Public Personal Loan (non Check-off)


General purpose for purchase of consumer durables, marriage, family function, medical, travel expenses etc except for speculative activities.


Permanent Employee of the State/Central Government and PSUs, Corporations, Private Sector Companies, Reputed Establishments, Professional and Self Employed and other persons engaged in business/agriculture or allied activities having regular sources of income from verifiable sources with a minimum Net Monthly Income of Rs. 5,000 and above.

Minimum Service / Employment period : 2 (two) years.

Quantum of Loan

  • Minimum: Rs. 10,000/-.
  • Maximum: 18 times of Net Monthly Income without any upper limit for salaried person and with a maximum amount of Rs. 2,00,000/-
  • Equated Monthly Installment (EMI) of the loan should be below 50% of Net Monthly Income (NMI).



Mode of Payment Post Dated Cheques for the Repayment period or Standing Instruction (S.I.) from the borrower’s account with the Bank(s).

Interest Rate 

As per Bank's guidelines.