साउथ इंडियन बैंक पर्सनल लोन
South Indian Bank personal loan for salaried and self-employed individuals up to ₹15 Lakhs.
💳उत्पाद विवरण एवं मुख्य लाभ (Product Overview & Benefits)
उत्पाद का संक्षिप्त विवरण
South Indian Bank's multi-purpose personal credit facility for salaried individuals, professionals, and business owners.
प्रमुख लाभ एवं विशेषताएं
• High loan quantum up to ₹15 Lakhs without collateral • Repayment tenure up to 5 years (60 months) • Fast digital in-principle sanction via SIB Mirror+ mobile app • Competitive interest rates tied to Repo Rate.
📋पात्रता मानदंड एवं नियम (Eligibility & Requirements)
पात्रता की शर्तें एवं आय आवश्यकताएं
Salaried employees and self-employed professionals with regular income. Min Age: 21, Max Age: 60. Min Net Monthly Income: ₹20,000. Min CIBIL: 700.
प्रीपेमेंट एवं फोरक्लोजर नियम (Prepayment & Foreclosure)
2% prepayment penalty if pre-closed within 12 months; NIL thereafter.
📂आवश्यक दस्तावेज (Required Documents)
• Identity & Address: PAN Card, Aadhaar Card • Financial Proof: Last 3 months payslips, Form 16, or 2 years ITR • Bank Statement: Last 6 months bank statement.
⚠️क्या कमी है / महत्वपूर्ण चेतावनियां (Honest Disclosures & Hidden Costs)
• Employer salary mandate or check-off required for salaried applicants. • Minimum 2 years of ITRs required for self-employed applicants. • Prepayment penalty of 2% applies if closed within the first 12 months.
🚀आवेदन के चरण (How to Apply)
1. Open SIB Mirror+ App > Loans > Personal Loan. Select amount and e-sign.
1. Visit southindianbank.com > Personal Loans. Submit application and upload payslips.
1. Visit nearest South Indian Bank branch with payslips and bank statement.
❓अक्सर पूछे जाने वाले प्रश्न (FAQs)
What is the maximum loan limit in SIB?
Up to ₹15 Lakhs depending on your income profile and credit score.
Can self-employed professionals apply?
Yes, doctors, CAs, and business owners with at least 2 years ITR are eligible.
What is the processing fee?
1.00% of the loan amount subject to a minimum of ₹1,000 plus GST.