Personal Loan For Maharashtra Government Employees

The Government of Maharashtra is the Government for the state of Maharashtra. It is an elected government with MLAs elected to the legislative assembly for a five-year term. It employs a significant amount of people. Personal Loan For Maharashtra Government Employees seems like a go to option to take care of their financial needs.

What is a Personal Loan?


A 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 Maharashtra Government Employees at www.bestloandeal.in. Apply online to book your personal loan now!

What is the Eligibility to avail a Personal loan For Maharashtra Government Employees?


Age Criteria 21-65 years of age.
Work Experience Min. 6 months in the current organisation. (Preferred)
Total Work Exp.At least 3 years.(Preferred)
Min. Net IncomeAt least, Rs. 20000/- per month.
(may vary according to profile)
CIBIL720 or more with a good credit history.

What are the documents needed for availing a Personal Loan?


Identity Proof Passport; PAN or Aadhar Card; Voter ID; Driving license. 2 Photographs.
Residential Proof Passport; Driving License; Voter ID;Electricity bill.
Income Proof Latest 3 months’ income slip as well as 6 months’ bank account statement. Also, Form 16 of last 2 years
Age ProofPassport, PAN Card, Birth Certificate, Employee ID Card

What are the benefits offered to Maharashtra Government Employees?


Interest rates for Personal loans for government employees starts @11.49%. (HDFC Bank and ICICI Bank)
Special offers available for government employees and public sector undertakings.
Pensioners: Banks offer loans for pensioners at lowest rates. Maximum age of pensioners to be eligible for a personal loan is capped at 76 years with a maximum loan tenure of 5 years. Banks charge a nominal processing fee for pensioners.

GOVERNMENT BODYADDITIONAL BENEFITS ON PERSONAL LOANS
Maharatna PSU>Companies grossing annual net profit of 5000 cr
> Presently there are 7 PSU’s like BHEL SAIL, IOC, etc. Personal Loan for these employees start at 11.49%
Navratna PSU
>There are 17 Navratna companies at present which include Hindustan Aeronautics, Bharat Petroleum etc. >Personal Loan for these employees start at 11.49%
Public Sector Banks>Banks having a 50% or govt share These include SBI, PNB, Bank of Baroda etc.
>Personal Loan for these employees start at 13.25%.
Railways>Indian Railways are owned by the Government of India and is managed by the Ministry of Railways
>Personal Loans for Railway employees start at 12.25%
Central Government Enterprise>University Employees are provided with a host of options to enable them to avail a Personal Loan
>Personal Loans rates start at 12.25%
State Government Enterprise>University Employees are provided with a host of options to enable them to avail a Personal Loan
>Personal Loans rates start at 12.25%


Fees and Charges

Processing charges Upto 2% (Varies from bank to bank)
Pre-closure chargesNIL to 5% on outstanding loan amount. ( Varies from bank to bank )

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