Allahabad Bank Personal Loan in Bangalore

Apply for Allahabad Bank Personal Loan

About Personal Loan

Allahabad Bank offers a personal loan to meet all the purpose that the borrower deems necessary. Employees of an organization whose salaries are remitted through the branches of Allahabad Bank can opt for Allahabad Bank personal Loan. The personal loan provided by the bank is marketed as “New Saral Loan” and is available to salary, self-employed, self-employed professionals (lawyers, doctors, etc.) as well as pensioners.



  • Interest rate(Floating): MCLR+ 4% (MCLR= 9.55%) Loan
  • Tenure: 5 years
  • Pre-closure charges: 2.25% of outstanding balance only in case of takeover

Allahabad Bank had made the approval processes of Personal loans much simpler and faster by minifying the required documents .

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