Features
Top up facility - You can apply for a renewal of your loan, after repaying a part of the original loan obtained by you.
Ability to apply via ComBank Digital - If you are already registered for our ComBank Digital online banking facility, now you can apply for Personal Loans online from where ever you are at a time convenient to you.
Your loan will be processed within a maximum of three working days, after submitting the loan application with all required documents.
You can talk to our loan officers for advice and guidance at any time before and during the repayment period of your loan.
Eligibility
You should be aged between 18 and 60 years.
You need to be a confirmed employee of an organization acceptable to the Bank with a minimum of one year in confirmed employment.
Minimum salary or your regular monthly net income should be Rs 100,000/-, to apply for a Personal Loan.
The loan should be fully repaid before the date of retirement.
Your regular income should be directed to an account at Commercial Bank (which could be opened for this purpose) from which the monthly payments could be deducted.
Documents Needed
Loan application. | Salary slips for past 03 months.| Copy of National Identity Card/ Valid Passport/ Valid Driving License.
Letter from the employer confirming Employment, Salary & Deductions with the undertaking to the account at Commercial Bank.
Bank statements of other banks for the past 06 months, where salary is being credited at present.
Address verification documents indicating applicant’s name and address (if applicable). More info >>
Guarantor Statements (if applicable).| Copy of National Identity Card of the Guarantor (if applicable).
Copy of latest salary slip of the Guarantor (if applicable).
Address verification documents indicating Guarantor's name and address (if applicable). More info >>
Terms & Conditions apply
Product information and terms & conditions are subject to change from time to time. Therefore, it is advisable to contact the branch nearest to you for the latest information and prevailing terms & conditions.