Personal Loan for Salaried

  • Loan amount maximum Rs.5 lakhs

  • Convenient loan repayment upto 5 years

  • Simplified and quick documentation

  • Attractive interest rates

  • Hassle-free loan sanction and disbursal procedure

  • Confirmed employees of PVT Ltd, LTD Company, Reputed NGO, Trust & Government Employees and Professionals

  • Minimum net monthly income of Rs.30,000 per month

  • Minimum 2 years’ experience required

Shareholding: 2.5% of loan amount

Conditions Rates

Salaried:

 13.24 – 15.24%

Primary Documents Required for Personal Loan :

  • PAN Card (mandatory) / Aadhar Card (mandatory)

  • Address Proof – Any one (e.g. Voter ID / Driving License / Passport / Telephone Bill / Electricity Bill / Registered Lease Deed or Sale Agreement / Bank Statement)

  • Salary Slip 6 months and bank statement for 1 year

  • Passport Size Photographs

Frequently Asked Questions (FAQs)

A personal loan from Greater Bank is an unsecured loan offered to individuals for personal financial needs such as travel, education, medical expenses, or debt consolidation. No collateral is required, and the loan is repaid in fixed monthly EMIs over a set tenure.

To apply for a personal loan with Greater Bank, you must be either a salaried individual or a self-employed professional with a minimum of 2 years of work experience. Applicants must also meet income and documentation criteria.

The following primary documents are required:

  • PAN Card (mandatory)
  • Aadhaar Card (mandatory)
  • Address Proof (any one: Voter ID, Driving License, Passport, Utility Bills, Registered Lease Deed, or Bank Statement)
  • Passport-size photograph
  • Income Proof – 6 months salary slip and 1 year Bank statement / 3 years ITR

Yes, self-employed professionals are eligible for a personal loan from Greater Bank. You will need to submit 3 years of ITRs, 1 year of bank statements, and a qualification certificate as part of the application.

No, Greater Bank personal loans are unsecured, so you don’t need to pledge any security or collateral.

Repayment tenure options will be offered based on the loan amount and customer profile, with a maximum tenure of up to 5 years.

You can apply for a Greater Bank personal loan by visiting our official website, filling out the online application form, and uploading your documents. You may also visit your nearest branch for assistance.

Personal loan applications are typically processed within a few working days, subject to submission of complete documents and successful verification.

Missing an EMI can result in late payment charges and may negatively impact your credit score. It is advisable to inform the bank in advance in case of any financial difficulty.

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