Sanima Bank Personal Loan interest rate 2083
Sanima Bank's personal loan is priced at 6.69%–8.14% effective in Bhadra 2083: a 4.64% base rate plus a 2.05%–3.5% premium. That ranks 5th cheapest of the 13 commercial banks we track for this product. On Rs. 10 Lakh over 60 months the EMI is about Rs. 19,655, plus a 1% processing fee.
- Effective rate
- 6.69% – 8.14%
- Base rate
- 4.64%
- Premium
- 2.05% – 3.5%
- Processing fee
- 1%
- Maximum tenure
- 60 months
- Rank by rate
- 5 / 13
- Rates effective
- Bhadra 2083
Effective from: 1 Bhadra 2083Source: www.sanimabank.com/interest-rate
Sanima Bank Personal Loan: effective rate 6.69%, EMI from Rs. 19,655 per month. Compare with 12 other banks.
Rate breakdown
Base rate
4.64%
Premium
2.05%–3.5%
Effective rate
6.69%–8.14%
Fixed
Not published
- 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 4.64% plus a premium of 2.05% to 3.5%, giving 6.69% to 8.14% effective from Bhadra 2083.
What is the EMI on a Rs. 10 Lakh Personal Loan from Sanima Bank?+
At 6.69% over 60 months, the EMI is roughly Rs. 19,655. 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.
