Personal Loan

Let it be House Repair, Marriage Expenses of your Children, Any Urgent Medical cost, Expenses for holidays abroad, Education expenses and so on. Any urgent needs of money can be fulfilled with the help of personal loan. GS Mahanagar Bank provides personal loan to fulfill immediate need of funds.

  • Permanent Salaried People
  • Professionals & Businessmen
  • Consumption Purpose
  • House Repairs / Renovations / Consumer Durables
  • Vehicles
  • Education of Children
  • Any Valid reason which is not illegal/immoral
  • Rs. 5,00,000/- subject to the repaying capacity.
  • For Nominal Members Limit up to Rs. 1 lakh.
  • Upto 120 EMIs in case of salaried individuals.
  • Upto 60 EMIs in case of others.
  • Minimum two Sureties out of which one should be an income tax payer.
  • The Borrower and all the sureties should be Regular members of the Bank.
  • Loan application Form.
  • Residential proof, Pan Card, Aadhaar Card of Applicant and sureties.
  • Income proof of Applicant and surety.
  • Bank Account statement for 6 months showing credit of salary.
  • Estimate of total expenditure.
  • Undertaking from the employer to remit loan installments /salary directly to the bank.
  • Any other document required by bank.