Central Bank of India Personal Loan Balance Transfer
Central Bank of India, established in 1911 and headquartered in Mumbai, offers this personal loan balance transfer product at a floating interest rate of 11.25% to 11.75%, with a processing fee of 1%, for amounts up to ₹20 lakh over tenures of up to 84 months.
The bank's product page lists loan "takeover" — balance transfer — as a covered purpose alongside personal and domestic expenses, offered under the same Cent Personal scheme and rate schedule. Processing fee minimum/maximum amount, prepayment penalty, minimum loan amount, minimum tenure, minimum CIBIL score, applicant age, minimum salary, employment type, and documentation requirements are not published for this product.
Eligibility
Loan terms
- Product page explicitly lists "Takeover" as a covered loan purpose alongside personal/domestic expenses, under the same Cent Personal scheme and rate schedule
Documents
- PAN and Aadhaar
- Income proof (salary slips or ITR)
- Bank statement
Fees & charges
FAQ
Every row is date-stamped with the day we last checked it, and links to the lender’s published material so you can confirm it yourself. A row we confirmed against the source reads “Verified”; one we could only sight reads “as of”, and is not presented as confirmed. Anything we have not re-checked in 60 days is marked “rate under review” rather than left to look current. We do not claim a fixed re-checking cycle — the date on each row is the honest answer.
No. Viewing rates is not a credit enquiry and has no score impact. A hard enquiry happens only when you formally apply to a lender.