Loans
Personal Loan
Aspects
- Hassle-free Loan Processing
- Free to use the funds for any purpose.
- Maximum loan limit is up to Rs. 10 Lacs.
- Maximum loan tenure of 3 to 5 years.
- No need to provide collateral against the loan.
- No margin amount.
ROI & Handling Charges
- Rate of Interest is 15%.
- No Service Charges
- Processing Fees as per rule.
Eligibility
- Salaried Individual, having a regular monthly income of Rs.10,000+
- Businessmen
- Self – employed
- Professionals having regular source of income
- Age : 18 to 55 years
Documentation & Security
- In case of new customer, applicant & guarantors need to open savings / current account.
- Duly filled form with :
- Income Proof of Applicant & Guarantors
- Residential Proof of Applicant & Guarantors
- PAN Card of Applicant & Guarantors
- KYC of Applicant & Guarantors
- 3 years of ITR
- Employer (salary slip of 3 months) and income verification
- Two Acceptable Guarantors.
- No Prime Security
Share Holdings
- Applicant should be regular member of the society.
- Two Guarantors are necessary.