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| For Housing Repairs, Renovations, Medical Expenses, Marriage, Ceremonial Expenses, Repayment of Debts, Other Reasons/Purposes acceptable to Bank etc. |
| You can avail a loan of up to Rs. 3.00 Lacs |
| 1. |
Loan Limit : is maximum Upto Rs. 3.00 Lacs. |
| 2. |
Repayment : 3 Yrs |
| 3. |
No Pre-payment Penalty. |
| 4. |
Rate of Interest : 14 % |
| 4.1 |
Rate of Interest (Staff) : 9 % |
| 5. |
Service Charges : are Applicable from time to time. |
| 6. |
Margin : is Applicable from time to time. |
| 1. |
For Salaried Persons : |
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i. Employees of reputed and financially sound organization. |
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ii. Minimum Gross take home salary of INR.15,000/- per month and Confirmed service for at least one year. |
| 2. |
For businessmen & Professionals : |
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Business should have establishment of minimum of three years. |
| 3. |
Co-Applicant : |
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Spouse /parents of the applicant can be taken if required. |
| 1. |
Duly filled form with : |
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i. Income Proof of Applicant(s) & Guarantor(s) |
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ii. Residential Proof of Applicant(s) & Guarantor(s) |
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iii. PAN Card of Applicant(s) & Guarantor(s) |
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iv. KYC of Applicant(s) & Guarantor(s) |
| 2. |
No Prime Security |
| 3. |
Two Acceptable Guarantors and Security holders to be also taken as guarantors. |
| 4. |
Other Charges : One Upfront EMI, Franking Charges, etc |
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