Instant Funds with Seamless Process

Life is uncertain and we may come across instant need of funds anytime. Personal Loan is an ideal choice in such situations. SIB Personal Loan ensures you have your required funds in on time with digital documentation and instant disbursal. More over, with our SIB Mirror+ app eligible customers can also apply for pre-approved personal loan and get funds directly in your account.

Instant personal loan approval: Get immediate approval on personal loan online.
Minimal documentation: Hassle-free process for both salaried and self-employed individuals.
Competitive personal loan interest rates: Affordable EMIs tailored for your budget.
Top-up facility: Easily avail a top-up on your current loan for more flexibility.
Repayment tenure up to 60 months: Flexible terms to suit your financial goals.

Explore the essential personal loan eligibility requirements, including age, income, credit score, and employment conditions. With a few simple steps, you could be on your way to securing a personal loan online.

Criteria	Details
Age (Salaried)	Minimum: 21 years; Maximum: 60 years or superannuation age
Age (Self-Employed)	Minimum: 21 years; Maximum: 65 years
Loan Amount	Minimum: Rs1 lakh; Maximum: Rs20 lakhs
Loan Tenure	Minimum: 12 months; Maximum: 60 months
Interest Rate	Click here to view the personal loan interest rates
Credit Score	Minimum 740 required
Employment	Salaried: 2 years employment, 1 year in current job
Requirements	Self-Employed: 3 years in business
Additional Criteria	Gross income ≥ Rs.25,000/month; Co-applicant/guarantor required

Check your personal loan eligibility and apply for personal loan today!

We understand your valuable time hence we make the whole process seamless for you. For a smooth personal loan application process, keep the documents ready based on the category of application.

Category	Required Documents
Salaried individuals	Identity Proof Address Proof Passport Size Photo Latest 3 months’ pay slips Latest Form 16/ITR Latest 6 months’ bank statement showing salary credits
Self-employed – Business class	Identity Proof Address Proof Passport Size Photo Latest 2 years’ tax returns Valid Business Proof Latest 6 months’ bank statements
Self-employed professionals	Identity Proof Address Proof Passport Size Photo Latest 2 years’ tax returns Valid registration proof and professional certificate Latest 6 months’ bank statements
Non-resident Indians (NRIs)	Identity Proof Address Proof Passport Size Photo Valid Passport and Visa 12 months’ NRE account statement Latest 12 months’ NRE account statement/spouse domestic account statement reflecting NRE remittance/overseas bank statement

Gather your documents and apply for personal loan online today!

Category	Details
Interest Rates	Check Interest Rates
Other Charges	Click here for Service Charges

Use the EMI calculator and apply for personal loan today!

Calculator Here

New to South Indian Bank

You can apply for Personal Loan through South Indian Bank either through branches or via online.
Applying for a personal loan online is quick and easy with these seamless steps:

Online application - Fill out the form with personal and financial details.
Document submission - Submit documents online or at the nearest branch.
Verification - Bank verifies your eligibility and documents.
Approval - Receive loan approval based on eligibility and requirements.
Disbursal - Loan amount credited to your bank account.

Existing SIB Customer

Existing bank customers enjoy pre-approved personal loans with exclusive offers.
Start your personal loan online application now and access funds in just a few easy steps!