Personal Loan

Up to 0.50 lakhs: Nil
Above 0.50 lakhs: 5% of loan amount in the form of Fixed Deposit/National Saving
Certificate/LIC/Kisan Vikas Patra.
Share subscription as applicable

Multi Purpose Needs - Genuine Justifiable Purpose.

"Conditions Apply. Loan at sole discretion of the Bank." SMS 'Loan' to 70659 66665

Repayment Tenure: Maximum 60 months

Margin : Not Applicable

Maximum Loan Amount Limit : 5 Lakhs

Eligibility

Salaried Persons:- With minimum past 1 year of confirmed service.

Non-Salaried Persons:- Self employed person with profit earning for at least past 12 months.

Security : 5% of loan amount in the form of FDR/ LIP (SV)/ NSC (FV)/ KVP (FV)

Guarantors :

Loan upto Rs.1.00 lac - One Guarantor

Loan above Rs.1.00 lac - Two Guarantors

Subscription to Bank's Share - Membership:

Loan upto Rs.1 lakh - A - Class Membership of Rs.1000/-

Loan above Rs.1 lakh - 5.00% of loan amount

Processing fee : 0.70% of Loan Amount

1. Loan Application Form in prescribed format.

2. One passport size photograph(KYC Documents).

3. Address Proof.

4. Identity Proof.

5. Salary/Income details.

6. Net worth forms .

7. Any other documents required by the Bank.