City Union Bank personal loan options help individuals meet planned and urgent financial needs through products such as Consumer Loan, Jewel Loan (non-agricultural), and Pre-Qualified Personal Loan. Borrowers can use these loans to buy household durables, access funds against gold ornaments, or apply for unsecured credit if they meet CUB’s eligibility norms. With simple documentation, defined repayment options, and product-specific charges, CUB personal loan offerings are suitable for salaried employees, self-employed individuals, and existing customers looking for a practical financing solution from a scheduled commercial bank.
Overview of City Union Bank Personal Loan
City Union Bank offers multiple personal financing options for different borrower needs, ranging from consumer durable purchases to instant liquidity against gold ornaments.
| Feature | Details |
| Loan Types | Consumer Loan, Jewel Loan (Non-Agricultural), PQPL (Pre-Qualified Personal Loan) |
| Interest Rate | Starting from 11% p.a. |
| Maximum Loan Amount | Up to Rs. 1.00 Lakh for Consumer Loans |
| Processing Fees | Up to 2% of the loan amount |
| Repayment Tenor | 36 to 60 months |
| Suitable For | Salaried employees, self-employed individuals, existing CUB customers, and gold loan borrowers |
Key Features of City Union Bank Personal Loan
City Union Bank personal loan products focus on easy access, simple eligibility requirements, and practical borrowing options.
- Multiple Loan Choices: Borrowers can choose from Consumer Loan, Jewel Loan, or unsecured personal loan options such as PQPL.
- Quick Processing: CUB highlights faster processing for eligible applicants.
- Simple Documentation: The bank keeps documentation requirements straightforward for quicker appraisal and approval.
- Flexible Repayment: Consumer Loans offer repayment tenures ranging from 36 to 60 months.
- Low Margin for Jewel Loans: CUB Jewel Loans may require a margin as low as 10%.
- Practical Usage: Loan funds can be used for purchasing consumer durables such as refrigerators, furniture, wet grinders, and other household appliances.
Get Personal Loan Online Up to ₹15 Lakhs
By entering your number, you're agreeing to Terms & Conditions & Privacy Policy.
Types of City Union Bank Personal Loan
City Union Bank provides specialised financing solutions ranging from instant gold-backed liquidity to high-value pre-qualified unsecured loans for salaried professionals.
| Loan Type | Target Audience | Loan Amount | Key Benefit |
| CUB PQPL | Valued salaried customers | Rs. 1 Lakh to Rs. 10 Lakh | 5-minute instant disbursement with no income proof requirement. |
| CUB Consumer Loan | Salaried and self-employed individuals | Up to Rs. 1.00 Lakh | Financing for household durables with a 10% margin requirement. |
| CUB Jewel Loan | Individuals with gold ornaments | Based on the jewel value | Instant liquidity with interest rates starting from 9.50%. |
1. CUB Pre-Qualified Personal Loan (PQPL)
This unsecured personal loan product is designed for a smooth digital borrowing experience with minimal documentation and quick disbursal.
- Hassle-free process: Eligible customers can complete the application journey with minimal steps and without additional income proof or paperwork.
- Fast disbursal: Existing CUB customers may receive funds within as little as 5 minutes after approval.
- Flexible financing: Loan amounts range from Rs. 1 Lakh up to Rs. 10 Lakh, subject to eligibility.
- Competitive interest rates: Interest rates generally range from 11% to 16% p.a.
- Repayment tenure: Flexible EMI repayment options are available from 12 to 48 months.
- No collateral required: Since it is an unsecured personal loan, no security or collateral is needed.
- Reduced charges: No foreclosure charges after the 12th EMI and no part-payment charges under the PQPL scheme terms.
- End-use flexibility: Funds may be used for weddings, travel, medical emergencies, home renovation, or other personal financial requirements.
2. CUB Consumer Loan
The CUB Consumer Loan is designed for financing household appliances and lifestyle-related consumer durable purchases.
- Purpose-based financing: Can be used for televisions, refrigerators, wet grinders, furniture, and similar household items.
- Loan amount: Maximum financing available up to Rs. 1.00 Lakh.
- Low margin requirement: Borrowers are required to contribute only 10% margin.
- Repayment flexibility: Loan tenure ranges from 36 to 60 months.
- Processing fee: Processing charge of 1.25% p.a., subject to a minimum of Rs. 1,000.
3. CUB Jewel Loan (Non-Agriculture)
The CUB Jewel Loan is a personal loan that offers quick funding against pledged gold ornaments for short-term personal financial requirements.
- Instant liquidity: Funds are provided against the pledge of eligible gold jewellery.
- Competitive interest rate: Interest rate starts from 9.50% p.a.
- Simple documentation: Basic KYC documents and a Demand Promissory Note are generally sufficient for processing.
- Low margin requirement: Operates with a margin requirement of approximately 10%.
- Flexible repayment: The repayment structure is designed to help borrowers manage temporary liquidity requirements efficiently.
City Union Bank Personal Loan Interest Rate, Fees & Charges
City Union Bank personal loan charges vary by loan type, scheme, and borrower profile. Borrowers should verify the latest applicable interest rates and charges with CUB before applying.
| Charge Category | Applicable Fee / Rate |
| CUB Personal Loan Interest Rate | Starting from 11% p.a. |
| Interest Rate for Jewel Loan (Non-Agricultural) | Starting from 9.50% p.a. |
| Processing Fee | Up to 2% of the loan amount |
| EMI Bounce Charges | Rs. 500 per dishonour |
| Penal Charges for Delay | 5% p.a. on the overdue amount |
| Part Payment Charges | 3% on the paid amount for certain unsecured loan categories |
| Processing Fee Refund | Non-refundable |
City Union Bank Personal Loan EMI Calculator
The Bank offers a personal loan EMI calculator that helps borrowers estimate their monthly repayment amount before applying for a loan.
