About the bank

Oriental bank of commerce is one of the reputed banks in India established in 1943. The bank is serving the masses since pre-independence and brings forth a plethora of financial products. 

Oriental Bank of Commerce Personal Loan

Often, because of unforeseen circumstances, there is an urgent requirement of funds & don’t know where or whom to turn to. So if you require funds urgently, a Personal Loan might be a quick & convenient option. You don’t need to provide collateral & can use the money in the way you want. Oriental Bank of Commerce Personal Loan is a highly demanded product among borrowers to overcome their critical financial crisis at any point in time. Oriental Bank of Commerce Personal Loan is available at the best in class rate of interest to meet personal or family expenses, for a purchase of consumer durables, gold or gold ornaments, medical treatments, travel bills, marriage expenses, etc. OBC bank offers personal loans to both salaried & self-employed individuals at competitive interest rates to ensure the interest component remains easy on the pocket and affordable. So, what are you waiting for? Get the lowest online personal loan interest rates from OBC bank at, one of India’s best loan providers with amazing cashback offers. Apply online for OBC bank personal loan & get a step closure to your dreams & goals.

What is Afinoz? is India's topmost online financial marketplace for availing loans and investment products. The online platforms give an option to compare from multiple financial products and choose the best one. We work with public and private banks, NBFCs and mutual fund houses across the entire country and offer an unbiased quotation on financial products. You can contact our team to get more information or apply for a loan or investment by calling on 0120-411-0376 or by emailing at And the cost? Obviously, our services are free of cost for loan applicants. Cheer Up!

Features and Benefits

Here are some features and benefits of taking a personal loan from the oriental bank of commerce.

  • Flexible end-use of the loan amount
  • Highly competitive interest rates
  • Tenures available up to 60 months
  • No requirement of collateral for Oriental Bank of Commerce Personal Loan
  • Low processing charge
  • Loan payable in easy installments
  • Special offers, interest rates & nominal charges for oriental bank of commerce account holders.
  • Special personal loan offers for women employees.
  • Transparent procedure
  • Zero prepayment charges
  • Fast loan processing & disbursal

Oriental Bank of Commerce personal loan eligibility or Oriental Bank of Commerce personal loan interest rates can be easily assessed and checked through Afinoz. If there is any query about Oriental Bank of Commerce personal loan application, you should log on to or call us on 0120-411-0376 or mail us at and get the details quickly.

We also offer other financial products such as Oriental Bank Business LoansBusiness Loan, Home loan, Personal Loan By SBI, Car loan, Education loan, PNB Business Loanetc. from the top banks and NBFCs at the lowest possible interest rate with no hassle. Our aim is to make financial products reasonable and easily accessible to everyone. We promise to provide quick, reliable, transparent and confidential solutions without any charge. We provide Best Personal Loan In India.

Eligibility & Document Required

Oriental bank of commerce personal loan eligibility criteria

The borrower needs to fulfill following the oriental bank of commerce eligibility criteria while applying for OBC personal loan.

  • The list of individuals eligible to apply for oriental bank of commerce personal loan include
    • A permanent and regular employee in Central/State Government Department and other institutions like Universities, Schools / College, PSUs, reputed hospitals, and well established corporate.
    • Professionals and doctors shall also be eligible for a personal loan from oriental bank of commerce.
  • Age limit: Required age for oriental bank of commerce personal loan application is minimum21 years to maximum 68 years at loan maturity.
  • The exit age for pensioners is 75 years.
  • Service: Minimum service of 3 years, including service with the previous employer(s), if any.
  • Salary: The net monthly salary should not be less than Rs 6,000/-.
  • Quantum of the loan: iOne can avail a loan up to 15 months net take-home salary, subject to a maximum of Rs.1.50 Lakh. Up to 20 times net take home salary with a max of Rs.3.00 lakh in case the salary account is maintained with the OBC branch for a minimum period of 6 months or Employee undertaking to deduct and remit the due installments to the bank.
  • Guarantor: To avail oriental bank of commerce personal loan one personal guarantee required preferably of a fellow employee, subject to the condition that one employee will not stand as guarantor in more than two accounts.
  • Eligibility and EMI calculator: Now, you can easily evaluate and calculate your Oriental Bank of Commerce personal loan eligibility and Oriental Bank of Commerce personal loan EMI amount using utility tools like personal loan eligibility calculator and personal loan EMI calculator at These calculators will help you to determine your EMI outflow every month including the interest rate you will need to pay. Using the calculator at is free, easy and simple.
  • CIBIL score: Credit score is an important factor for approval of your loan. Usually, an applicant’s creditworthiness is determined by evaluating his credit score i.e. CIBIL / EXPERIAN score. Loan applications of applicants having poor credit score may get rejected. It’s always advisable to keep on updating your credit score every now and then. If you have a bad credit score and somehow your loan application gets approved, you might be asked to pay a high rate of interest and be offered unfavorable terms and conditions on your loan as compared to someone who has an excellent credit score.
Oriental bank of commerce personal loan documents required

Individuals applying for OBC personal loan should pay attention towards documentation required to get the personal loan in Oriental bank of commerce.

