Shopin

Personal Loan

  • PURPOSE
    • Purchase of Consumer durables and furniture/ fixture/ computers
    • Repairs / renovation of flat / house
    • Marriage & other religious ceremonies
    • Domestic / Foreign tours & travels
    • Repayment of existing debt
    • Clubs, Association, ( only if registered) 
    • Medical expenses for self / family members
    • For any purpose which is acceptable to bank .
    MAX. AMOUNT
    Rs. 5.00 lakh *
    (* condition apply)

    ELIGIBLITY Permanent Salaried employees For Businessmen / Self-Employed / Professionals Minimum Take Home Income/Salary after EMI amount:- Rs. 8,000/- p.m.

    REPAYMENT Upto 84 EMI ( No Holiday Period)

    RATE OF INTEREST Click here

    MARGIN Nil

    MEMBERSHIP

    For Applicant :-

    • Upto Rs. 1.00 lakh – Nominal Membership Rs.100/-
    • Above Rs. 1.00 lakh – 5% of Loan amount

    For Sureties: Nominal Membership, Rs.100/- each.

    SURETIES

    One Surety with Net Take Home Salary/income of Rs.12000/-p.m. OR Two Sureties with Net take home salary/income of Rs.7000/-

    PRIME SECURITY Nil

    COLLATERAL SECURITY Collateral security in the form of LIP / NSC / KVP / FDR, if available.

    SERVICE CHARGES
    1.15% of sanctioned limit + GST.

    DOCUMENT REQUIRED
    • Latest photograph, Photo Identity Proof, Pan Card Copy, Residence Proof of the Applicant And Guarantors,
    • In case of salaried person , salary slip for last 3 months and Bank statement for last 6 months, Form no-16-A & IT Return for last 3 years.
    • In case of Businessman, last 2 years financial statement along with ITR copy and Bank statement for business account for last 1 years.