Oriental Bank Personal Loan

Oriental Bank Personal Loan
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Oriental Bank of Commerce is an India-based bank established in Lahore and one of the public sector banks in India. Currently oriental bank of commerce is in 17th place in public sector of banks with total assets of 8237.958 crores. Oriental bank of commerce offers loan product like Education Loan, Home Loan, Auto Loan and Personal Loans. Oriental bank of commerce has two types of personal loan like Personal Loan for Govt. / PSU Employee, Personal Loan for Corporate Employee. Read on to learn about the eligibility and documentation requirements for Oriental bank personal loan


You’re probably eligible for an Oriental bank of commerce Personal Loan if you are

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Oriental bank of commerce Personal Loan Minimum Age

At least 21 years old

Oriental bank of commerce Personal Loan Maximum Age

Less than 58 years old

Oriental bank of commerce Personal Loan Eligible Employment Type

Salaried / Self – Employed
with regular income

Oriental bank of commerce Personal Loan Minimum Income

Earn more than the minimum
income required


Your Oriental bank of commerce Personal Loan amount eligibility is based on these factors

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Oriental bank of commerce Personal Loan Minimum Salary

Minimum income required
Rs.10,000 per month

Oriental bank of commerce Personal Loan Maximum Loan Funded

Maximum allowed personal loan is Rs. 5 lakhs

Oriental bank of commerce Personal Loan EMI

EMIs of other loans lower
your eligibility


Increase your eligible Oriental bank of commerce Personal Loan amount by these steps

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Oriental bank of commerce Personal Loan Payoff Outstanding Credit Card Bills

Pay off your credit card bills

“Oriental

Choose longer tenure loan up to 60 Months


Documentation needed to apply for an Oriental bank of commerce Personal Loan

  • 1. Signed application form with photograph
  • 2. Copy of passport/voter ID card/driving license
  • 3. Processing fee cheque
  • 4. Last 3 months bank statement/6 months bank passbook
  • 5. Documentation for salaried applicants:
    • Latest salary slip
    • Current dated salary certificate with the latest Form 16
  • 6. Documentation for self-employed applicants:

    • Latest Bank statement
    • Latest ITR or Form 16

Oriental bank of commerce Personal Loan Interest RatesUpdated on 22 Dec 2014

Oriental bank of commerce Personal Loan Details
Interest Rate (Floating) 11.25% - 13.50%
Processing Fees 0.50% of the Loan Amount with a min of Rs.500/- +Service tax
Loan Tenure 60 Months
Guarantor Requirement Guarantor required

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News about Oriental Bank Personal Loan

  • Research Scholars at PU
    to get Personal Loans

    Working as a research scholar with Punjab University (PU) could make you eligible for a personal loan from the State Bank of Patiala (SPB). This proposal, currently in the pipeline, is awaiting to be tabled before the syndicate for approval as on November 22, and has rightfully gotten the PU scholar community excited. Selected research scholars who have earned the necessary nod from the University Grants Commission (UGC) are eligible for this loan- a stopgap arrangement that helps them meet their financial demands through the period between the commencement of the selected research and the official release of the corresponding grant by the commission. Aside from this, the other eligibility factors include an Indian citizenship, selection at PU for research and recommendation by the varsity for the UGC grant. The maximum loan amount of Rs.1.5 lakh will be disbursed in 12 instalments with a stipulation that Rs.12,500 be the maximum amount that can be disbursed in a month. SPB proposes to impose an interest rate of 13% per annum on the loan.

    21st November 2014


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