Vijaya Bank is a mid-sized public sector bank with various branches spread across India. Personal loans offered by Vijaya Bank are aimed at meeting the short term financial requirements of customers such as a holiday abroad or renovation of their homes. Vijaya Bank offers personal loans for up to Rs. 6 lakhs to salaried customers with a regular income. Customers should ensure that they have a robust credit history since EMIs of other existing loans lower their eligibility to avail of personal loans. Making timely payments and choosing a longer tenure are some of the other key factors which boost a customer’s ability to acquire a personal loan.
The eligibility criteria for salaried persons is as follows:
Minimum Age: 21 years
Maximum Age: 55 years
Repayment period:60 months
Maximum Loan Amount:Rs. 6 lakh
Income: Salaried with regular income
The eligibility criteria for pensioners is as follows:
Minimum Age:21 years
Maximum Age: 72 years
Repayment period: 60 months
Maximum Loan Amount: 18 months gross pension with a maximum of up to Rs.2 lakh
Guarantor: Required. The spouse should be the guarantor unless dead or separated, in which case, Vijaya Bank will accept a third party as guarantor.
The minimum age is 21 years, while the maximum age is 55 years.
Yes. The spouse should be the guarantor unless dead or separated, in which case, Vijaya Bank will accept a third party.
The maximum loan amount Vijaya Bank offers is Rs. 6 lakhs.
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.