Personal Loan

• Purpose :
  For Repairs, Renovation of house, Furniture Purchase / consumer durables purchase
  
• Eligibility :
  Salaried Employees / Businessmen having regular source of income
  Maximum Rs. 5.00 Lakh
• Repayment :
  Maximum 5 years.
• Rate of Interest :
  13%
• Guarantee :
  One competent guarantors acceptable to bank.
• Processing Charges :
  0.5% of the loan amount applied.
• Shareholding :
  5.00 -2.50% of loan amount (secured)
  5.00-5.00% of loan amount(unsecured)
• Documents Required :
  I. KYC of applicant &guarantor
  II.  In case of salaried person, salary slip for last 3 months and bank statement for last 6 months,
  III.  In case of businessman, last 3 years profit & loss, balance sheet, ITR copies of last 3 years and bank statement of      business account for last 6 months
  IV.  Declaration regarding endues of loan.