### Allahabad Bank Personal Loan

Individuals from all walks of life may get personal loans from Allahabad Bank because of the bank's flexible lending policies. These programs make it possible for everyone to achieve both their personal and professional goals with ease. Programs like this provide a wide range of loan amounts, terms, and interest rates. After the loan application has been authorised, Allahabad Bank's personal loan programs make it easy to get your money.

#### Comparisons between Allahabad bank Loan Interests with Other Banks

Banks | Interest Rates (per annum)
--- | ---
Allahabad Bank New Saral Loan | Starts from 12.15%-
SBI | 9.60% – 13.85%
HDFC Bank | 10.25% – 21%
PNB | 7.90% – 14.50%
ICICI Bank | 10.50% – 19%
Axis Bank | 10.25% p.a. onwards
Kotak Mahindra Bank | 10.25% onwards
IndusInd Bank | 11.00% onwards
IDFC First Bank | 10.49% – 23%
Bajaj Finserv | 13.00% onwards
Tata Capital | 10.99% onwards

#### The following are the characteristics of an Allahabad Bank personal loan

Allahabad Bank personal loans include the following features: In terms of the loan quantity, Allahabad Bank offers loans ranging from Rs. 15,000 to Rs. 1.5 million depending on the individual's needs.

There is a wide range of choices: Allahabad Bank offers several personal loan programs to address the diverse financial needs of its customers, including AllBank Vidya, the Home Appliances Finance Scheme, the New Saral Loan, and the All Bank Rent Loan.

There is little time and effort involved in applying online for an Allahabad Bank Personal Loan.

Allahabad Bank asks for a few documents to process your loan application quickly and deliver the money once it is approved.

#### Different kinds of Allahabad Bank Personal Loan

##### Allahabad Bank New Saral Loan:

Purpose: Salaried workers of Allahabad Bank having a salary account may apply for the Allahabad Bank New Saral Loan. A two-wheeler, for example, or other tangible goods that may be lawfully hypothecated to the bank can be purchased with the loan.

Loan Amount: There is a maximum loan amount of 7.50 lakh rupees

Tenure: It extends up to 5 years

Processing Fee: It is 1% of the loan amount

For The Defence Personnel: N/A

##### Overdraft Facility in SB Acc:

Purpose: An person is given a loan in order to help them with unexpected bills.

Loan Amount: There is a maximum loan amount of 40,000 rupees

Tenure: It extends up to 1 years

Processing Fee: It is 1% of the loan amount

##### Loan Against NSC/KVP:

Purpose: The loan is being given to address personal and commercial requirements, but it is not being issued for speculative purposes.

Loan Amount: There is a minimum loan amount of 10,000 rupees

Tenure: Not Known

Processing Fee: It is 1% of the loan amount

##### Loan Scheme For AllBank Doctor Plus:

Purpose: In addition to covering personal expenses like medical bills and house furnishings, doctors may use the loan to open a clinic or buy medical equipment.

Loan Amount: There is a minimum loan amount of 20 lakh rupees

Tenure: 7 years

Processing Fee: It is 1% of the loan amount

##### AllBankSuvidha:

Purpose: Individuals who already have an account with the bank and bank employees (current, VRS, and retired) are eligible to apply for a personal or company loan with no fees and no penalties to satisfy their financial requirements.

Loan Amount: There is a minimum loan amount of 100,000 lakh rupees

Tenure: Not known

Processing Fee: It is 1% of the loan amount

### Why Should You Choose the Personal Loan from Allahabad Bank?

Allahabad Bank offers loans ranging from 50,000 rupees to 7.50 lakh rupees and charges lower interest rates on more significant loan amounts, so submit your application accordingly. All Allahabad Bank customers with a monthly net take-home salary of more than 20,000 rupees (approximately $2,400) are eligible for personal loans.

#### What makes Credit right platform to apply for an Individual Loan?

##### Most trustworthy lenders

In order to present you with the best loan alternatives from various lenders in one place, Credit has partnered with more than 30 banks, non-bank financial institutions, and fintech businesses.

##### Make comparisons

What's the best option? Using a few mouse clicks, you can research and compare personal loan offers from India's leading banks, non-banking financial institutions (NBFCs), all on one screen.

##### Personalised options available

With a high degree of acceptance assurance, we provide customised solutions Credit ranks personal loan offers based on your credit score and other qualifying factors to determine which ones are most relevant to you. Your loan application will be accepted if you use this information to help you choose the best deal.

##### Can gain benefit from Pre-approved loans

These loans are those that have already been authorised. Once you've joined the Credit community, you'll get personalised pre-approval offers for personal loans based on your credit score and history. There is minimal to no verification required for these loans and the processing expenses are inexpensive.

##### Right advice

Credit's team of experts will assist you in every stage of the procedure, coordinate with lending banks/NBFCs, and help you get the best personal loan for your needs.

When it comes to applying for a personal loan, credit.nsserver.in is a 100% digital-only company, which means that you can apply from the comfort of your own home with zero to little paperwork and an entirely digital experience.

##### End-to-end Assistance

After you complete your loan application, Credit representatives will visit your home or place of business at a mutually agreed-upon time and day to pick up any physical papers that is needed. Credit takes care of everything for you, so you don't have to go to a lending institution in person to submit your documentation. Comprehensive Help from Start to Finish Credit's team is always by your side, working with the lenders to make sure you have an excellent experience from beginning to finish, from searching for a loan choice to getting the sanctioned money in your bank account.

###### Personal Loan by Top Banks

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