  • Loan application form with a passport sized photographs
  • Identity proof: Passport Copy/ Voters ID card/ Driving License/PAN card/Aadhar Card etc.
  • Address Proof: Valid Passport/Voter’s ID card/ Ration Card/Lease Deed/ Rent agreement Copy
  • Latest IT Return/Original Letter from Company/Telephone/Electricity Bill
  • Age proof: PAN Card, Passport copy
  • Signature Proof: PAN Card, Driver’s License, Passport copy, Banker’s attestation of Bank Account Statement
  • Income details: Last 3 months’ pay slips and Form 16
  • last 6 months bank account statements

Apply for Oriental Bank of Commerce personal loan online at You can call us at 0120-411-0376 or email us at can check your eligibility and tentative EMI for Oriental Bank of Commerce personal loan using our utility tools like personal loan eligibility calculator and personal loan EMI calculator. We assure you of our best services without any hassle and effort at the click of a button from the comfort of your home or office. Once you complete and submit your Oriental Bank of Commerce loan application through, you can effortlessly track your loan application status on our website on a real-time basis, 24x7.

Interest Rate & Charges

Oriental bank of commerce personal loan interest rates

General-Interest Rates

Starting from 11.50%

Loan tenure

1 to 5 years

Processing Fee

0.50% of the loan amount with a minimum of
Rs.500+Service tax, if any

Repayment Period

Minimum- 1 year or

Maximum- up to 5 Years

Minimum Income

INR- 6000 P.M.

Loan Amount

Maximum- INR 3 Lakh

Prepayment charges


Special Note: Rates are subject to periodic change. Personal loan interest rates in Oriental Bank of Commerce and other fees and charges are subject to regular review and can vary from customer to customer depending upon a number of factors ranging from credit score, to existing loans, amount of savings, company with which you are currently employed, number of years of relationship with Oriental Bank of Commerce etc.

Why Afinoz?

Why should you apply for Oriental Bank of Commerce Personal Loan through is one of India's leading personalized financial marketplaces offering financial products with best offers. It has created a personal loan platform which lets you choose the best personal loan from the multiple options available to you. All the options are system generated taking into consideration your specific needs and requirements.

  • Instant Approval – Once you fill in and submit the application form along with the mentioned documents, you will get your e-approval within 2 to 3 days.
  • Real-time application tracking – Keep track of the application status in real-time with a unique transaction id which is generated at the time of loan application submission. We ensure that all the applicants are kept informed about their application process at each step via SMS and emails.
  • Online eligibility check - we do all your dealings with the bank online. Provide your basic information and our online personal loan eligibility calculator will let you know the amount of loan you are eligible to borrow from Oriental Bank of Commerce for your personal financing.
  • Secure Environment - has built-in security for your personal information which is stored in a secure environment in our system with your consent. This information is then sent to the bank in an encrypted format digitally and is very secure.
  • 24/7 Customer Service - At any stage of the process if you have any query or seek any financial advice, our experienced and well-trained customer service team will offer the best financing/investment solutions to your problems. So there's no need for you to waste time and make multiple trips to the bank to discuss loan specifications with bankers.
  • No third-party agent online loan application process is absolutely free. Through Afinoz one can directly approach multiple banks online without involving any agent and therefore avoiding unnecessary delays and hassles.
  • Free quotations – Get online deals on Oriental Bank of Commerce personal loans and free unbiased quotes of the best personal loan rates. All you have to do is select the loan amount you want to borrow and the tenure of the personal loan. You will get a targeted online quote within minutes of application.

Compare Oriental​​​​​​ Bank of Commerce Personal Loan with other banks Personal Loans

SBI Personal Loan HDFC Bank Personal Loan Mahindra Personal Loan Axis Bank Personal Loan
Aditya Birla Personal Loan IndusInd Bank Personal Loan ICICI Bank Personal Loan TATA Capital Personal Loan
Central Bank Personal Loan RBL Personal Loan  PNB Personal Loan Vijaya Bank Personal Loan
Bank of Baroda Personal Loan Uco Bank Personal Loan Allahabad Personal Loan  Capital First Bank Personal Loan


Query:-Can an individual apply for an oriental bank of commerce personal loan online?

