| Purpose |
: |
Domestic needs, religious functions, medical treatment etc. |
| Eligibility |
: |
Salaried Employees / Businessmen / Professionals |
| Limit of loan |
: |
Loan amount not more than 6 times of gross salary or 12 Times of net Salary or Rs. 3 Lacs which ever is lower |
| Repayment Period |
: |
Maximum period 5 Years |
| Rate of Interest |
: |
15.00% P. A. |
| Processing fees |
: |
Processing charges of 1% of loan applied to be paid upfront |
| Shareholding |
: |
Share money of 5 % of the loan be taken. |
