Skip to content

Personal Loan for Indian Railway Employees

    I have read, understood and hereby accept the customized Term & Condition for LendingWale in relation to collection of information.

    What is a Personal Loan?

    A Personal Loan is an unsecured loan. It helps you meet your urgent money needs. Therefore, there is no need to give any security. We give the best loan offers on Personal Loan For Indian Railway Employees at So, Apply online to book your personal loan now!

    What is the Eligibility for Personal loan For Indian Railway Employees?

    Age Criteria 21-65 years of age.
    Work Experience Min. 6 months in the current organisation. (Preferred)
    Total Work Exp. a total work experience of 2 years (varies from bank to bank)
    Min. Net IncomeAt least, Rs. 15000/- per month.
    (may vary depending upon your profile).
    CIBIL720 or more with a good credit history.

    What are the documents needed for availing a Personal Loan?

    Identity Proof Passport ; PAN card ; Aadhar Card ; Voter ID card ; Driving license.
    2 Photographs.
    Residential Proof Passport ; Driving License ; Voter ID ; Electricity bill. (Not older than 3 months)
    Income Proof Latest 3 months’ income slip as well as 6 months’ bank account statement.
    Also, Form 16 of last 2 years.
    Age ProofPassport ; PAN Card ; Birth Certificate ; Employee ID Card.

    Benefits on Personal Loan For Indian Railway Employees?

    1. Personal Loans For Indian Railway Employees start at 12.25%.

    2. Banks offer loans for pensioners at lowest rates for a tenure of upto 5 years until 75 years of age.

    What are the Fees and Charges associated with a Personal Loan?

    Processing charges Upto 2% on loan loan amount (Varies from bank to bank)
    Pre-closure chargesNIL to 5% on outstanding loan amount. ( Varies from bank to bank )

    Indian Railways is India’s national railway system operated by the Ministry of Railways. It manages the fourth largest railway network in the world by size, with a route length of 67,368-kilometre and total track length of 121,407-kilometre as of March 2017.


    Why apply via
    One Stop for all your financial needs

    Instant online approval

    Expert guidance and relentless support!

    We offer Personal Loan to Railway Employees working in the following departments:

    Read more about Personal Loans