Who can Borrow | Individuals (Singly/ Jointly) |
---|---|
Purpose | Education/Profession/House repairs/Business upto 50000/- with 2 sureties. |
Limit | Maximum limit 3 Lakhs(Salaried) |
Security | For Share holders of the Bank only. |
Repayment Period | Repayable in Maximum 60 Months EMI at 16% P A. |
Legal & Documentation Charges | On Actual Basis |
Prerequisites | Both applicant and sureties should have proven source of Income acceptable to the Bank. |