Syndicate Bank Personal Loan - Frequently Asked Questions

How much interest is charged by Syndicate Bank on personal loan?

Syndicate personal loan interest rates today are 14.20% to 14.20%.

What is the lowest EMI per lakh on Syndicate Bank personal loan?

If you apply for a personal loan from Syndicate Bank, your lowest EMI per lakh will be Rs. 2,337.

What is the minimum and maximum tenure of Syndicate Bank personal loan?

You can repay your personal loan from Syndicate Bank in a flexible period of minimum 12 months to maximum 60 months.

How much personal loan amount I can borrow from Syndicate Bank?

Syndicate Bank offers you personal loan if you need a minimum amount of Rs. 50,000 to a maximum amount of Rs. 200,000.

How much processing fee is charged by Syndicate Bank on personal loan?

Syndicate Bank charges a processing fee of 0.5%, Min Rs. 500 with applicable service tax.

Is age an eligibility factor to get personal loan from Syndicate Bank?

Yes, age is an important eligibility factor to get Syndicate Bank personal loan as you should be at least 21 years old at loan approval time and 58 years old at loan maturity time.

Are there any prepayment charges on Syndicate Bank personal loan?

You can take personal loan from Syndicate Bank with Prepayment charges vary by year: 2nd year - 4%; 3rd year - 3%, after 3 years - 2%.

Can I add my spouse's income while applying for personal loan from Syndicate Bank?

You can combine your income with the income of your spouse to increase your loan eligibility and to get higher loan amount.