Chhattisgarh Rajya Gramin Bank Personal Loan Interest Rate at 11% to 18%

INTEREST RATE11% to 18%
LOAN AMOUNTPersonal loan with check-off facility and salary payment through branch (to non-specified customers)
LOAN TENUREMaximum Tenure 60 months
PROCESSING FEEAs decided by the bank from time to time
GUARANTOR REQUIREDPlease Contact Bank Branch
PRE PAYMENT CHARGESAs decided by the bank from time to time
Note: Updated on Feb 2024, for latest interest rates, please visit bank website.

About Chhattisgarh Rajya Gramin Bank

Chhattisgarh Rajya Gramin Bank is a gramin bank in india established on 09-02-2013. It has headquarter in Raipur and address is Sunder Nagar, Mahadeo Ghat Road, Raipur, Chhattisgarh. it has 1224 branches across the state.

It provides all the financial services to its customers like saving deposit, fixed deposit, recurring deposit, loans, personal loan, netbanking, RTGS, NEFT, IMPS, Atal Pension Yojana, Pradhan Mantri Jandhan Yojana, Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana and many more.

Chhattisgarh Rajya Gramin Bank Personal Loan Interest Rates, Personal Loan at - 11% to 18% Updated on 05 Nov 2024. Apply for Personal Loans Online. Find Chhattisgarh Rajya Gramin Bank Personal loan purpos, Eligibility, Margin, Repayment of Personal Loan ,Security, Document Required for Personal Loan from below.

Other Products of Chhattisgarh Rajya Gramin Bank:

Home LoanPersonal Loan
Education LoanBusiness Loan
Car LoanTwo Wheeler Loan
Gold LoanFD Interest Rates
Chhattisgarh Rajya Gramin Bank RD Interest RatesChhattisgarh Rajya Gramin Bank ATMs Location
PPF Account 

Features and Benefits of Chhattisgarh Rajya Gramin Bank Personal Loan

  • Maximum loan amount
  • Multiple loan repayment options
  • Fast & easy processing of personal loan application
  • Quick loan approval
  • Guarantor is not insisted upon by the bank
  • Attractive & competitive interest rates
  • Offers special schemes and discounts for employees of large companies
  • Usually, no security is required for availing personal loan

How to Apply for Chhattisgarh Rajya Gramin Bank Personal Loan?

  1. Apply Online: You can apply online through website of Chhattisgarh Rajya Gramin Bank and fill up your personal information and work information & uploading necessary documents. You can apply after checking your loan eligibility.
  2. Apply Offline: You can visit personally to any of Chhattisgarh Rajya Gramin Bank branches alongwith all the required documents , fill up the form and get your loan approval process started.

Chhattisgarh Rajya Gramin Bank Personal Loan Purpose

To meet all sorts of financial needs like a holiday trip abroad, household shifting, marriage in the family, payment of credit card bill, repayment of an existing loan, medical emergencies and many more without worrying about keeping any collateral or property.

Chhattisgarh Rajya Gramin Bank Personal Loan Eligibility

  1. Age: 21 to 58 years.
  2. Permanent employees of State/Central Govt., Public Sector Undertakings, Corporations, Private Sector Companies and reputed establishments.
  3. Salaried / Self - Employed with regular income.
  4. Number of years in the present job/ business/ profession: upto 3 years

Chhattisgarh Rajya Gramin Bank Personal Loan Document Required

  1. Duly filled up and signed personal loan application form
  2. Photographs
  3. Proof of identity- Passport, Voter ID card, Driving license, PAN card, Aadhar Card, Government department ID card
  4. Proof of income -Latest salary slip showing all deductions or Form 16 along with recent salary certificate (for salaried individuals)
  5. Proof of income- Income Tax Returns of 2 previous financial years (for other than salaried individuals)
  6. Proof of Address - Bank account statement, Latest electricity bill, Latest mobile/telephone bill, Latest credit card statement, Existing house lease agreement
  7. Bank Statement or Bank Pass Book of having entries of last 6 months

Chhattisgarh Rajya Gramin Bank Personal Loan Amount

Personal loan with check-off facility and salary payment through branch (to non-specified customers)

Chhattisgarh Rajya Gramin Bank Personal Loan Repayment

Maximum 60 EMIs are allowed for repayment of personal loan. It starts from 12 EMIs. Repayment period also depends upon your credit score.

