Sangli Urban Co Op Bank Ltd Sangli Personal Loan @ 15% | Details, Documents Required, How To Apply?, Purpose and Financial Services

Sangli Urban Co-Op Bank LTD Sangli Personal Loan: A personal loan is considered very useful for borrowers, especially when they are in dire need of money for their individual needs. This need can also strengthen your future or repay a small amount of money to the lenders. Whatever be the need, a personal loan helps you in the best possible way to fulfill your desires. But before applying for a personal loan, you must know the benefits, eligibility criteria and documentation criteria of Sangli Urban Co-Op Bank LTD Sangli.

So, if you are also thinking of taking the Sangli Urban Co-Op Bank LTD Sangli Personal Loan, you must roll your eyes at some of the essential points that will help you a lot while taking a loan from this bank.

Want to compare Sangli Urban Co Op Bank Ltd Sangli 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.

Sangli Urban Co Op Bank LTD

This Co-Operative Bank was established in 1935 and had a total of 36 branches all over India. The bank has its headquarter in Mumbai city.

Sangli Urban Co-Op Bank LTD Sangli Personal Loan Details

The interest rate of Sangli Urban Co-Op Bank LTD Sangli personal loan 15.00%
Personal loan amount Borrowers can take personal loans up to Rs. 2 lakhs
Personal loan tenure The maximum tenure for personal loan is 60 months
Maximum loan amount available yes
Any processing fee It is up to Sangli Urban Co Op Bank LTD Sangli.

Documents Required for Sangli Urban Co Op Bank Ltd Sangli Personal Loan

Address Proof

  • Latest credit card statement.
  • Bank account statement of recent six months.
  • The Lease agreement of borrowers’ existing house.
  • Electricity bill.
  • Current mobile/telephone bill.
  • You should have the rent agreement and water bills as residential proof if you live in a rental apartment.

Income Proof

  • Current salary slips with all deductions, and as an alternative, you should have form 16.
  • Previous three years’ income tax returns, if you are a self-employed applicant.
  • Salaried applicant/self-employed applicant should have six months’ Bank statements.
  • The salaried applicant must have the full address of his office.
  • If the borrowers run any type of business, they should have proof of experience of 3 years in the industry.
  • A borrower should have a salary certificate if he is a salaried individual or a salaried applicant.

Identity Proof

  • Passport
  • PAN card
  • Aadhar Card
  • Voter ID card
  • Driving license
  • Government department ID card.

Two Recent Photographs And Passbook

Advantages of Sangli Urban Co-Op Bank LTD Sangli Personal Loan

Let’s know some of the benefits of the bank below:

  • Don’t worry about the loan amount because the bank has the facility of the maximum loan amount.
  • The bank offers its borrowers several loan repayment options with a total of 60 EMIs.
  • Sangli Urban Co-Op Bank LTD Sangli doesn’t let you wait for many days to process applications. The bank amazes us with its processing speed and many such worthy facilities.
  • After checking the borrower’s eligibility criteria, the bank takes less time to approve the personal loan.
  • Sangli Urban Co-Op Bank LTD Sangli has competitive interest rates and affordable EMIs that attract borrowers.
  • The bank offers many discounts and special schemes for established companies’ employees from time to time.
  • A personal loan doesn’t require any security or collateral, and it becomes easier to avail personal loan from Sangli Urban Co-Op Bank LTD Sangli.

How to Apply for Sangli Urban Co Op Bank Ltd Sangli Personal Loan?

Applying for a loan in the bank is very easy. After you fill your application form, the lender thoroughly checks your credit scores, credit history and cash flow as well. After that, he determines whether you are eligible for this loan or not. When you are approved ultimately, you’ll get your loan amount within 2 or 3 days.

If you want to apply for this loan online, you have to visit the official website of Bank, and there you have to fill in all your details entirely and upload the necessary documents. So with some simple process, your form will be filled well.

Apart from this, if you want to fill the form offline, you go to any branch of Bank. Also, carry all your documents with you to fill the form. Fill your form carefully and apply for a personal loan.

Sangli Urban Co-Op Bank LTD Sangli Personal Loan Purpose

Usually, borrowers take personal loans to meet all sorts of financial needs related to their desires and needs. Here we will know some of the purposes of the Sangli Urban Co-Op Bank LTD Sangli Personal Loan for more information:

For holiday trips abroad

Suppose you are thinking of studying abroad or are thinking of a trip abroad for a few years but cannot do so due to some financial constraint. In that case, there is no need to stop yourself much because Sangli Urban Co-Op Bank LTD Sangli is always available for their consumers with many financial services.

Household shifting and renovation 

We already know how much it costs to renovate a house. Whether you want to remodel your kitchen or a balcony, or a courtyard, the cost is very high. But that doesn’t mean we’ll put an end to our desires for renovating homes, right?. Take Sangli Urban Co-Op Bank LTD Sangli Personal Loan and make your plan successful.

Marriage expenses

Marriage is a sacred bond; everyone tries their best to make the wedding day very special, but there is no limit to the expenditure to make this day special. So, to meet the same expenses, this bank provides the best service of personal loans, which is an excellent help for borrowers. Using a credit card may help you lower the interest rate.

To pay credit card bills.

If we talk about the primary purposes of the personal loan, then this purpose is also one of them. You can use the funds to pay your credit cards as well.

For any medical emergencies

We all know very well how high the bill comes during a medical emergency. Sometimes the medical expenses go too high, and people are not able to pay that moment. So, a personal loan is an acceptable way to get rid of such situations instantly.

To pay extan debt/loan

If you have taken a loan from your friends or relatives and cannot repay it for a long time, you can take a personal loan from Sangli Urban Co-Op Bank LTD Sangli so that you do not break the promise that you made to your relatives. To repay your extant loan and be tension free.

Sangli Urban Co-Op Bank LTD Sangli Personal Loan Eligibility criteria

Age criteria

To avail personal loan, a borrower’s age should be a minimum of 21 and a minimum of 58 years.

Regular income is a must

Whether you are a self-employed or salaried employed applicant, you should have a monthly income in your account. So, If you fulfil this eligibility, you are considered eligible for the Sangli Urban Co-Op Bank LTD Sangli Personal loan.

Work experience is also responsible for the personal loan 

If you work in any company, you should have work experience of more than three years. If you are a businessman, you also should have more than three years of experience in your present business/ profession.

Permanent employees

Borrowers should be the permanent employees of Central Government, State Government, well-known private companies, public sector corporations and establishments.

Financial Services of Sangli Urban Co Op Bank Ltd Sangli Personal Loan

  • Personal loan at the lowest interest rate
  • Car loan
  • Fixed deposit
  • Saving deposit
  • Recurring deposit
  • Home loans
  • Education loan
  • Gold loan
  • PPF account
  • Lockers
  • Netbanking
  • Mobile banking
  • RTGS, NEFT, E-Wallet and IMPS
  • Yojana: Atal Pension Yojana, Pradhan Mantri Suraksha Bima Yojana and Pradhan Mantri Jeevan Jyoti Bima Yojana.

Conclusion on Sangli Urban Co Op Bank Ltd Sangli Personal Loan

A personal loan is generally known for its versatility, and it has many purposes as well, which we have seen above, right?. Whether you are shifting to another city, want to go abroad or want to bear the expenses of marriage, you can apply for a personal loan. With fewer processing fees, lower interest rates and many crucial facilities, Sangli Urban Co-Op Bank LTD Sangli helps all the borrowers in such away.

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