Purpose: Personal expenses like marriage, education, social obligations etc.
Eligibility: Salaried account customer of bank & 2 years’ experience in same organization.
Loan Amount: Central/State govt. – 15 Lac / Others- 10 Lac
Facility: Term Loan
Interest Rate: Govt. employee – 10.50 % p.a. / others – 12.90 % p.a.
Repayment: Govt. – Maximum 84 EMI/ Others- Maximum 60 EMIion, social obligations etc.
Eligibility:
Salaried: Gross 8000/- p.m.
Non-Salaried: Gross Rs. 1 Lac p.a. as per ITR.
Age: Salaried: 21 to 55 years/ Non-Salaried: 21 to 60 years
Interest Rates: UCO Float Rate + 4.80% p.a.
Processing Fees & Charges: 1% of the loan amount minimum Rs.750/-
Documents Required: As per Bank circular.
CIBIL: (New Customer it is 700)
