City Union Bank Personal Loan Interest Rate – Latest Details

Key Insights

• You can get City Union Bank Personal Loan up to ₹10,00,000 as per your requirements.
   
• For City Union Bank Personal Loan, you need to submit various documents like, Aadhar Card, PAN Card, Driving Licence, etc.
   
• Your City Union Bank Personal Loan Interest Rate is generally affected with factors like, credit score, monthly income, etc.

The City Union Bank personal loans help you to get an instant personal loan without extra income proof or paperwork.

The City Union Bank offers a competitive interest rate on personal loans, with no foreclosure charges after the 12th EMI.

This blog helps you understand the interest rate in 2025, schemes, key features, and tips for reducing your personal loan interest rate with City Union Bank.

City Union Bank Personal Loan Interest Rates 2025

The following table highlights the City Union Bank Personal Loan Interest Rates: 
 

From the above-mentioned table, you can see the interest rates offered to you on City Union Bank Personal Loan.

Types of City Union Bank Personal Loan Schemes

There are two types of schemes in City Union Bank: a pre-qualified personal loan and a CUB Personal Loan.

Here are the details:
 

City Union Bank Personal give you financial support with instant approval.

Key Features of City Union Bank Personal Loan

The City Union Bank Personal Loan features like a road map of your journey.

Here is the list of features of the City Union Bank Personal Loan.
 

• Effortless Process: You can get a personal loan in just 10 clicks without any income proof.
• Flexible Loan Amount: You can choose your loan amount between ₹1,00,000 and ₹10,00,000 according to your needs.
• Competitive Interest Rates: Minimum interest rate is 11% and maximum interest rate is 16%.
• No Collateral Required: Avail personal loans without any security.
• Lightning-Fast Disbursal: City Union Bank customers can disburse an amount in just 5 minutes.

These features enhance the City Union Bank Personal Loan. (Click here to know more)

Factors Affecting City Union Personal Loan Interest Rate

Here are some categories where you can reduce your interest rate on the City Union Bank Personal Loan.
 

These factor affects the interest rate of the City Union Bank personal loan.

Bonus Tip: In case you face any issues related to City Union Bank, then you can call on these numbers: 18001205000, 1140715246, 1140715245, 4448163640.

City Union Bank Personal Loan Interest Rate Calculation

You know you can calculate the interest rate of your personal loan, your EMIs, and how much you pay.

Here is the process and formula to calculate the interest rate:

EMI = [P x R x (1+R)^N]/[(1+R)^N-1]

where,

P = Principal amount

R = is the interest rate

N is the Loan tenure

Suppose Shikhar had an emergency, and he needed instant ₹50,000 with a tenure of 12 months at 15%.

[₹50,000x15%x(1+15%)12] / [(1+15%)12-1]

According to the formula calculation, you have to pay ₹4,512.93 as EMI, and the total payable amount of the loan is ₹54,155,16.

Bonus Tip: Don’t blindly accept terms & conditions in the application process, as it could lead to confusion about the loan process.

Tips to Get Lower Interest Rates from City Union Bank 

Here are the tips to reduce your personal loan interest rate in City Union Bank.
 

• Maintain a High Credit Score: Having a credit score of 750 or higher is crucial for securing a low interest rate.
• Improve your Credit Score: Never miss payments on credit cards and loans, as it can damage the bank's trust in you.
• Choose a Shorter Loan Tenure: Shorter tenures give you an edge in reducing your interest rate.

You can use this strategy to lower your interest rate on the loan and make it more affordable. 

Conclusion

The City Union Bank personal loan offers instant 5-minute disbursal for City Union Bank customers with minimum documentation and without income proof.

If you apply online for a City Union Bank Personal Loan, ensure you log in with your registered mobile number for the preceding E-signing.

Will my credit card repayment history influence my City Union Bank personal loan rate?

Yes, consistent credit card repayment boosts your score and helps you secure a better rate.

What happens if I miss an EMI payment?

If you miss an EMI payment, a 2% penalty will be charged.

What happens if I default on the loan?

If you default on your loan, you may face penalties, your credit score may decrease, and legal action may be taken to recover the loan.

Can I change the loan tenure after the loan is disbursed?

Once your loan is disbursed, you cannot change the loan tenure.
 

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About the Author

LoansJagat Team

‘Simplify Finance for Everyone.’ This is the common goal of our team, as we try to explain any topic with relatable examples. From personal to business finance, managing EMIs to becoming debt-free, we do extensive research on each and every parameter, so you don’t have to. Scroll up and have a look at what 15+ years of experience in the BFSI sector looks like.