Chhattisgarh Rajya Gramin Bank: Repayment as Equated Monthly Installments (EMI)

Any one of the following methods can be used to repay the loan:

  • Standing instruction registration at your bank
  • Through Internet Banking solution
  • Automated Payment through ECS (Electronic Clearing service)
  • Through Mobile Banking App, if provided by the bank

Security

NIL

Top 3 Reasons of Rejection of Personal Loan Application

(1) Poor Credit Score

Credit score is considered as a measure of credit worthiness of any person. Good Credit Score determines your credibility to repay the loan without defaulting it. Credit score is important for lender to assess the risk of default. Due to poor credit score, many of the personal loan applications get rejected by the lenders. A person having credit score less than 750 may face an issue of his/ her personal loan rejection.

(2) Higher Size of Existing Debt

If you have already taken a lot of loan and the loan to net income ratio is above 40% then the lenders may reject your loan application.

(3) Higher Loan Enquiries

Whenever you apply for a credit, the lender asks for your credit report from the credit bureaus which is called an enquiry. The credit bureau considers such enquiries as hard enquiries and mentions it in your credit report. You yourself should not make too many enquires even if it is available free of cost. Too many enquiries has a negative impact on your credit score.

Personal Loan Myths

Pre-payment of Personal Loan always attracts Penalty

It is not true that pre-payment of Personal Loan always attracts penalty. It depends upon lenders to charges any pre-payment penalty. It has been seen that there are many lenders who do not charge any prepayment penalty.

Personal Loan at Lowest Interest Rate is the Best

It is not correct that Personal Loan at lowest interest rate is the best. There are other important components also which matter a lot while selecting best lender for personal loan. These components are processing fee, eligible amount, tenure of loan repayment, service issues, other terms of loan, etc. You need to consider all these components in addition to lowest interest rate.

Hike in Interest Rate increases EMIs of Personal Loan

When these in a hike in interest rate, loans obtained at fixed rate of interest would not affect. In case of floating rate loans also, if you do not want EMIs to go up, you can go for increase in tenure.

Your Personal Loan Application Gets Rejected if you do not have Regular Income

In case you do not have a regular source of income, there are chances when you can get personal loan application approved and can avail personal loan. Loan approval can be given to you if you add a joint holder having a regular income or you can borrow from peer to peer lenders.

Longer Personal Loan Repayment Tenure is Better

It is an assumption that longer personal loan repayment tenure is better as the borrower will need to pay lower EMIs which he/ she can pay comfortably but it is not so. Longer repayment tenure brings higher interest outgo also. You will need to pay interest for longer time period.

Interest Rates are not Negotiable

Interest rates on personal loan vary from customer to customer. Customers with high credit score and good income can negotiate on interest rates with the lenders and can get comparatively lower interest rate loans.

Good Credit Score Guarantees Personal Loan Approval

Carrying good credit score does not guarantee personal loan approval as there are other factors like income, regularity of income, employer, employment type, etc. which the lender consider during loan approval process apart from good credit score.

You cannot Get Personal Loan with Poor Credit Score

Credit Score is just one of the few measures considered during home loan approval process to decide whether to give approval or in the rejection of the loan application. In some cases, your home loan application may be rejected despite having good credit score, if other factors are not up to the mark. With bad credit score, you can get a home loan but probably at higher interest rate. Sanction of home loan also depends on other factors like age of the borrower, income of the applicant, etc.

