OBC EMI Calculator | Oriental Bank of Commerce Home, Personal & Car loan EMI Schemes

You can use the Oriental Bank of Commerce EMI Calculator which is present in our site. By using the EMI Calculator, you can know the monthly installments amounts. Along with this, we have also provided OBC Personal Loan EMI Calculator, OBC Home Loan EMI Calculator, and OBC Car Loan EMI Calculator. With these three different EMI Calculators, you can know the Installments amount. If you have taken any of the loans like home, personal or car loan based on EMI Scheme, then you can make use of these calculators to know you monthly amount within few seconds. For more details regarding Oriental Bank of Commerce EMI Calculator, you can refer below sections.

Oriental Bank of Commerce EMI Calculator

The Oriental Bank of Commerce  EMI Calculator is an online tool which can be used to know the monthly installments amounts. As everyone can’t buy with the large amount at once. So for them, the Oriental Bank of Commerce is providing loans on EMI Scheme in which they can pay little amounts for every month to the bank. To know the monthly installments, you can’t go to the bank every month. Thus, to avoid such cases we have provided online Oriental Bank of Commerce EMI Calculator on our site. Only you need to do is to enter the values like Loan Amount, Interest rate and Tenure period then by clicking on calculate button you will quickly know the result. Suppose if you have taken different loans like Personal, Car or Home loan Oriental Bank of commerce then you can use these different Oriental Bank of Commerce EMI Calculator to know installments amounts.

Also, you can able to know the Oriental Bank of Commerce Home Loan interest rates and other loan interest rates, eligibility criteria and required documents needed to submit while you are applying for loans on EMI Scheme.

The Oriental Bank of Commerce (OBC) is one of the public sector banks in India. It is an india-based bank established in Lahore. The OBC was founded on 19 February 1943. Within 4 years of its existence, the bank has faced many ups and downs. As time passed the Oriental Bank of Commerce was nationalised on 15 April 1980. During that time the Oriental Bank of Commerce has ranked 19th from 20 nationalised banks. At present Sh. Animesh Chauhan is the present chairperson of the bank.

OBC EMI Calculator

Oriental Bank of Commerce EMI Calculator

Personal Loan Oriental Bank of Commerce EMI Calculator

Did you want to take a personal loan on EMI Scheme? Then the Oriental Bank of Commerce is providing Personal Loan to the eligible candidates on the EMI Scheme. Also, the bank is proving very low-interest rates. So, the interested candidates those who want to take a personal loan in Oriental Bank of Commerce can check the the eligibility criteria, documents required to apply for the loan & OBC Interest Rates. Also, you can make use of the Oriental Bank of Commerce personal loan EMI Calculator which is present below. By using the EMI Calculator, you can know the monthly installment amount. By referring Below sections, you can able to know how to use the Oriental Bank of Commerce Personal Loan EMI Calculator.

Steps Required to use Personal Loan OBC EMI Calculator?

  1. Click the below link to open OBC Personal Loan EMI Calculator.
  2. Then on the next page, it opens the Oriental Bank of Commerce Personal Loan EMI Calculator.
  3. There you need to enter the details like Personal loan EMI amount, Interest rate, and loan tenure.
  4. Later click on the “Calculate” button.
  5. Finally, you will know the monthly wise installments which you need to pay to the bank is displayed.

OBC Personal Loan EMI Calculator

Oriental Bank of Commerce Personal Loan on EMI Interest Rates

Interest Rates 10.85% – 11.85%
Loan Tenure Period 60 – months
Processing Fee 0.50% of the loan amount
Guarantor requirement Yes

 Check Eligibility for Personal Loan in Oriental Bank of Commerce

  • The Applicants having permanent jobs in PSU (Public Sector Undertaking), state or central government departments and other institutions like colleges and universities having their salary account with the Oriental Bank of Commerce.
  • The Monthly Salary should not be less than Rs.10,000/.
  • From total gross salary after deducting the EMI of the proposed scheme then the home salary should not be less than 30%.

Eligibility conditions for Pensioners:

  • The Maximum age of the pensioners should not exceed 68 years.
  • From total gross salary after deducting the EMI of the proposed scheme then the home salary should not be less than 50%.

Documents required for Personal Loan in OBC by EMI Scheme

  • Oriented Bank of Commerce of Personal Loan Application form with Photograph.
  • Copy of Passport
  • Voter ID Card
  • Driving License
  • Processing Fee Cheque
  • Bank Statement of last 3 months or Bank Passbook (6 Months)
  • Documents for Self-employed persons
    • Form 16 or Latest ITR
    • Latest Bank Statement
  • Documents for Salaried persons
    • Salary Certificate with the latest form16
    • Salary Slip-Latest

Benefits and Features of OBC Personal Loan EMI Calculator

The Personal Loan by the Oriented Bank of Commerce comes with the attractive interest rates, Flexible loans. So, here we have listed some features & Benefits of OBC Personal Loan on EMI Scheme.

  • The Oriented Bank of Commerce does not charge any pre-closure charge in the case if the applicants want to pay personal loan earlier than the exact tenure period.
  • By using the the Oriented Bank of Commerce Personal Loan EMI Calculator, you will get the accurate result.
  • The Oriented Bank of Commerce also provided Fast Loan Processing.
  • The Pre -payment charges are nil i.e. the applicants can pay the loan amount before the tenure period.

Home Loan Oriented Bank of Commerce EMI Calculator

If you have a dream to buy a house, but you are not ready to pay the whole money at once. But you are capable of paying a little amount for every month. Then you can choose the EMI Scheme to take the home loan in Oriented Bank of commerce. As the OBC is providing very low flexible interest rates so, by choosing this bank you are so beneficial. We have also provided the Oriented Bank of commerce home loan EMI Calculator. Thus, by using the EMI Calculator you can easily know the monthly installment amount which you need to pay every month after applying for the loan. Therefore, check the below sections to know more details about eligibility criteria, documents required and steps required to use the Home loan Oriented Bank of commerce EMI Calculator.

