Personal Loan

Purpose

For purchase of T.V., Fridge, Two wheeler & all consumer durable items

Eligibility

Salaried person & Self-professionals

Loan Limit

Maximum Rs. 1 lacs

Margin

Up to Rs 5000 Nil
Above Rs 5000, 10%

Repayment Schedule

Maximum 36 Months

Guarantors

Two

Security

Hypothecation of Article purchased

Purpose

Repayment of old Debts, Ceremonial, Medical Expenses, Tourism Loans. etc., any other purpose acceptable to Bank

Eligibility

Any Individual

Loan Limit

Maximum Rs. 5 lacs

Repayment Schedule

Maximum upto 60 months.

Guarantors

Minimum Two

Security

Group Insurance in the name of borrower/co-borrower equivalent to loan amount