Personal Loan

Purpose : Purchase of consumer durable, personal consumption expenditure etc.

Who are eligible ( Individuals, who are) :

  •  Members of the Bank
  •  Residing and employed within the area of operation of the Bank
  •  All Govt. employee or employee of Semi Govt. Dept./ Autonomous Bodies, Corporation, Board, where Govt. stake is involved or employee of certain approved educational/ medical institutions.

Loan amountRs. 5.00 lakh (maximum) subject to repayment capacity of the borrower.
SecurityNo security required, except third party guarantee of two share holders of bank.
Repayment60 EMI