Personal Loan for Indian Railway Employees

What is a Personal Loan?


A Personal Loan is an unsecured loan. It helps you meet your urgent money needs. Therefore, there is no need to give any security. We give the best loan offers on Personal Loan For Indian Railway Employees at www.lendingwale.com. So, Apply online to book your personal loan now!


What is the Eligibility for Personal loan For Indian Railway Employees?

Age Criteria 21-65 years of age.
Work Experience Min. 6 months in the current organisation. (Preferred)
Total Work Exp. a total work experience of 2 years (varies from bank to bank)
Min. Net IncomeAt least, Rs. 15000/- per month.
(may vary depending upon your profile).
CIBIL720 or more with a good credit history.

What are the documents needed for availing a Personal Loan?

Identity Proof Passport ; PAN card ; Aadhar Card ; Voter ID card ; Driving license.
2 Photographs.
Residential Proof Passport ; Driving License ; Voter ID ; Electricity bill. (Not older than 3 months)
Income Proof Latest 3 months’ income slip as well as 6 months’ bank account statement.
Also, Form 16 of last 2 years.
Age ProofPassport ; PAN Card ; Birth Certificate ; Employee ID Card.

Benefits on Personal Loan For Indian Railway Employees?

1. Personal Loans For Indian Railway Employees start at 12.25%.

2. Banks offer loans for pensioners at lowest rates for a tenure of upto 5 years until 75 years of age.


What are the Fees and Charges associated with a Personal Loan?

Processing charges Upto 2% on loan loan amount (Varies from bank to bank)
Pre-closure chargesNIL to 5% on outstanding loan amount. ( Varies from bank to bank )

Indian Railways is India’s national railway system operated by the Ministry of Railways. It manages the fourth largest railway network in the world by size, with a route length of 67,368-kilometre and total track length of 121,407-kilometre as of March 2017.

WIKIPEDIA
Central Railway South Western Railway
Northern Railway North Western Railway
North Eastern Railway West Central Railway
Northeast Frontier Railway North Central Railway
Eastern Railway South East Central Railway
South Eastern Railway East Coast
South Central Railway East Central Railway
Southern Railway Metro Railway
Western Railway South Coast Railway

Why apply via lendingwale.com?
One Stop for all your financial needs

Instant online approval

Expert guidance and relentless support!

We offer Personal Loan to Railway Employees working in the following departments:


Read more about Personal Loans

BankInterest Rates
Allahabad Bank 10.50% to 12.99%
Bajaj Finserv Starting from 12.99%
Bank of Baroda 11.35% to 16.35%
Andhra Bank 11.55% to 13.05%
Axis Bank 15.75% to 24%
Central Bank MCLR (12M) + 3.00%
Corporation Bank 12.95% to 13.95%
HDFC Bank 11.25% to 21.50%
Bank of Maharashtra Starting from 15%
Citibank Starting from 10.99%
Canara Bank 13.00% to 16.50%
Bank of India Starting from 13.10%
Federal Bank Starting from 11.49%
ICICI Bank 11.50% to 19.25%
Indian Bank Starting from 14.20%
Fullerton India Starting from 12%
IndusInd Bank Starting from 10.75%
IDBI Bank Starting from 12%
HSBC Bank 10.75% to 17.84%
Muthoot Finance 14.50%
Kotak Mahindra Bank 11.29% to 19.99%
RBL Bank Starting from 12%
IDFC First Starting from 11.5%
TATA Capital Starting from 11.25%
Standard Chartered Bank Starting from 11.99%
Syndicate Bank 13.25% to 13.65%
UCO Bank Starting from 11.70%
Punjab National Bank Starts from 12%
Union Bank of India Starting from 14.40%
State Bank of India Starting from 11%
Yes Bank Starting from 10.75%