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Eligibility : |
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Rate Of Int :
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13.50% |
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Repayment Period :
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In EMI of 12 to 36 months as per capacity Wishes of the borrower. Total deduction including EMI not to exceed 60% of Salary.
Renewal of loans may be considered after 24 Months.
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Proposal Processing Charge:
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1% of Loan Amount.
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Margin :
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No Margin.
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Max & Min Loan:
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Minimum: 25,000
Maximum: 50,000 OR 15 months NMI Whichever is Less
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Moratotium : | |
Security : |
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Loan Upto Rs. 50,000/-
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One TPG acceptable to the Bank.
- Obtain 4 Advance Post dated cheques for Quarterly EMI.
- Irrevocable Letter of authority from borrower.
- Letter from employeer accepting borrower's authority letter for payment of salary through our bank.
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