If major banks are not providing home loan with poor credit score, you may avail the loan from many other cooperatives banks and NBFCs.

Contact details of Chhattisgarh Rajya Gramin Bank, Chhattisgarh Rajya Gramin Bank SMS balance check number, Chhattisgarh Rajya Gramin Bank SMS banking, Chhattisgarh Rajya Gramin Bank mobile banking, Chhattisgarh Rajya Gramin Bank toll free number,Chhattisgarh Rajya Gramin Bank toll free number 24*7, Chhattisgarh Rajya Gramin Bank miss call number.

  • CUSTOMER CARE NUMBERS - 18002332300
  • CONTACT NUMBERS - 18002332300

Chhattisgarh Rajya Gramin Bank Contact Details

  • BANK OFFICIAL WEBSITE - https://www.cgbank.in
  • CONTACT NUMBERS - 18002332300
  • EMAIL ID - [email protected]
  • CUSTOMER CARE NO. - 18002332300
  • TOTAL BRANCHES - 1224
  • HEADQUARTER - Raipur
  • BANK ADDRESS - Sunder Nagar, Mahadeo Ghat Road, Raipur, Chhattisgarh
Chhattisgarh Rajya Gramin Bank EMI Calculator  Chhattisgarh Rajya Gramin Bank Branches  
Chhattisgarh Rajya Gramin Bank Personal Loan FAQs  Personal Loan Document Required

