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