Personal Loan for Police Employees – Interest Rates
Are you working in Indian Police and looking for personal loan so don’t wait Axis bank offers personal loans to police employees at attractive interest rates and maximum eligibility loan amount.
Apply for Personal Loan
Personal Loan details for Police Employees
| Banks | Interest Rates |
| HDFC Bank | 10.99 – 20.75% |
| ICICI Bank | 11.70 – 18.85% |
| Bajaj Finserv | 11.99 – 16.00% |
| SMFG India | 14.00 – 33.00% |
| Kotak Mahindra | 11.50 – 20.00% |
| IndusInd Bank | 12.99 – 17.00% |
| Standard Chartered | 10.99 – 14.49% |
Processing Fees / Prepayment Charges
| Banks | Processing Fee | Pre Payment Charges |
| Bajaj Finserv | Upto 2.00% | Upto 4% post 1st EMI clearance |
| ICICI Bank | 1999 to 2.50% | Zero or 5.00% |
| Axis Bank | 2.00% | Nil |
| Kotak | 1.5 – 2.00% | 5.00% |
| HDFC Bank | 0.8% – 2.00% | 4.00% |
| SMFG India | 2.00% | Upto 7.00%, 0% after 3 year |
| Standard Chartered |
NIL (Zero) | Upto 2.00% of loan amount |
Documents required for Personal Loan
- Application form
- Photograph
- Age proof
- ID proof
- Income proof
- Bank statement
- Residence proof
- Signature verification proof
Post-sanction / pre-disbursement documentation
- Loan Agreement duly signed
- Standing Instruction (SI) Request / ECS Form. Security Cheques required for SI and ECS
Police Personal Loans are currently available only at the given locations and the eligibility for personal loan would be based on the Tier location.
| Tier 1 | Bangalore, Chennai, Delhi, Mumbai, Hyderabad, Gurgaon, Noida, Ghaziabad, Faridabad |
|---|---|
| Tier 2 | Pune, Ahmedabad, Kolkata |
| Tier 3 | Coimbatore, Kochi, Jaipur, Lucknow, Patna, Jamshedpur, Vadodara, Trivandrum, Vishakhapatnam, Bhubaneshwar, Trichy, Surat, Nashik, Aurangabad, Goa, Guwahati, Nagpur, Chandigarh |
| Tier 4 | Bhopal, Calicut, Jodhpur, Mysore, Pondicherry, Raipur, Rajkot, Durgapur, Dehradun, Hubli, Jalandhar, Kolhapur, Ludhiana, Madurai, Mangalore, Patiala, Siliguri , Ranchi, Tirunelveli, Udaipur, Vijaywada, Indore, Ajmer, Allahabad, Bhatinda, Belgaum, Bhavnagar, Bhilwara, Jamnagar, Kanpur, Kota, Salem, Ujjain, Warangal, Mehsana |