Your Amortization Schedule (Yearly/Monthly)
Steps to use the EMI calculator:
- Visit the official City Union Bank website.
- Go to the relevant loan product page, such as Consumer Loan.
- Select or open the EMI Calculator.
- Enter the required loan amount.
- Add the applicable interest rate.
- Choose the repayment tenor in months or years.
- Review the estimated EMI amount.
Borrowers can use the EMI calculator to compare affordability before submitting a City Union Bank personal loan application. A lower loan amount or longer repayment tenor may reduce the monthly EMI, but the overall interest payable may increase.
City Union Bank Personal Loan Eligibility Criteria
A personal loan eligibility depends on the loan product, applicant profile, repayment capacity, and available security. Here are the CUB personal loan eligibility criteria:
- Salaried employees: The maximum eligible loan amount may be based on up to 10 months’ net take-home pay.
- Self-employed or non-salaried applicants: The maximum eligible loan may be capped at 50% of the gross annual income declared in the latest Income Tax Return (ITR).
- Consumer Loan applicants: Applicants must satisfy the bank’s income and repayment capacity requirements for purchase-based financing.
- Jewel Loan applicants: Eligible gold ornaments must be pledged as security.
- Pre-qualified loan applicants: Applicants must satisfy City Union Bank’s internal pre-qualification norms.
- Existing CUB customers: Existing relationship holders may experience a smoother application process if records are already available with the bank.
Get Personal Loan Online Up to ₹15 Lakhs
By entering your number, you're agreeing to Terms & Conditions & Privacy Policy.
Documents Required for City Union Bank Personal Loan
Applicants should keep their identity, address, employment, income, and security-related documents ready before applying.
- Identity proof: Aadhaar Card, PAN Card, Passport, Voter ID, or Driving Licence.
- Address proof: Latest electricity bill, telephone bill not older than 2 months, or recent bank account statement.
- Employment proof: Employer ID card or employer-issued letter.
- Income proof: Latest Income Tax Returns for self-employed applicants or other income documents as required by the bank.
- Loan security documents: Demand Promissory Note and related security documents for jewel loans, where applicable.
- Additional documents: Any additional documents requested by City Union Bank during loan appraisal and verification.
Application Process for City Union Bank Personal Loan
The City Union Bank personal loan application process can begin online or through a nearby branch, depending on the selected loan product.
- Choose the loan type: Select Consumer Loan, Jewel Loan, or Pre-Qualified Personal Loan based on your requirement.
- Check eligibility: Review the applicable income, repayment, and security requirements.
- Estimate EMI: Use the EMI Calculator to understand the estimated monthly repayment amount.
- Start the application: Visit the nearest CUB branch or use the online “Apply Now” option, if available.
- Submit documents: Provide the required identity, address, income, and security-related documents.
- Bank appraisal: City Union Bank evaluates the application, repayment capacity, and submitted documents.
- Loan approval and disbursal: Upon approval, the loan amount is disbursed after deducting applicable charges and fees.
For faster processing, applicants should keep their KYC documents, income proof, and bank account details ready before starting the application process.
Get Personal Loan Online Up to ₹15 Lakhs
By entering your number, you're agreeing to Terms & Conditions & Privacy Policy.
City Union Bank Personal Loan Repayment
City Union Bank personal loan repayment terms vary depending on the selected loan product and borrower profile.
- Consumer Loan tenor: Repayment period ranges from 36 to 60 months.
- Repayment mode: Repayments are generally made through Auto Debit, ECS, NEFT, or other bank-approved repayment instructions.
- Late payment charge: Penal charges of 5% p.a. apply on overdue amounts.
- EMI bounce charge: Rs. 500 is charged for each dishonoured payment instruction.
- Part payment: Certain unsecured personal loan categories may allow part payment with a 3% charge on the prepaid amount.
- Restriction: Part payment may not be permitted during the first 12 months for some unsecured loan categories.
Borrowers should choose an EMI amount that comfortably fits their monthly income to avoid overdue penalties and bounce charges.
City Union Bank Personal Loan Customer Care
Customers can contact City Union Bank for loan enquiries, application support, repayment assistance, and clarification regarding charges or eligibility.
| Channel | Contact Information |
| Domestic Helpline | 1800 120 5000 |
| International Helpline | 044 7122 5000 |
| Email Support | customercare@cityunionbank.in |
| Virtual Assistant | Lakshmi chatbot on the official CUB website |
| Branch Support | Visit the nearest City Union Bank branch |
For product-specific queries, borrowers should contact City Union Bank directly to verify the latest interest rates, applicable charges, and documentation requirements.
Summary and Key Insights
City Union Bank personal loan products are suitable for borrowers seeking structured financing for personal expenses, consumer purchases, or gold-backed liquidity.
- CUB offers Consumer Loan, Jewel Loan, and Pre-Qualified Personal Loan options.
- The CUB Consumer Loan is designed for consumer durable purchases and offers repayment tenors from 36 to 60 months.
- The Non-Agri Jewel Loan starts at 9.50% interest and allows borrowers to access funds against pledged gold ornaments.
- Applicants should carefully review processing fees, penal charges, and EMI bounce charges before applying.
- Salaried and self-employed applicants have different eligibility criteria based on income and repayment capacity.
- Existing CUB customers may receive access to pre-qualified loan offers, subject to the bank’s internal assessment.
- Borrowers should always verify the latest City Union Bank personal loan interest rates and charges before submitting an application.
Download the Buddy Loan App Now!
One solution to each of your financial needs at your fingertip.
Scan to download now
