Purpose |
General purpose for purchase of consumer durables, marriage, family function, medical, travel expenses etc except for speculative activities. |
Eligibility |
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 |
|
Margin |
NIL |
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. |