Reply- All you require to do is to simply enter your personal and financial details on our website or you can directly contact our team by calling at 0120-411-0376 or by emailing at We will take care of your request.

Query-Is Personal Loan calculator tools of are free?

Reply- Absolutely, loan calculator tools are completely free and we are not charging any fee for the services we provide.

Query-Can I know the EMI amount of my personal loan in advance?

Reply-Yes we have a unique EMI calculator tool that offers EMI breakup for all loans by entering the loan amount, tenure and rate of interest. You can compare the EMI for different loan amounts and tenures with our tool and finalize the best-suited plan for your budgets before applying for oriental bank of commerce personal loan.

Query-Is my data safe with

Reply-Completely yes, does not share data with any third party other than the concerned financial institution for application. All data is sent with a high level of encryption making it safe and secure at all times.

Query-After applying online with, when will I get the loan amount and how long it will take? immediately submits your oriental bank of commerce personal loan application at your nearest OBC branch. A representative from us will get in touch with you soon to collect documents like salary certificate, identity proof, etc. On submitting these documents, the bank initiates verification process and checks your CIBIL score and disburses the loan if all things went well. The process may take 48 to 72 hours.

Query:- What is the required age for an applicant to take Oriental Bank of Commerce personal loan?

Reply-The minimum age requirement is 21 years and the applicant must be less than 68 years of age.

Query:-What is the minimum salary required for a salaried individual to get a personal loan from Oriental Bank of Commerce?

Reply-The applicant’s net monthly salary must not be less than Rs.6,000. The net take home salary must not be less than 30% of gross salary after the EMI for the proposed loan is deducted.

Query:- What is the requirement for a pensioner to avail an OBC Personal Loan?

Reply-The net take home pension of the pensioner should not be less than 50% of the gross pension after the EMI installment for the proposed loan is deducted.

Query:-What is the maximum loan amount provided as a personal loan by Oriental Bank of Commerce?

Reply-The maximum loan amount for a salaried individual is Rs.3 lakhs and for pensioners is Rs.2 lakhs.

Query-What is the maximum loan amount that can be disbursed as a personal loan from the Oriental Bank of Commerce?

Reply-The maximum loan amount that can be disbursed depends on the applicant’s salary. For applicants who do not hold an account with the bank, up to 15 times the annual salary (not more than Rs.1,50,000 in total) can be sanctioned. But, for applicants who have maintained a salary account with the bank for at least 6 months, up to 20 times the monthly salary can be sanctioned (maximum loan amount of Rs.3,00,000)

Query-Are there any guarantors, security, or collateral required taking out an OBC Personal Loan?

Reply-Depending on the loan amount, eligibility of the applicant, a guarantor may be required. The Oriental Bank of Commerce requires the guarantor to be a co-employee of the applicant, and the same cannot stand as guarantor for more than two accounts.

Query-Is there any penalty interest or penalties on pre-payment of OBC Personal loan?

The reply-penal interest of 2% is charged in addition to the outstanding loan amount for the period in which repayments were not being made as per the loan agreement. Prepayment does not carry any additional fees or penalties.

Query-Is there any fee that has to be paid up front while taking an OBC personal loan?

Reply -a processing charge of 0.50% of the loan amount (subject to a minimum of Rs.500) + service tax has to be paid at the time of taking the loan.

Query:-What is the maximum repayment period for personal loans from Oriental Bank of Commerce?

Reply-Depending on the applicant’s eligibility, loans are disbursed for tenures of up to 60 months.

Query-What is the interest rate on OBC personal loan?

Reply-The current OBC interest rates are 11.20% to 12.95%.

Query-Oriental Bank of Commerce does not sanction loans of any amount for provisional purposes under the personal loan category.

Query: -For what purposes can a personal loan be taken from Oriental Bank of Commerce?

Reply-Urgent situation expenses and financial needs can be met with Personal loans from Oriental Bank of Commerce (OBC), at times like:

  • Medical emergencies.
  • To meet travel expenses
  • To purchase of jewellery, consumer durables, etc..
  • To meet education expenses

For any query about oriental bank of commerce personal loan application, you can log on to or give us a call at 0120-411-0376 or mail us at


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Rated- 4.5/ 5 Review By - Vidhir Jain
In Jan 2017 I was looking for Personal Loan from OBC and was very confused before I checked the website of Afinoz. Once I checked the website, I was clear. The website gave me all the important information about the loan schemes of OBC Personal Loan as per my requirements.
Rated- 4/ 5 Review By - Dinesh Khan