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Personal Loans

Get what you want

today !

Meet life’s challenges in the most efficient way possible without depleting your resources. Our Personal Loan Scheme will help you meet the demands of life practically and efficiently.


The Essentials

  • Loans to fund any personal requirement you may have

  • Extremely competitive low interest rates

  • Easy and convenient application process

  • Quick loan approval



So many of your needs may seem beyond your reach, but a Personal Loan from Commercial Bank is the easiest way to have the lifestyle you have always wanted.

Benefits of a Commercial Bank Personal Loan

Top up facility - You can apply for a renewal of your Personal Loan, after repaying a part of the original Personal Loan obtained by you.

You have a choice of fixed or floating interest rates.

Your loan will be processed within a maximum of three working days, after submitting the loan application with all required documents.

You can talk to our loan officers for advice and guidance at any time before and during the repayment period of your loan.

Ability to apply via Online Banking  - If you are already registered for our Online Banking facility, now you can apply for Personal Loans online from where ever you are at a time convenient to you

You could obtain a Personal Loan for a variety of purposes,

  • Purchase of vehicles

  • Payment of credit card balances

  • Higher education for you or an immediate family member – locally or abroad

  • Fund weddings or other social functions

  • Purchase of computer / computer equipment

  • Purchase of household goods as in furniture, fittings, appliances etc..

  • Overseas travel, for business, leisure or education

  • Repairs or extensions to your home

  • Surgical and medical expenses

  • Payment of advance for house rentals

  • Settlement of an existing loan obtained from another financial institution or any other purpose, if proven acceptable to the Bank.


Loan amount

The maximum loan amount you can obtain is flexible, depending on your disposable income, repayment capacity and requirements.



You need to be a confirmed employee of an organization acceptable to the Bank with a minimum of one year in confirmed employment.

Your regular income should be directed to an account at Commercial Bank (which could be opened for this purpose) from which the monthly payments could be deducted.

You should be aged between 18 and 60 years.

Minimum salary or your regular monthly net income should be Rs 30,000/-, to apply for a Fixed Interest Personal Loan.


How to apply

You can visit a branch of your choice and discuss your requirement with an officer. He will guide you through the loan application process.  You can also download the application form by clicking the link given below.

Please fill the Loan application form and hand over to the branch with the required documentation. Remember to take your national identity card, driving license or passport if you are not an existing customer of the Bank. This is necessary for us to identify you.


Documents required

  • Duly completed Personal Loan application form

  • Employer’s letter of confirmation of employment

  • Employer’s undertaking to remit the salary to your Commercial Bank account

  • 03 most recent salary slips

  • Copy of a recent utility bill showing your name and permanent address


Repayment period

You have the option of choosing between an equated or a reducing balance payment schemes.

Repayment period for Fixed Interest Loans will be up to 5 years and for Floating Interest Loans it will be up to 7 years. The maximum repayment period will depend on your age and remaining years of service.

Terms & Conditions apply
Product information and terms & conditions are subject to change from time to time. Therefore, it is advisable to contact the branch nearest to you for the latest information and prevailing terms & conditions.

Loan Calculator >> 

Apply for a loan

Who can apply 

You need to be a confirmed employee of an organization acceptable to the Bank with a minimum of one year in confirmed employment.

How to apply

  • Download application form and submit the filled form to any Commercial Bank branch 
  • You can also visit a branch of your choice to apply for the loan

Apply now