City Union Bank offers personal loans at very attractive interest rates. You can avail a minimum loan amount of Rs.5,000.
City Union Bank offers personal loans against jewellery. That is, an applicant will be required to pledge some jewellery in order to get a personal loan from City Union Bank.
|Loan Scheme||Interest Rate(Non-Agri-)||Loan Amount||Benefits|
|City Union Bank Personal Loan or CUB Personal||Minimum: 12.00% p.a. Maximum: 12.50% p.a.||Minimum: Up to and including Rs.1 lakh Maximum: More than Rs.15 lakh||Competitive interest rates, fees, and charges.|
1)Proof of identity - The following documents can be provided as proof of identity:
2)Proof of address- The following documents can be provided as a proof of identity:
3) Documents to be executed - The following documents are required to be executed:
The repayment tenure for City Union Bank Personal Loan or CUB Personal Loan is 1 year. However, they offer various flexible repayment options within the tenure.
A: In case the applicant has applied for the personal loan through the official website of City Union Bank, he or she can log in to the website to check the status of the loan. If the applicant has applied for the loan through BankBazaar, he or she can just log in to the BankBazaar profile and check the status of the loan. In addition to that, the applicant will also receive regular updates from BankBazaar through SMS and email about the status of the loan.
A: Yes, you will be required to provide collateral for City Union Bank Personal Loan. The applicant will be required to pledge some jewellery against the personal loan.
A: You can repay your City Union Bank Personal Loan through monthly EMIs. You can use the ECS facility or use post-dated cheques for the same.
A: Yes, the margin for City Union Bank Personal Loan is set at 25%, i.e. the applicant will be required to pay 25% of the loan amount from his own funds and the bank will take care of the remaining 75%.
Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.