Check your Central Bank personal loan eligibility. Rate: 10.70 - 14.70% p.a. Max amount: ₹10 L.
Central Bank of India offers personal loan at an interest rate of 10.70 - 14.70% p.a. with a maximum tenure of 5 years. The maximum loan amount is ₹10 L with a minimum monthly income requirement of ₹20,000.
| Loan Amount | Monthly EMI | Total Interest | Min Income Required |
|---|---|---|---|
| ₹1 Lakh | ₹3,260 | ₹17,360 | ₹6,937/mo |
| ₹2 Lakh | ₹6,519 | ₹34,684 | ₹13,871/mo |
| ₹3 Lakh | ₹9,779 | ₹52,044 | ₹20,807/mo |
| ₹4 Lakh | ₹13,039 | ₹69,404 | ₹27,743/mo |
| ₹5 Lakh | ₹16,298 | ₹86,728 | ₹34,677/mo |
| ₹7 Lakh | ₹22,818 | ₹1,21,448 | ₹48,549/mo |
| ₹10 Lakh | ₹32,597 | ₹1,73,492 | ₹69,356/mo |
Central Bank Personal Loan interest rate ranges from 10.70 - 14.70% p.a. in 2026. The actual rate depends on your credit score, income, and loan amount.
Central Bank offers a maximum personal loan of ₹10 L with a tenure of up to 5 years.
The processing fee for Central Bank Personal Loan is 1% of loan amount + GST.
Central Bank Personal Loan prepayment policy: 3% of outstanding.
The minimum monthly income required is ₹20,000. Use the calculator above to check your exact eligibility based on your income.