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Personal Loan for Indo-Tibetan Border Police

    What is personal loan?

    personal loan is an unsecured loan. It helps you meet your urgent money needs. Therefore, there is no need to give a security. We give the best loan offers on personal loan for Indo-Tibetan Border Police personnel at So, Apply online to book your personal loan now.

    The Indo-Tibetan Border Police is one of the seven Central Armed Police Forces of India, raised on 24 October 1962, under the CRPF Act, in the wake of the Sino-Indian War of 1962. The ITBP was intended for deployment along India’s border with Tibet.

    What is the eligibility for a personal loan for Indo-Tibetan Border Police personnel ?

    Age Criteria 25 – 76 years of age.
    Service A service record of at least 6 months.
    IncomeThe net salary 25k month on month.
    The applicant should draw the minimum salary required for a period of 6 months.
    AccountExcept for HDFC Bank, the applicant must be an account holder in the
    particular bank that he applies to.
    Credit scoreFirst time loan applicants (some banks) & customers with a good credit history are eligible.
    Loan amountMaximum cap on loan amount can be decided as per salary or age of applicant.
    Upto 30 lacs.

    What are the documents needed for a personal loan?

    Identity Proof Passport; PAN or Aadhar Card;Voter ID; Driving license.
    2 Photographs.
    Residence Proof Passport; Driving License; Voter ID; Rent agreement; Electricity bill.
    Income Proof Last 3 months€™ income slip + 6 months€™ bank statement.
    Form 16(1 year)
    Copy Of service certificate.
    Age ProofPassport; PAN Card; Birth Cert.; Employee ID Card

    What are the benefits for Indo-Tibetan Border Police personnel employees?

    Interest rates start @10.99%*.
    Tenure– 12-60 months.
    Pensioners: Banks offer loans for pensioners at lowest rates.
    Maximum age limit is 76 years; loan tenure is 5 years.
    Zero processing fee for defence pensioners in SBI and HDFC.

    A fixed Rate of Interest is charged @ monthly reducing balance. The EMI remains constant for the tenure granted. The payment of the personal loan is by deduction through ECS from the salary account on a fixed date for the entire tenure. Pre closure & part payment facilities are applicable as per the bank policy.

    Fees and Charges

    Interest Rates10.99% €“ 18% (Varies from bank to bank)
    Processing chargesNIL to 2% (Varies from bank to bank)
    Pre-closure chargesNIL to 5%. (Varies from bank to bank)
    It is allowed after Payment of 1 EMI in Axis Bank, 6 in ICICI and 12 in HDFC.

    Why apply via
    Multiple Products from multiple banks under one roof.
    Instant online approval.
    Expert guidance.

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