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What is highest limit of bank to give loan without any security of any kind?

What is the highest limit of banks to give loans without any security of any kind?

Guidelines show that loan taken up to Rs. 4 lakhs does not require collateral security. It is only when the loan exceeds a specified amount as set by the bank that collateral will be required as well as third-party guarantee.

Both salaried and self-employed individuals can apply for unsecured loans. You can avail a loan amount of up to Rs. 25 lakhs.

The highest limit of bank to give loan without any security of any kind is Upto Rs 4 lakhs According to guidelines .

As per the guidelines set by the bank , if a bank gives loan upto 4 lacs , then there is no collateral security required on such loan.
If the loan amount exceeds 4 lacs or limit specified by bank then only collateral security is required by banks.

Since personal loans are unsecured, banks look at income flow, cash, strength or stability of business before sanctioning loan.

What is highest limit of bank to give loan without any security of any kind?

The highest limit of bank to give loan without any security is upto four lakh rupees bank can give loan upto four lakh only without any collateral security.