Personal Banking

Last Updated on: 17/03/2023

Special Personal Loan HNI VIP


To finance for the purchase of Household goods etc.


Any Individual whose regular income is more than Rs. 75000/- with 2 years of service in the same organization. The age of the individual should be between 25-60 at the time of maturity of the loan.

Quantum of Loan

90% of the cost of article subject to maximum of Rs. 25.00 lacs.


10% on cost of the article.

Rate of Interest

Retail Credit Interest Rates - (Click here)


Maximum Repayment is 12-72 EMIs.

No Pre payment charges.


Loan upto Rs. 15.00 lacs: Hypothecation of purchase of articles purchased out of loan.

Loans above Rs. 15.00 lacs: Third party guarantee / Collateral Security along with Hypothecation of article which is purchased out of loan.

Processing Charges: For up to Date Processing Charges, You are requested to kindly visit your nearest IOB Branch.