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Eligibility

Individual member of the bank who is a salaried person

Purpose

For personal exigencies, House repairs, Deposit for acquiring house on rental basis, marriage in the family, medical/hospitalization expenses

Amount

10 Times of Net Monthly Salary/Income - Maximum Rs.2.00 lacs - Total deductions including instalment for the loan shall not exceed 50% of Net Salary/Income.

Margin

As per Banks Guidelines*

Repayment

Maximum 48 equated installments

Rate of Interest

Interest will be applicable as per the Bank's prevailing Interest rates and scheme terms. click here