krishna Gramin Bank Personal Loan
- Conclusion on Pragathi Krishna Gramin Bank Personal Loan
Pragathi Krishna Gramin Bank Personal Loan Financial Services
The financial services provided by Pragathi Krishna Gramin Bank are as follows:
- saving deposit
- fixed deposit
- recurring deposit
- loans/ personal loan
- net banking
- RTGS
- NEFT
- IMPS
- Atal Pension Yojana
- Pradhan Mantri Jandhan Yojana
- Pradhan Mantri Suraksha Bima Yojana
- Pradhan Mantri Jeevan Jyoti Bima Yojana
Points to Ponder for Pragathi Krishna Gramin Bank Personal Loan
- If one is applying for this loan, their age should be between 22 and 59.
- Your CIBIL Score must be a minimum of 750 or above.
- The interest rate for Pragathi Krishna Gramin Bank Personal Loan is 9.99% per annum.
- One can repay the loan amount in a minimum of one year or a maximum of seven years.
- Pragathi Krishna Gramin Bank Personal Loan Processing Fee is up to 1%-2%.
- One should have a minimum income of rupees 18000/month.
- If you are applying for this loan, you should be salaried or self-employed.
Pragathi Krishna Gramin Bank Personal Loan Benefits
- Easy payment: If you already have an account in a bank, the day you are pre-approved for a loan the same day the bank offers quick and easy defray. Those who don’t have an account in the bank get approved in two days.
- No guarantor is required: This bank is one of the easiest products to avail of because there is no requirement of any guarantor for this type of loan.
- Personal Documents: If one is applying for this job, they should submit original and veritable documents.
- Attractive and competitive interest rates: Up to 10.75% of interest rates provided by this bank are quite attractive and competitive.
Pragathi Krishna Gramin Bank Personal Loan Documents Required
Documents Required for Self-Employed Applicants:
- You should have the last three months’ salary slips.
- Income Tax Return of the last two financial yrs is used as income proof for availing this loan.
- You have to fill up the form correctly with a good sign.
- Documents like Aadhaar Card, Driving Licence, Voter ID Card, ID Card of the Company are used as identity proof.
- You will also be asked for residence proof. You can submit documents like Bank Account Statement, Latest Electricity Bill, Latest mobile bill, Latest Credit Card Statement, Existing House Lease Agreement.
- One should also have two passport-sized photographs.
How to apply for Pragathi Krishna Gramin Bank Personal Loan?
Online process;
- Visit the official website of the Bank.
- Fill in your general information in the online form.
- Before applying, check once the eligibility criteria by this one to have an idea of whether they are eligible for a loan or not.
Offline process;
- Visit the bank branch which is nearer to your home.
- Collect all the information about a personal loan.
- Now you can apply for a loan.
How to Calculate EMIs for Pragathi Krishna Gramin Bank Personal Loan
The EMI calculation Pragathi Krishna Gramin Bank Personal Loan is straightforward. You have to follow the steps mentioned below:
- Loan amount
- The interest rate of your loan
- Loan tenure
Pragathi Krishna Gramin Bank Personal Loan Processing Time
When it comes to the Processing of Personal Loan Applications usually, this bank takes two weeks or 15 days. But if you are a pre-approved already existing account holder of this Pragathi Krishna Gramin Bank, then you’ll get approval in 1-2 days.
Different Offers for Pragathi Krishna Gramin Bank Personal Loan
This bank has a wide range of personal loan offers, starting from Personal loans for Salaried Individuals and Personal loans to Self Employed Individuals, also provides offers to self-employed individuals ranging from Personal Loans for Doctors, personal marriage loans, and personal loans Loan for Pensioners, etc.
Pragathi Krishna Gramin Bank Personal Loan for Salaried Employees
- Attractive and competitive rate of interest
- 12 months to 60 months loan tenure.
- The amount of loan depends on the company you are working with.
Pragathi Krishna Gramin Bank Personal Loan for Self Employed Individuals
Self Employed Individuals get a personal loan from Pragathi Krishna Gramin Bank.
These self-employed people have to submit more documents as compared to the salaried applicants.
These banks provide funds so that you can fulfil your needs.
Pragathi Krishna Gramin Bank Education Loan
The students who are studying in India and abroad are supported financially by Pragathi Krishna Gramin Bank Education Loan.
Around 10 lac rupees can be provided by this bank to those who want to study in India.
Around 20 lac rupees can be provided by this bank to those who want to study abroad.
Pragathi Krishna Gramin Bank Home Loan
Pragathi Krishna Gramin Bank also provides personal loans for making new homes or repairing old homes.
No matter if you are Indian or NRI. Both are eligible for this home loan.
Your earning should be more than the minimum required income.
If one is salaried or self-employed, then regular income is necessary.
Pragathi Krishna Gramin Bank Personal Loan for Government Employees
The government employees are provided personal loans by this bank at lower interest rates which generally start around 10.75%. A government employee also gets additional offers and benefits by choosing the loan tenure. If you are a defence personnel, the bank doesn’t charge a processing fee for you.
NRI Personal Loan
NRIs are directly provided with a personal loan from Pragathi Krishna Gramin Bank. The Personal Loan includes the following features for NRIs:
- Pragathi Krishna Gramin Bank offers NRIs with adjustable end-use personal loans of up to Rs. 10 lakh.
- NRI Personal Loan interest rates launch at 15.49 per cent p.a.
- Up to 36 months is the term of the loan.
FAQ’s On Pragathi Krishna Gramin Bank Personal Loan
Question 1.
How can I check my PKGB loan balance?
Answer:
You have to contact the customer care number of Pragathi Krishna Gramin Bank so that you can check the personal loan balance in Pragathi Krishna Gramin Bank.
Question 2.
What is the interest rate of Grameen Bank?
Answer:
5.40% is the interest rate for the general public. 5.90% is the interest rate for senior citizens. 1.5 lakh is the ceiling amount of investment.
Question 3.
Which bank is the sponsor of Prathama Gramin Bank?
Answer:
Punjab National Bank is one of the leading commercial banks of India that sponsors the Gramin Bank.
Question 4.
How to pay Pragathi Krishna Gramin Bank Personal Loan EMI?
Answer:
One can use the net banking service of Pragathi Krishna Gramin Bank to pay for your loan, or else your loan EMIs from Pragathi Krishna Gramin Bank automatically take from your bank account monthly.
Conclusion on Pragathi Krishna Gramin Bank Personal Loan
That’s all about Pragathi Krishna Gramin Bank Personal Loan in our article. If you are looking for a personal loan in this bank, we hope this article will be helpful and informative. If you found it informative and useful, then share it with your friends and families too. We would like to see your valuable feedback.