Public Personal Loan(Check-off)


Personal loan is granted for family function, marriage/medical treatment/education/ or any other general purpose except for speculative activities.


Permanent employees of the State/Central Government and PSUs, Corporations, Private Sector Companies, Reputed Establishments, Schools & Colleges with a minimum service of 2 years and drawing a net monthly salary of Rs. 5000/- and above and whose salaries are being credited to Employee’s accounts with our Bank or where the Drawing and Disbursing Officers consents in writing to provide check-off facility.

Check-off facility Check-off facility is a facility by which the employer of the borrower agrees to deduct the installment amount from his/her salary and remit the same directly to the Bank (lender).
Loan given under Post Dated Cheques will not be considered as
check-off facilit

Quantum of Loan

  • Minimum: Rs. 10,000/-.
  • Maximum: 24 times of Net Monthly Income (NMI) subject to maximum
    loan amount of Rs.15.00 lakh
  • Equated Monthly Installment (EMI) of this loan should not exceed 50% of Net Monthly Income (NMI).



Interest Rate 

As per Bank's guidelines.