Nainital Bank Personal Loan is a solution to all your financial needs including a vacation, wedding, home renovation, medical emergency, etc. Nainital Bank offers a personal loan of upto Rs. 4 lakh and this loan can be repaid within flexible tenure. The bank offers attractive interest rates and ensures to make your EMIs affordable.
Nainital Bank Personal Loan Eligibility
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15.5L Reviews
Get up to ₹50 Lakhs starting at 9.98%
15.5L Reviews
Wide Choice
Curated offers from 30+ lenders
Quick Disbursal
Money in your account instantly
SmartMatch
Offers ranked according to eligibility
Digital Process
Hassle-free & paperless
Find Best Personal Loan Offers
Compare & Choose the Best Offer
Pre-approved Offers with Instant Disbursals
Know Your Chances of Approval
End-to-End Digital Process
How Can I Apply for a Personal Loan Online?
Get up to ₹40 Lakh in 5 Simple Steps
Step 1: Enter your mobile number in the application form
Step 2: Provide your personal details
Step 3: Enter OTP to verify your mobile number
Step 4: Select the loan purpose and loan amount
Step 5: Compare offers and apply for the best-suited loan
Nainital Bank Personal Loan Eligibility
Nainital Bank Personal Loan - Eligibility Criteria
You should be a permanent employee of Government Departments/Companies/ Reputed Institutions
Or
Field Officer/Agents of Insurance companies provided they are maintaining accounts with our bank for at least six months and the proceeds of their commission etc. are being credited in their accounts
Or
Other applicants engaged in business activity and professionals i.e. doctors, advocates, Chartered Accountants etc.
| Eligibility | Loan Amount |
|---|---|
| For salaried employees | An amount equal to fifteen times of net take home monthly salary/salary credited to his a/c subject to maximum of Rs.3,00,000/- |
| For high income employees of Govt. Department and PSU such as Professors/Doctors/ Engineers having monthly salary of Rs. 75000.00 per month (minimum) and net take home salary of Rs. 50,000(minimum) excluding instalment of proposed loan subject to maximum amount of Loan of Rs. 5 lakh | |
| For pensioners | An amount equal to ten times of monthly pension credited/remitted to the account of pensioner subject to a maximum amount Rs.50,000 including staff of Nainital Bank Limited |
| For Insurance Agents | An amount equal to average commission received during last two financial years subject to maximum Rs.2 lakh |
| Other Category i.e. Businessman, etc. | For Doctors & C.A. – An amount equal to two times of average returned income of last two years subject to maximum Rs.5 lakh |
| Others – An amount equal to two times of average returned income of last two years subject to maximum Rs.2 lakh |
Nainital Bank Personal Loan - Eligibility Calculator
You can use the online eligibility calculator available at Paisabazaar for the calculating your loan eligibility accurately and quickly. There are simple steps to be followed and you can check your eligibility:
Factors Affecting Nainital Bank Personal Loan Eligibility
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How to Improve Your Nainital Bank Personal Loan Eligibility?
How Can I Apply for a Personal Loan Online?
Get up to ₹40 Lakh in 5 Simple Steps
Step 1: Enter your mobile number in the application form
Step 2: Provide your personal details
Step 3: Enter OTP to verify your mobile number
Step 4: Select the loan purpose and loan amount
Step 5: Compare offers and apply for the best-suited loan
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