19/07/2021 · Quantum of Loan. 10 times of the gross salary or 90% of the cost of article whichever is less, but not to exceed Rs. lacs. Margin. 10% on cost of the article. Rate of Interest. Retail Credit Interest Rates Repayment. Maximum Repayable is 60 equated monthly installments without holiday period. No Pre payment charges. Security05/03/2020 · Indian Overseas Bank’s personal loan interest rate could be higher than other loaning schemes, and this is due to the fact they there is no collateral that banks can take as a security against the loan amount. On the other hand, Indian Overseas Bank provides personal loans at a starting interest rate of Overseas Bank Personal Loan @ Interest Rate: Eligibility Indian Overseas Bank Personal Loan @ Interest Rate: Eligibility Indian Bank COVID-19 Personal Loan: Eligibility, Interest rate & Docume…Indian Overseas Bank Personal Loan @ Interest Rate: Eligibility 01/11/2019 · schemes: rllr/mclr: spread: interest rate: iob surya - individuals: rllr: housing loans: upto rs. lacs: rllr: > rs. lacs to rs. 75 Indian Bank Personal Loan Balance Transfer. If you are paying the personal loan EMI somewhere but at a higher interest rate, think of switching the loan portfolio to Indian Bank and enjoy the benefits of lower EMI and reduced interest Example: If you have a loan of INR 6,00,000 at an interest rate of for 60 months. It’s been 2 years since you have been paying the loan EMI.
