Online Banking     
Eligibility Criteria : 
  • Any salaried persons / Professionals -  Self Employed / Retailers.
  • The purpose considered are, social cause / small repairs of property / Child education etc.
  • Loan granted up-to 5 times of the net monthly income of the applicant/s Or Rs.2 lacs which ever is less.
  • Minimum two personal guarantees having income / asset expectable to the Bank.    
Effective Rate of Interest : 14% *
Processing Charges :   Nil
Pre-payment Charges : Nil
Share Money Contribution : 5 % of the Loan Sanctioned.
Tenure For Repayment : Maximum up-to 40 months.
How to apply :
An application in Bank’s Prescribed Form duly filled up having been affixed with the Photographs of  the applicant/s and guarantors along with their signatures to be supported by the papers / documents detailed as under.
For the Applicant/s.
  • Photo I.D.
  • Income Proof.
  • Residential Address Proof.
  • Proof  of Immovable Property if owned by the applicant.
  • Bank A/c Statement for the last six months.
  • Statement of A/c for Loan / Advance facility availed from other Bank / F.I.
  • A letter of undertaking from the employer to deduct of EMI from salary in case of salaried person if agreed by their Employers.
For the Guarantors.
  • Photo I.D.
  • Income Proof.
  • Residential Address Proof.
  • Proof  of Immovable Property if owned in their name.
Note :
Other supportive papers/documents/proofs to be produced, if further needed and asked by the Bank.
* Conditions applied.