To meet personal / domestic expenses
Permanent Employees of Railways, Government institutions, Central and State Government, Schools, Hospitals, Municipal Bodies etc .having completed ONE year of service
Confirmed/ Permanent employees of Indian/multinational Companies having completed minimum THREE years of service.
Quantum of loan:
Twenty times of gross salary subject to maximum of Rs.10,00,000/- and minimum net take home pay of 40% of gross salary after taking into consideration payment of statutory dues, repayment of various loans including the instalment of proposed loan.
Rate of Interest:
MCLR(12m) + 3.00%
48 equated monthly Instalments.
Rs.500.00 + S.T