Personal Loan
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Cent Combo Scheme

Purpose :

For concession in Home Loan and Vehicle Loan if taken together

Eligibility:

The average annual income of the applicant of last two years as per I.T. Return should be minimum Rs. 4 lakh.

Quantum of loan

Minimum Home Loan amount should be Rs. 20 lakh.

Margin

  • 10% for loans up to Rs. 20 lakh for home loans and vehicle loans upto Rs.20 lakh. (combined loan amount max Rs.40 lakh)
  • 20% for home loans above Rs. 20 lakh & vehicle loans above Rs.20 lakh

Rate of Interest

Home Loan:

0.25% concession on all slabs subject to minimum MCLR.

Vehicle Loan:

0.50% concession on all slabs subject to minimum MCLR.

Processing Charges

0.25% of the entire loan amount, maximum Rs. 20,000 + tax

Net Take Home Pay

For borrowers with annual income up to Rs.5.00 lakh, the Net Take Home Pay/Income should not be less than 30% of Gross Monthly Salary/Income after including the income of the co-borrower/s. This can be relaxed up to 25% for borrowers with annual income above Rs.5.00 lakh but up to Rs.10.00 lakh and up to 20% for borrowers with annual income above Rs.10.00 lakh.

# All other terms and conditions of Cent Home Loan Scheme and Cent Vehicle Scheme shall remain unchanged while sanctioning loans under the "Combo" product except for the concessions mentioned/outlined above.

 

Loan type Forms
Application Form 1 for Loan of Rs.5 Crore to Rs.15 Crore Download Word Document Format
Download PDF Format
Application Form 2 for Loan of Rs.15 Crore to Rs.40 Crore Download Word Document Format
Download PDF Format
Application Form 3 for Loan of Rs.40 Crore and above Download Word Document Format
Download PDF Format
Standardised Common Loan Application Form for Agriculture Credit Download PDF Document Form
Common Application Form (Required for all loan schemes). Download Word Document Format
Download PDF Format
Cent Buy Download Word Document Format
Download PDF Format
Cent Computer Download Word Document Format
Download PDF Format
Cent Liquid Download Word Document Format
Download PDF Format
Cent Mortgage Download Word Document Format
Download PDF Format
Cent Trade Download Word Document Format
Download PDF Format
Cent Vyapari Download Word Document Format
Download PDF Format
Housing Loan Application Download Word Document Format
Download PDF Format
Cent Home Loan Plus Download Word Document Format
Download PDF Format
Cent Suvidha Download Word Document Format
Download PDF Format
Cent Vehicle Download Word Document Format
Download PDF Format
Cent Vidyarthi Download Word Document Format
Download PDF Format
Cent School Download Word Document Format
Download PDF Format
Teacher's Loan Download Word Document Format
Download PDF Format
Cent Rental Download Word Document Format
Download Word Document Format
Download PDF Format
Download PDF Format
Cent Doctor Download Word Document Format
Download PDF Format
Cent Swabhiman Download Word Document Format
Download PDF Format
Personal Loan for Pensioners Download Word Document Format
Download PDF Format
Personal Loan to Employees of Corporate Sector Download Word Document Format
Download PDF Format
Personal Loan to Employees of Non-Corporate Sector Download Word Document Format
Download PDF Format
Loan to LIC Agents Download Word Document Format
Download PDF Format
Loan to MSEs Download PDF Format
Cent Sahyog (form for upto 10 lakhs) Download PDF Format
Cent Sahyog (form for above 10 lakhs) Download PDF Format
Application for Agricultural Loans Download PDF Format

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