Personal Loan

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Easy finance for you

Avail Loan up to Rs.2 Lakhs.


No Pre-Payment /Pre-closure Penalty.


Low Processing Fee & No Hidden Charges.


Link with Credit Insurance Scheme.


  • Features
  • Eligibility
  • Documents Required
  • Loan Limit

    Maximum upto Rs.2 Lakhs

  • Repayment

    Maximum 60 months.

  • Pre-Payment Penalty

    Nil

  • Rate of Interest

    14.00% p.a.*

  • Service Charges

     Applicable from time to time

  • No Mortgage needed
  • Get Personal Loans to Fulfill your needs from Mahatma Fule Bank.

    For Salaried Persons :
    Employees of reputed and financially sound organization.

    Minimum Gross take home salary of INR.11,000/- per month and Confirmed service for at least one year.

  • For Businessmen & Professionals :

    Business should have establishment of minimum of three years.

  • Co-Applicant :

    Spouse / Parents of the applicant can be taken if required.

  • Guarantors :

    Two Acceptable Guarantors

  • Share Membership :

    Borrower & Co-Borrower : Regular Membership @ 5% of loan amount (Refundable at the time of Loan closure)

    Guarantors : Nominal membership ( Applicable from time to time.)

Duly filled form with :

  • Income Proof of Applicant(s) & Guarantor(s)

  • Residential Proof of Applicant(s) & Guarantor(s)

  • PAN Card of Applicant(s) & Guarantor(s)

  • KYC of Applicant(s) & Guarantor(s)

  • Bank statement

  • No Prime Security

    Two Acceptable Guarantors and Security holders to be also taken as guarantors.

    Other Charges : One Upfront EMI, Stamp Charges, etc.

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