Purpose

For any genuine personal credit requirement.

Eligibility Criteria

1. a. Salary/ Pension account must be with our Bank.
2. b. Age limit of the borrower to be as under-:

Minimum Entry Age:21 years

Maximum age for repayment (exit age):

1.                                     (i) Salaried Class : 60 years
2.                                     (ii) Pensioners : 70 years

Quantum of Finance

1. 1. Salaried Class:

1.       i. Permanent Govt. Employees/PSU Employees/ Employees of MNC / Employees of approved Education Institute: up to 18 times monthly net salary Or, Rs. 10.00 lakh, whichever is less.
2.      ii. Permanent Employees of other private institutions: up to 18 times monthly net salary Or, Rs. 5.00 lakh, whichever is less.

2. 2. Pensioners up to the age of 65 years: up to 15 times monthly net pension Or, Rs. 3.00 lakh, whichever is less.
3. 3. Pensioners above the age of 65 years and up to age of 70 years: up to 10 times monthly net pension Or, Rs. 1.00 lakh, whichever is less.

Rate of Interest

Please click here For Rate of Interest

Guarantee

Guarantee of either Spouse or Major Children or Third Party.

Repayment

Maximum repayment period would be 72 months subject to the maximum age criterion, whichever is earlier.

Processing Charges

Please click here For Processing Charges

Documentation Charges

Actual Stamp/ Revenue expenses only

Inspection Charges

Nil

Prepayment Charges

Nil