India Loan Personal Loan

Central Bank of India Personal Loan

Friends, almost everyone has faced many difficulties in their lives. Lack of money is often the cause of these problems. Lack of money can lead to many problems. It is very difficult to make a living today. Sometimes, we find ourselves in very difficult situations due to lack money. We can’t get any money anywhere so we worry about it. Friends, you are in the right place. Today I will show you how to get an online loan. Central Bank of India Loan App is the loan app we will be discussing today. We will be discussing how to apply for a loan through Central Bank of India. How much we can borrow from Central Bank of India. What is the interest rate on Central Bank of India. And what is the tenure rate. This post will cover all these details. Let’s get started. Prepared to salaried corporate and government workers and self-employed people/professionals, the Central Bank of India Personal Loan gives actual solutions to various individual financial needs. The bank offers unsecured personal loans up to PKR. 20 lakh. This ensures that there are minimal paperwork and hassle. Personal loans from the Central Bank of India are available to help individuals with many situations, such as medical emergencies, home renovations, wedding expenses, and vacation expenses.

How Much Loan Amount We Can Get From Central Bank of India as personal loan?

Central Bank of India grant a huge personal loan amount of PKR. 20 lakh. The loan amount given to an person may however change based on pay, credit score, repayment history, employer, candidate’s age, etc.

What is the Tenure Rate Of Central Bank of India personal loan?

Flexible repayment options allow the loan to be repaid. The tenure of a personal loan from the Central Bank of India can vary depending on which scheme is used.

What is the interest rate of personal loan?

The following are the interest rates candidate to various personal loans given by the Central Bank of India:

  • Cent Personal Loan Scheme: interest rate is 9.85% onwards.
  • Cent OD Facility to Pensioners: interest rate is 8.45% onwards.
  • Cent Pension Loan Scheme: interest rate is 8.45% onwards.
  • Cent Liquid Scheme: interest rate is 11.15% onwards.

 Central Bank of India Personal Loan

Personal loan calculator

Eligibility criteria

1. Personal Loans for Cent

  • Permanent employees of government organizations, railways, central and state authorities, hospitals, schools, municipalities, etc., are needed. It would help if you served at least one year.


  • The permanent employee in a Multinational/Indian Company.

2. Cent OD Facility for Pensioners

  • This loan is reasonable to pensioners and family pensioners who get pensions through Central Bank of India branches, including Previous-staff of Central Bank of India.

3. Cent Pensioners

  • Beneficiaries and Family Pensioners can draw pension through one of our Bank branches.
  • Beneficiaries who take their pension through Treasury/DPDO (Defence Pension Disbursing Office), directly to their savings accounts at Central Bank of India branches, are also eligible.
  • Central Bank of India Pensioners/Family beneficiaries

4. Cent Liquid Scheme

The Cent Liquid Scheme is open to bonafide owners who have a DEMAT account with Depository Participant and are bonafide holders of shares/debentures.

Documents required

The Central Bank of India offers different personal loan designs. Each scheme will require different documents. The following are the necessary documents for every type of personal loan:

  • Identification proof: Passport, PAN Card, Voter ID Card, Driving License, Aadhaar
  • Address proof: Passport, Passport, and Bank Account Statement.
  • Income proof: Bank Account Statement, Salary Slips, and ITR, Form 16, etc.

Read Also – How to apply for NBP personal loan | NBP | | NBP Installment calculator

How To Apply For Central Bank of India personal loan?

Here are the steps to apply for a personal loan from the Central Bank of India.

  • Complete the online application for a loan
  • Compare offers from potential lenders, sorted by the possibility of approval.
  • If you are capable of selecting the loan offer from the Central Bank of India
  • You can give further knowledge on the online form to send your loan application to your lender.


Below are some of the many benefits of implementing to Central Bank of India personal loan

  • Personal loans are quickly paid with quick processing and simple documentation
  • It is easy to connect different lenders using the given interest rates, fees, and charges.
  • Central Bank of India Customer care is available 24/7 to offer support from beginning to end.