Personal Finance & Term Finance

Loan available under this scheme is for

• Social obligation e.g. marriage, party, short term borrowing, personal purpose.
• Family holidays, medical treatment.
• Education Loan.

Loan Amount
Minimum of Rs. 1,00,000.00 to maximum of Rs. 5,75,00,000.00 This is relaxable with acceptable security or according to company's credit policy.

Tenure
Any period between 1 to 3 years.

Interest Rate
17% (in diminishing balance)

Security
As per company rules.

Processing Fee
One time service charge (non-refundable) 1% on the loan amount.

Mode of Re-payment
Monthly and quarterly installments.

Documentation Required

• Certified copy of place of business, employment / resident.
• Recent passport size photograph.
• Citizenship
• If employed, salary certificates from the employer stating the employment record and tenure of service.
• Certified source of income.
• Third party personal or corporate guarantees.
• Necessary security documents e.g. lal purja, tiro raceed, napi naksa, char killa pramanit chhithi, etc.