Personal Loan

Purpose
  • Any purpose other than speculative or forbidden by law.
Who can Benefit this Loan
  • Any Account Holder who is Businessman / Professional with repaying capacity
Eligibility
  • An employee of Government, Semi Govt, Public Sector Undertakings, Listed Companies, reputed Private entrepreneurs, companies etc.
  • House property to be owned by applicant or his family members.
  • Applicant should be in business or self employed
  • Running the business in profit
Loan Amount
  • Up to Rs.500000/-.
Guarantor
  • Two Solvent guarantors other than family members with sufficient income and net worth.
Security
  • NA
Repayment Payment
  • Maximum 5 years.
  • Up to 6 months prior to retirement date, whichever is earlier.
Documents
  • Loan Application form
  • For Salaried customers salary Slip
  • Last three years Income proof of Borrower & Guarantors
  • KYC of borrower and Guarantors
  • Statement of Annual turnover of accounts with other financial institutions.
  • Last 3 years IT return copy
Positive points
  • No Prepayment charges
  • No Pre Closure Charges
  • No Collateral Security
  • Repayment EMI at monthly rest
** FOR MORE DETAILS INFORMATION CONTACT TO YOUR NEAREST BRANCH **