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CENTURION BANK PERSONAL LOAN

Centurion Bank Personal Loan

Personal Loans for any use. No Security, No guarantors.

Eligibility

SalariedWorking with Category A companies/ MNC or even Private firms.
Self-employed Professional (SEP)C.A., Architects, Engineers, Doctors (have to be MBBS or BDS), MBAs.
Self-employed Professional (SENP)Proprietorships and Partnerships.

Terms of the Loan
Loan Amount
Salaried : (Rest of India)
Minimum Loan Amount :
Rs. 1 lac

Maximum Loan Amount :
Rs. 10 lacs(for Gold)
Rs. 3 lacs(for Non Gold)

Salaried : (For Delhi and Mumbai)
Loan extended only for CAT A companies. Please contact the nearest branch to know the eligible corporate.
Minimum Loan Amount :
Rs. 2 lacs

Maximum Loan Amount :
Rs. 10 lacs

Self-employed : (Self employed businessman and Self Employed Professionals)(Rest of India) Minimum Loan Amount :
Rs. 1 lac

Maximum Loan Amount :
Rs. 10 lacs (under income based program)
Rs. 15 lacs (under Balance transfer program)

Self-employed : (Self employed businessman and Self Employed Professionals)(For Delhi and Mumbai)
Minimum Loan Amount :
Rs. 2 lacs

Maximum Loan Amount :
Rs. 10 lacs (under income based program)
Rs. 15 lacs (under Balance transfer program)

Tenure
Minimum -
12 months

Maximum -
60 months

Interest Rates
As applicable from time to time

Maximum Quantum of Loan
Refer to loan calculator:
Loan Calculator to be built based on existing norms to give loan amount to the customer.

Other Eligibility Criteria
Income
Salaried and Self Employed :  (For Mumbai and Delhi) Minimum Income Level : Rs. 2 lacs
Salaried :  (Rest of India) Minimum Income Level : Rs. 75,000
Self Employed :  (For Mumbai and Delhi) Minimum Income level : Rs. 2 lacs
Self Employed :  (Rest of India) Minimum Income Level : Rs. 1 lac.

Age
Self employed :  Minimum – 21 years and Maximum – 65 years.
Salaried :  Minimum – 24 years and Maximum – 58 years.

Experience
Salaried -  2 years continuous work experience with 6 months in current employment.
Salaried Gold -  1 year total work experience. No minimum current employment norms.
Self employed -  3 years in existence in same line of business.
Self employed NIP -  should be in business for 5 years (3years for shopkeepers).

Residence Stability
Staying at current residence for more than 1year. In case of loans beyond 36 months, residence should be self owned.
Self employed – Any one of place of business or residence should be self-owned.

Documentation
Income Proof
Salaried :
Non Gold :

  • latest salary slip.
  • last years Form 16 / ITR.
  • last 6 months bank statement, showing at least last six salary credits.
  • For consultants, copy of contract letter along with latest Form 16 A to be taken.

Gold :

  • latest salary slip / work contract.
  • 3 months bank statement.

Self-employed:

  • Latest IT returns with Profit and Loss Account, Computation of Income.
  • Last 6 months Bank statement.

Residence Proof

  • Ration card.
  • Electricity bill / telephone bill in applicant´s name.
  • LIC premium intimation.
  • Copy of flat agreement if current residence is owned.
  • Copy of registered lease agreement if staying on rent.
  • Credit card billing statement (can be up to 6 months old).

Proof of identity

  • PAN Card.
  • Passport.
  • Election commission card.
  • Laminated Drivers License.
  • Employee ID. Not applicable for Pvt Ltd. Co employees.

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{ 2 comments… read them below or add one }

knarayanareddy
s.thangam May 23, 2009 at 10:20 am

sir iwant personal loan 50,000 salary 10,000

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