Personal Loan for IBM Employees 2022

Employees of MNCs can easily get a personal loan as various banks came up with special loans that are specially designed for the employees of certain companies. In India, IBM is one of the top MNCs and many banks in India offer special personal loans for IBM employees with better benefits and a low-interest rate HDFC is one of them. It is one of the most preferred credit options by the people whenever they need financial support. There are ample of reasons behind it like it’s an unsecured loan, easy to avail, multipurpose loan and many more. There are various types of personal loans in the financial market and some of these loans are offered only to a particular category of the customers. 

HDFC is among the first banks to have come up with a special personal loan scheme just for IBM employees. The bank offers a personal loan scheme with special rates and additional benefits for employees of IBM. The personal loan offered by the bank is aimed to provide finance for various personal financial needs of the borrower. The loan comes at a competitive rate of interest and flexible tenure. Let us look into other features and benefits of HDFC bank personal loan for IBM employees:

• Rate of interest starts from 12.95%
• Minimum salary requirement is Rs.15,000 per month

ICICI Bank offers personal loans for IBM employees at a special rate provided that they have an existing relationship with the ICICI bank. The salary account alone offers amazing benefits and privileges such as a zero-balance feature, a welcome kit, an international debit card, and many more. The personal loan too comes with various benefits and special rates for IBM employees. Let have a look into the feature and benefits of ICICI Bank personal loan scheme for IBM employees:

• A fixed-rate of interest starts @ 11.25%
• Flexible Repayment Tenure from 12 months to 60 months
• Personal loan at a minimum salary of Rs.17,500 
• Collateral-free or unsecured personal loan is offered.

HSBC offers personal loans to the IBM employees through the Corporate employee program. Through this program, IBM employees can avail of the attractive rates on personal loans and the other additional benefits. The loan offers finance for personal expenditures such as weddings, vacations and more. Below are the details of HSBC personal loan for the IBM employees:

• The rate of interest starts at 10.50%.
• Flexible repayment tenure of 60 months

These are some of the popular personal loan schemes for IBM employees in India.

Many other loan schemes offer competitive interest rates and benefits to the IBM employees. Some of the personal loan interest rates are mentioned below however it may vary based on the applicant’s profile.

Following are the basic documents required to be submitted for the Personal Loan:

• Passport-sized photograph
• Address proof for working professionals
• Shop & establishment certificate, Lease Deed, Aadhar Card or Telephone Bill for self-employed individuals.
• Latest Form 16 and salary slip for salaried individuals.
• The last two financial years IT returns for the self-employed individuals and professionals.

You can easily apply for a personal loan with Afinoz. It is a financial platform who has tie-ups with various lenders who 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 eligible for the loan then the Afinoz team will contact you.

So, what you are waiting for? Acquire the benefits of personal loan schemes.