Cent Personal Loan Scheme


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.

  • Note: Loan to be sanctioned to all permanent employees only

Quantum of loan:

Minimum Gross Salary- Rs.1.80 Lakh p.a

Twenty four times of gross salary subject to  maximum of Rs.20,00,000/- and minimum  net take home pay 50%* of gross salary after taking into consideration payment of statutory dues, repayment of various  loans including the installment of proposed  loan is permitted

* 40% net take home pay is permitted only where employer’s undertaking is available.

Rate of Interest:

RBLR+CRP (3/3.20) =12.10/12.30% at present


84 equated monthly Installments.

Processing Fees:

1.00% of loan amount
For Defence Personnel: NIL


Up to Rs.2 lakh- Rs.270/- +GST
Above Rs.2 lakh- Rs.450/-+GST
For Defence Personnel: NIL