Description

Air India is headquartered at the national capital New Delhi. It is owned by the Air India Limited. It is a government-owned enterprise. There are various benefits for those who work with reputed organizations like Air India especially in financial terms. It’s a fact that no matter which organization one is working financial emergency exists almost for all. And at this time a personal loan is the most preferred option opted by the people. A personal loan is an unsecured multipurpose loan that can be availed by one who fits into the criteria. As, most banks and NBFCs are likely to approve the personal loan application, who work with the reputed organization. Below are some of such banks listed that are providing personal loans to the Air India employees.

Major Personal loan offers for Air India Employees from various Banks

Yes Bank Personal Loan for Air India Employees

Yes Bank offers personal loans to Air India employees. Those working with Air India can avail of a personal loan from Yes Bank at an attractive rate of interest and the other additional benefits. The loan offers finance for personal expenditures such as weddings, vacations and more. Below are the details of Yes Bank personal loan for the Air India employees:

  • Fast disbursal of loan. 
  • Quick approval of the loan amount.
  • Flexible loan repayment tenure.
  • No security is required to avail a personal loan.
  • Net banking and Mobile banking facility are also offered by Yes Bank.
  • There is an option of balance transfer as well on personal loans.
  • The lucrative rate of interest starts at 10.99%.
  • Quick loan processing.
  • The maximum loan amount ranges from Rs. 1 Lakh to Rs. 40 Lakhs.
  • Online personal loan approvals.
  • Ease modes of loan repayment.

Axis Bank Personal Loan for Air India Employees

Axis Bank offers personal loans to the Air India employees at a competitive rate of interest. The personal loan from Axis bank can be used to meet any personal expenses like a big fat wedding, exotic vacation, abroad studies, or medical emergency. Below are the few important details of the Axis Bank offering to the Air India employees:

  • Online loan application processing.
  • Free Online NEFT transactions.
  • The rate of interest on personal loans ranges from 12% to 24%.
  • Availability of DDs & PO with the corporate salary account every month*.
  • Simple documentation process.
  • Cost-free withdrawals from any bank ATM across the globe.
  • Flexible loan repayment tenure ranging from 12 months to 60 months.
  • Quick disbursal of the loan amount.

Bank of Baroda Personal Loan for Air India Employees

Bank of Baroda offers a wide range of personal loans to fits-in the diverse needs of its customers. It is among the most opt credit options by people whenever they need financial support. It offers some special benefits to Air India employees like:

  • Ease modes of loan repayment.
  • Fast disbursal of loan. 
  • Competitive rate of interest. 
  • No security is required to avail a personal loan from Bank of Baroda.
  • Quick loan processing.
  • Flexible loan repayment tenure of 5 years.
  • Online personal loan approvals.

Personal Loan Interest Rate

Name of the Bank

Interest Rate

Kotak Bank

Starts at 10.99%

ICICI Bank

11.25% to 22.00% 

HSBC Bank

Starts at 12.50%

Yes Bank

10.99%

State Bank of India

Starts at 12.50% 

IndusInd Bank

10.50% to 23.00% p.a.

HDFC Bank

Starts at 12.95% 

Bajaj Finserv

12.99% onwards

Axis Bank

12% to 24%

Documents Required for Personal Loan

The following are the basic documents required to be submitted for the personal loan. The list of required documents may differ based on various factors like the type of loan scheme a borrower is seeking, etc. 

  • Passport-sized photograph
  • PAN Card – for Company/Firm/Individual.
  • A copy of any of the documents as identity proof:
  • Aadhaar Card.
  • Passport.
  • Voter's ID Card.
  • PAN Card.
  • Driving License.
  • Latest Form 16 and salary slip for salaried individuals.
  • A copy of any address proof documents:
  • Aadhaar Card.
  • Passport.
  • Voter's ID Card.
  • Driving License.
  • Bank statement of the previous 6 months.
  • Last 2 years ITR along.
  • Audit Report.

How to apply for a Personal Loan?

You can easily apply for a personal loan with Afinoz. It is a financial platform who has tie-ups with various lenders that provide personal loans purely based on the customer persona and KYC documents. So, if you are facing any difficulty in availing personal loans due to being cash salaried then go with Afinoz App. Here are a few simple steps for applying for an easy loan:

  • Step 1: Download the Afinoz App from the Google Play Store.
  • Step 2: Sign up in the account.
  • Step 3: Click on the personal loan apply button.
  • Step 4: Choose the type of employment.
  • Step 5: Enter the company name you are working for.
  • Step 6: Provide the details like working tenure, salary, existing monthly installments (if any), the required loan amount and the mail id. 

After entering all these details, a message will be displayed on the screen regarding your eligibility. And if you’ll be standing on the personal loan eligibility criteria then the Afinoz team will contact you.

So, if you are an Air India employee and looking for a personal loan but worried about the entire process, connect with Afinoz for easy and quick loan processing.