Eligibility:
Permanent confirmed employees of Central/ State Govt., Public Sector Undertakings (State/ Central), Autonomous Bodies & Institutions having at least three years of active remaining service preferably whose salary accounts/saving bank accounts are maintained by our branches or whose salary accounts are maintained with other bank.
Purpose:
For any personal need or to meet any unexpected expenditure.
Amount of Loan:
30 months gross salary or Rs.7.00 Lakh whichever is lower. Latest Salary Certificate of the applicant/ employee is required.
Security:
Third party guarantee of one person having financial net means good for the loan amount.
Repayment:
84 equal monthly installments OR remaining period of service, whichever is lower.
Processing Charges:
0.50% of the loan amount.
* Conditions Apply