Other Banks Personal Loan Interest Rates

Abhyudaya Cooperative Bank LimitedAhmedabad Mercantile Cooperative Bank
Akola Urban Coop Bank Allahabad Bank
Allahabad Up Gramin BankAmanath Cooperative Bank Ltd. Bangalore
Andhra BankAndhra Pradesh Grameena Vikas Bank
Andhra Pragathi Grameena BankApna Sahakari Bank Limited
Arunachal Pradesh Rural BankAryavart Bank
Assam Gramin Vikash BankAu Small Finance Bank Limited
Axis BankBandhan Bank Limited
Bangiya Gramin Vikash BankBank Of Baroda
Bank Of IndiaBank Of Maharashtra
Baroda Gujarat Gramin BankBaroda Rajasthan Kshetriya Gramin Bank
Baroda U.p. BankBaroda Up Gramin Bank
Bassein Catholic Cooperative Bank LimitedBharat Cooperative Bank Mumbai Ltd. Mumbai
Bharati Sahakari BankBharatiya Mahila Bank Limited
Bihar Gramin BankBombay Mercantile Co Op Bank Ltd
Canara BankCapital Small Finance Bank Limited
Catholic Syrian Bank LimitedCentral Bank Of India
Central Madhya Pradesh Gramin BankChaitanya Godavari Grameena Bank
Chhattisgarh Rajya Gramin BankCitizen Credit Cooperative Bank Limited
City Union Bank LimitedCorporation Bank
Dakshin Bihar Gramin BankDcb Bank Limited
Dena BankDena Gujarat Gramin Bank
Dhanalakshmi BankDombivli Nagari Sahakari Bank Limited
Ellaquai Dehati BankEquitas Small Finance Bank Limited
Esaf Small Finance Bank LimitedExport Import Bank Of India
Federal BankFincare Small Finance Bank Ltd
Gramin Bank Of AryavartHdfc Bank
Himachal Pradesh Gramin BankIcici Bank Limited
Idbi BankIdfc First Bank
Indian BankIndian Mercantile Cooperative Bank Ltd.
Indian Overseas BankIndusind Bank
Jalgaon Janata Sahakari Bank LimitedJammu And Kashmir Bank Limited
Jammu And Kashmir Grameen BankJanakalyan Sahakari Bank Limited
Janalaxmi Coop Bank Janata Sahakari Bank Ltd
Jharkhand Gramin BankJharkhand Rajya Gramin Bank
Kallappanna Awade Ichalkaranji Janata Sahakari Bank LimitedKalupur Commercial Cooperative Bank
Kalyan Janata Sahakari BankKapol Cooperative Bank Limited
Karnataka Bank LimitedKarnataka Gramin Bank
Karnataka Vikas Grameena BankKarur Vysya Bank
Kashi Gomti Samyut Gramin BankKaveri Grameena Bank
Kerala Gramin BankKhamgaon Urban Co Op Bank Ltd
Kotak Mahindra Bank LimitedLangpi Dehangi Rural Bank
Laxmi Vilas BankMadhya Bihar Gramin Bank
Madhya Pradesh Grameen BankMadhyanchal Gramin Bank
Mahanagar Cooperative BankMaharashtra Gramin Bank
Malwa Gramin BankManipur Rural Bank
Meghalaya Rural BankMizoram Rural Bank
Nagaland Rural BankNagar Urban Co Operative Bank
Nagpur Nagarik Sahakari Bank LimitedNarmada Jhabua Gramin Bank
Nasik Merchants Cooperative Bank Ltd.New India Cooperative Bank Limited
Nkgsb Cooperative Bank LimitedNorth East Small Finance Bank Limited
Nutan Sahakari Bank LtdOdisha Gramya Bank
Oriental Bank Of CommercePallavan Grama Bank
Pandyan Grama BankPaschim Banga Gramin Bank
Pragathi Krishna Gramin BankPrathama Bank
Prathama U.p. Gramin BankPravara Sahakari Bank Ltd
Puduvai Bharathiar Grama BankPunjab And Maharshtra Cooperative Bank
Punjab And Sind BankPunjab Gramin Bank
Punjab National BankPurvanchal Gramin Bank
Rajarambapu Sahakari Bank LtdRajasthan Marudhara Gramin Bank
Rajkot Nagrik Sahakari Bank LimitedRupee Cooperative Bank Ltd.
Sangli Urban Co Op Bank Ltd SangliSaptagiri Grameena Bank
Saraswat Cooperative Bank LimitedSardar Bhiladwala Pardi Pepls Co Bk
Sarva Haryana Gramin BankSarva Up Gramin Bank
Saurashtra Gramin BankShikshak Sahakari Bank Limited
Solapur Janata Sahakari Bank LimitedSouth Indian Bank
State Bank Of Bikaner And JaipurState Bank Of Hyderabad
State Bank Of IndiaState Bank Of Mysore
State Bank Of PatialaState Bank Of Travancore
Suryoday Small Finance BankSutlej Kshetriya Gramin Bank
Syndicate BankTamil Nadu Grama Bank
Tamilnad Mercantile Bank LimitedTelangana Grameena Bank
The A.p. Mahesh Cooperative Urban Bank LimitedThe Akola Janata Commercial Cooperative Bank Ltd. Akola.
The Cosmos Co Operative Bank LimitedThe Goa Urban Co Op Bank Ltd
The Greater Bombay Cooperative Bank LimitedThe Jalgaon Peoples Cooperative Bank Limited
The Kapol Cooperative Bank LimitedThe Karad Urban Cooperative Bank Limited
The Mapusa Urban Coop Bank Of Goa LtdThe Mehsana Urban Cooperative Bank
The Nainital Bank LimitedThe Shamrao Vithal Cooperative Bank
The Surath Peoples Cooperative Bank LimitedThe Thane Bharat Sahakari Bank Limited
The Zoroastrian Cooperative Bank LimitedTjsb Sahakari Bank Ltd
Tripura Gramin BankUco Bank
Ujjivan Small Finance Bank LimitedUnion Bank Of India
United Bank Of IndiaUtkal Grameen Bank
Utkarsh Small Finance BankUttar Banga Kshetriya Gramin Bank
Uttar Bihar Gramin BankUttarakhand Gramin Bank
Vananchal Gramin BankVidharbha Konkan Gramin Bank
Vijaya BankYes Bank
Zila Sahakari Bank Ltd