How to use the Home Loan OBC EMI Calculator?

  1. Click the below link to open OBC Home Loan EMI Calculator.
  2. Then on the next page, it opens the Home Loan Oriental Bank of Commerce EMI Calculator.
  3. There you need to enter the details like Home loan EMI amount, Interest rate, and loan tenure.
  4. Later click on the “Calculate” button.
  5. Finally, you will know the monthly wise installments which you need to pay to the bank is displayed.

 Home Loan Oriental Bank of Commerce EMI Calculator

OBC EMI Calculator – Home Loan Interest Rates

Interest Rates 8.60%
Pre-Closure Fee Nil
Loan Tenure period 25 years
Processing Fee Nil

Eligibility criteria for home loan in Oriental Bank of Commerce on EMI

  • Minimum age of the entry of the borrower is 18 years.
  • Maximum age of the entry of the borrower is 60 years – for salaried persons with no pensions
  • The applicants or candidates must earn regular salary even if she/ he is self-employed.
  • Maximum age of the entry of the borrower is 70 years – for any other individuals, salaried individuals with the pension.
  • The candidates must be any of the following:
    • Salaried or Self-employed
    • Professionals
    • HUF
    • Bussiness Man
    • Oriented bank Employees and the staff men
    • Farmers

Required Documents to Apply for home Loan with Oriental Bank of commerce

  • Oriental Bank of Commerce home Loan Application Form with duly filled with sign and photo.
  • Photo ID Proof and Residence Proof.
  • The Processing Fee Cheque.
  • Bank Statement (latest)
  • Required Documents for Salaried Applicants
    • Income tax returns – last three years with the computation of Income.
    • CA Certified of last three years.
  • List of Documents for self-employed
    • Computation of Income (latest)
    • the Income tax Returns (latest)

Features and Advantages of OBC Home Loan on EMI

The Oriental Bank of Commerce home loan on EMI Scheme is very beneficial. So, we have listed a few advantages and features which are present below.

  • The Oriental Bank of Commerce has provings various Home Loan for the Borrowers. Based on the interest they can choose the required loan.
  • Maximum Loan tenure period is the duration of 25 years.
  • The Oriental Bank of Commerce has no pre-payment charge, or foreclosure fee or any charges.
  • Based on the age of the residential property the Repayments periods ranges from 25 years to 30 years.

Oriental Bank of Commerce Car Loan EMI Calculator

Now everyone is so interested to buy a car but some people may not capable of buying a car by investing large amount at once. For them, the Oriental Bank of Commerce is proving Car or vehicle loan on EMI Scheme. So, the interest candidates those who want to buy a car on EMI Scheme can use the scheme provided by the OBC. Before that, you need to know the eligibility, Documents needed to apply for Loan. Also, you can also use the Oriental Bank of Commerce Car loan EMI calculator to know the monthly installment amount. Thus, check the below sections to know the interest rates of OBC Car loan on EMI Scheme and also know how to use the OBC car loan EMI Calculator.

Detailed Steps to use Oriental Bank of Commerce Car loan EMI calculator

  1. Click the below link to open OBC Car loan Loan EMI Calculator.
  2. Then on the next page, it opens the Car Loan of Oriental Bank of Commerce EMI Calculator.
  3. There you need to enter the details like Car loan EMI amount, Interest rate, and loan tenure.
  4. Later click on the “Calculate” button.
  5. Finally, you will know the monthly wise installments which you need to pay to the bank is displayed.

OBC Car Loan EMI Calculator

OBC Car Loan on EMI – Interest Rates

Interest Rates Men: 9.10% and for Women: 9.00%
Tenure Period 1 year – 7 years
Processing Fees Nil
Pre-closure Charges Nil
Guarantor Reqirement Yes

Eligibility conditions to Apply for Car Loan in Oriental Bank of Commerce

  • The Applicants having permanent jobs in PSU (Public Sector Undertaking), state or central government departments and other institutions like colleges and universities having their salary account with the Oriental Bank of Commerce.
  • The Applicants whose age is above 21 are eligible to apply for the loan and for pensioners the maximum age is 68 years.
  • The applicants should have a job and worked with the current employer for at least 3 years.
  • The Applicants those who are applying for Loan should earn at least Rs.20,000/- per month.
  • Farmers are eligible by depending on the repayment capacity& Land holding

Documents Required to Apply for Car Loan in OBC on EMI Scheme

  • Car Loan Application form of OBC with sign and photo.
  • Photo ID Proof
  • Date of Birth Proof
  • Residence Proof
  • Bank Statement (last 6 months)
  • Required Documents for Salaried Applicants
    • Salary Slips of last three months
    • Income Tax Returns or form 16
  • List of Documents for self-employed
    • Income tax returns of last three years with the computation of Income.
    • CA Certified of last three years.

Benefits and Advantages of Car Loan from Oriental Bank of Commerce

Here we have listed Benefits and Features of Vehicle loan in Oriental Bank of Commerce. It is important to know the benefits before you apply for Car Loan in OBC. So, we have provided benefits and features below.

  • Best Financing
  • Low-interest Rate
  • High Quantum of Loan
  • Sufficient period for Repayment Tenure.

For more details regarding about Oriented Bank of Commerce EMI Calculator, EMI Interest rates, New EMI Schemes, etc. can visit our site www.emicalculators.co.in

Updated: March 31, 2017 — 11:30 am

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