It depends upon the maximum loan amount set by Bank and the amount you need.
You can apply loan for the tenure you need but it should not cross the maximum tenure set by the Bank.
Yes, collateral is absolutely essential unless it is a fone loan provided by Banks that are short-term loam. For a fone loan customer must have a payroll roll account.
SaralBanking Sewa is working hard to provide an online loan processing facility to customers as soon as possible.
Yes, you need to have a bank account to acquire a loan.
A fixed interest rate will not change during the period (term) while a floating interest rate may go up or down as interest rates in the wider market change.
You can check eligibility by entering in the link given below:
No, Your EMI is not affected if you change your Job.