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Sanima Bank Personal Loan interest rate 2083

Sanima Bank Personal Loan: effective rate 10.64%, EMI from Rs. 21,563 per month. Compare with 19 other banks.

#7 / 20 banksAwaiting verificationEffective from 1 Bhadra 2083

Rate breakdown

Base rate

6.59%

Premium

4.05%–5.72%

Effective rate

10.64%–12.31%

Fixed

12.14%–14.31%

Processing fee
1% (Min Rs. 1,000)
Prepayment penalty
0.65%
Loan amount
Rs. 1 Lakh – Rs. 50 Lakh
Tenure
12 – 60 months
Max financing
Age
21 – 65 years

Highlights

  • No collateral for salaried
  • Disbursement in 3 to 7 days
  • Flexible use

Who is eligible

Salary account with the bank or salary certificate from a registered employer required.

Documents you will need

  • Citizenship certificate (copy)
  • 2 passport-size photos
  • Latest 6 months bank statement
  • PAN card

Sanima Bank Personal Loan FAQ

What is Sanima Bank's current Personal Loan interest rate?+

Sanima Bank's Personal Loan floating rate is base rate 6.59% plus a premium of 4.05% to 5.72%, giving 10.64% to 12.31% effective from Bhadra 2083.

What is the EMI on a Rs. 10 Lakh Personal Loan from Sanima Bank?+

At 10.64% over 60 months, the EMI is roughly Rs. 21,563. Use the calculator above to change the amount or tenure.

Can I prepay a Sanima Bank Personal Loan?+

Yes. The published prepayment charge is 0.65% of the outstanding balance. Confirm with the branch, as some banks waive it after a minimum period.