• To meet personal expenses such as marriage, purchase of consumer durables, travel, holiday, etc.

• Non-salaried individuals having regular source of income**.
• Minimum age of the applicant should be 25 years.
• Maximum permissible age at the end of repayment to be 75 years. This is subject to assessment at the time of sanction the adequacy of income to meet repayment obligation till the age of 75 years.
• Applicant should be customer of our Bank for at least 24 months prior to considering the loan proposal.
• Applicant should necessarily maintain savings or current account with us with average quarterly balance of Rs.25000 & above for immediately preceding 4 quarters and conduct of account should be satisfactory, i.e. no cheque returns for financial reasons, no adverse feature reported etc.

• Term Loan

• Minimum Amount – No limit
• Maximum: subject to repayment capacity, maximum quantum of loan per individual is as under:
  • New/first time borrowers - Rs.5.00 lakh
  • Existing borrowers with a satisfactory repayment record of 2 years - Rs.15.00 lakh

• Nil

• Please click here to know our latest interest rates.

• The maximum repayment period will be earlier of the following two:
  • 5 years (60 months)
  • Up to the age of 75 years

• No security, subject to the condition that Spouse of the applicant must join as co-applicant.

• In case borrower is single/widow/divorcee, then guarantee of a person having means equivalent to the loan amount.

• Proof of identity (any of the following)
  1. Passport
  2. PAN Card
  3. Employee identity card
  4. Any other valid proof
• Proof of address (any of the following)
  1. Electricity bill
  2. Telephone bill
  3. Aadhar
  4. Any other valid proof
• PAN Card.
• Proof of income
  1. Last three years  ITR
• 2 photographs
• Proof of out-goes
  1. Loan repayment statement, if any
  2. LIC Policies, if any
  3. Valid proof of any other out-go

Any other document required as per the application form.