The banks in India provide loans for people with good income proof, if a person is unable to provide documents for his income his request may be denied by the bank, some private banks provide loans to low salary individuals also with few conditions and limitations. The salaried employees of private limited companies are not getting personal loan from nationalized bank, in rare cases they give personal loan. but they provide home loan, plot loans etc.
Punjab National Bank provide loans upto 20 times of monthly net salary whichever is lower subject to minimum. Net monthly salary as under:
Metro Centres : Rs.15000/-
Urban Centres : Rs.12500/-
Semi- Urban/ Rural Centres : Rs.10000/-
Punjab National Bank provide loans upto 20 times of monthly net salary whichever is lower subject to minimum. Net monthly salary as under:
Metro Centres : Rs.15000/-
Urban Centres : Rs.12500/-
Semi- Urban/ Rural Centres : Rs.10000/-