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PCL (Consumption Loan For Professionals And Businessmen) Loan Application Form

Eligibility:

1. Professionals like Doctors (MBBS/BDS etc.) Engineers/Architects, CAs, MBAs, ICWAs, & Lawyers.
2. Businessmen/Traders.


Purpose:

For any personal need or to meet any unexpected expenditure


Amount of Loan:

30 months net monthly income or Rs.5.00 lacs whichever is lower. (The income can be assessed/ verified from the latest Income Tax Assessment order or certificate from a Tehsildar/ qualified Chartered Accountant)

Margin:

NIL

Processing Charges

0.50% of loan amount

Repayment:

The loan along with interest thereon would be repayable in 60 equal monthly installments.


Security:

Third party guarantee of one person having sound financial net means good for the loan amount


Dealings with our Bank:

Minimum one year satisfactory dealings with our Bank in case of Businessmen/Traders only

* Conditions Apply