Co-obligation of one worthy person, having sufficient Net worth (attachable assets) and income.
EM of landed property valued at least 200% of loan amount.
EM property should be non-agricultural Wherever the value of property is less than 200%, additional collateral security like LIC policies with sufficient surrender value, term deposits of our bank, etc. may be produced
Above Rs. 5,00,000/-
Co-obligation of a worthy person
EM of landed property valued at least 200% of loan amount.
EM property should be non-agricultural Where ever the value of property is less than 200%, additional collateral security like LIC policies with sufficient surrender value, term deposits of our bank, etc. may be produced
Relaxation in security norms may be permitted in the case of permanent employees of Central/State Govt.,Reputed Public Sector Undertakings, Reputed Companies,Teachers & Staff of Govt. /Aided Schools, Colleges, Local Bodies; subject to conditions.
Loan amount should be repaid within a maximum period of 7 years in EMIs
Loan to be liquidated before the date of retirement in the case of Salaried Class and shall be repaid in full before the borrower attains the age of 70 years in Other Categories.
Co-obligation of one worthy person, having sufficient Net worth (attachable assets) and income.
EM of landed property valued at least 200% of loan amount.
EM property should be non-agricultural Where ever the value of property is less than 200%, additional collateral security like LIC policies with sufficient surrender value, term deposits of our bank, etc. may be produced
Above Rs. 5,00,000/-
Co-obligation of a worthy person
EM of landed property valued at least 200% of loan amount.
EM property should be non-agricultural Wherever the value of property is less than 200%, additional collateral security like LIC policies with sufficient surrender value, term deposits of our bank, etc. may be produced
Relaxation in security norms may be permitted in the case of permanent employees of Central/State Govt.,Reputed Public Sector Undertakings, Reputed Companies,Teachers & Staff of Govt. /Aided Schools, Colleges, Local Bodies; subject to conditions.
Loan amount should be repaid within a maximum period of 7 years in EMIs
Loan to be liquidated before the date of retirement in the case of Salaried Class and shall be repaid in full before the borrower attains the age of 70 years in Other Categories.
RECURRING DEPOSIT