
Salary Loan
1 | Eligible persons | Permanent employees of the State / Central Government / Quasi-Government or Public Sector Undertakings and Government approved / aided educational institutions. |
2 | Age | Above 18 years. |
3 | Loan Amount. | Maximum Loan Rs. 300000/- |
4 | Loan Term | 60 Months. |
5 | Rate of interest | 11.00 Interest charged on monthly reducing basis. |
6 | Documents Required. | Completed Loan Application |
Applicant should be employed with in the area of operation of the bank. | ||
Two personal securities – Employee of the same organization – acceptable to bank as guarantor. | ||
Identity Card Issued by the employer. |