PERSONAL LOAN

PURPOSE

Loan for Purchase of consumer durables and to meet urgent seasonal personal expenses

ELIGIBILITY
  1. Person Employed with State Govt./ Central Govt./PSU/ Reputed Pvt Sector Companies who have completed 1 yrs of service
  2. Income: Minimum Net Salary - ₹ 6000/- p.m
  3. Minimum Balance in the Period of Serive - 2 years
LOAN AMOUNT

Minimum ₹ 24,000/- Max ₹ 20 Lakh or 24 times of NMI, whichever is less

MARGIN NIL
INTEREST RATE

As prescribed by the Bank, Interest will be applied on monthly compounding basis