Pleasure Travel Loan

 

Scheme

"Pleasure Travel" Loan Scheme

Purpose

To meet the expenditure of traveling in India or Abroad.

 

Eligibility

Permanent employee of reputed companies or Government or Semi Government organizations OR Professionals OR Businessman having good repayment capacity with requisite income proof to ascertain the repayment capacity.

Margin

Nil

Repayment Schedule

24 months maximum.

Guarantors

One Guarantor.

Security

Group Insurance in the name of borrower equivalent to loan amount.

Interest Rates

• 14% for Salaried People.

• 14.50% for Others.

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