Purpose :

1. Purchase of Consumer Durables / Furniture / Fixtures / Computers
2. Repairs / Renovations of Flat / House
3. Purchase of 2 wheelers
4. Purchase of Gold Ornaments
5. Marriage & other religious ceremonies
6. Domestic / Foreign Tours & Travels
7. Repayment of existing debt
8. Takeover of personal loan from other banks
9. Medical expenses for self / family members etc.

Eligibility : Salaried Persons :

Maximum Amount: Rs.3.00 Lakh

Repayment : Upto 60 installments

Rate of Interest : Kindly refer Interest Rate Chart

Sureties :
(A) Employees of Limited companies / Large organizations / Govt. Employees :
With SDL / ECS facility :
upto Rs.1.00 Lakh One Surety with Net Salary of Rs.7,000/- and above
Above Rs.1.00 Lakh to Rs. 3.00 Lakh Two Sureties with Net Salary of Rs. 6,000/- and above
Without SDL / ECS facility :
upto Rs.50,000/- One Surety with net salary of Rs.7,000/- and above
Above Rs.50,000/- to Rs.2,00,000/- Two Sureties with net salary of Rs.6,000/- and above

(B) Persons employed in reputed companies / organizations :
Upto Rs.25,000/- One Surety with net salary of Rs.7,000/- and above
Above Rs.25,000/- upto Rs.2,00,000/- Two Surety with net salary of Rs.6,000/- and above

(C) If the borrower is a businessman and employees of other organization with good repaying capacity and owning a house :
Two sureties with net salary of Rs.6,000/- and above.
Service Charges : 1.2% of amount sanctioned
Share Amount : 1% of the amount sanctioned subject to min. Rs.1,000/-