Personal Loans By American Express Bank
Personal loan is an unsecured loan If you wants a hassle free Personal loan and a loan who suit your needs American Express Bank offers you a Personal Loan,Here we compile the information about the personal loan for your convenience.The Features of Personal loan of American Express Bank are given below
Balance Transfer Facility
American Express allows you transfer outstandings on your existing loans/credit card balances and save up to 50% on interest costs. This facility lets you free up any collateral pledged against your earlier loans.
Eligibility Conditions for Personal loan
Personal Loans are available for doctors, engineers, chartered accountants, architects, the salaried, traders, businesspersons between 23 and 65 years of age (at loan maturity) and to companies and firms that have been in existence for at least two years.
Simple Documentations
American Express Personal Loans are available with minimal documentation. So do away with the lengthy forms, complicated legal agreements and apply for a Personal Loan.
Revolve Facility
The Revolving Loan (Revolve Facility) is an all-purpose loan that fulfils your dreams, year after year, by offering you an annual automatic ‘top-up’. At the end of each year your loan amount will be topped up to the original amount without additional paperwork. Each year your loan will be re-priced so that you can enjoy competitive rates at all times.
What’s more, with this kind of loan, there is no processing fees for additional amounts for as long as you enjoy this facility. You can borrow up to Rs.11.75 lakhs for as long as 48 months, without any collateral, security or guarantor.
The American Express Pre-approved Personal Loan
As an American Express Cardmember, you are entitled to a host of exclusive benefits available to only a select few around the world.
For you, American Express away with the need to fill up lengthy forms, attach supporting documents, and execute numerous legal documents. You could get a Pre-approved loan of up to Rs.3 lakhs for 36 months* if you have been an American Express Charge Cardmember for over 12 months