We have made the Social Charter an integral part of our corporate culture, with community prosperity central to our business growth. In an effort to transform the quality of life of our customers, we have developed customized loans for purchase of home and personal use appliances in addition to business loans.

Our customers can easily avail these and fulfill their requirements.

Feature

Salient Features

Ticket Size: 5,000 – 100,000
Loan Tenure: 1 Year
Interest Rate: Will be applicable as per extant rates as advised by ALCO
Nature of Interest Rate: Diminishing
SMS Alerts: Available at time of disbursement, and installment payment
Note: Loan features may vary depending on geography to manage risk.

Charges

Processing Fee: Up to 1.75% plus Service charge prescribed by Government
Life Insurance (Credit Shield): Available - rates applicable to the insurance scheme
Late repayment and prepayment - No charge

Basic Features

Eligibility Criteria

Age Limit: 18 – 65 years
Domicile Status: Own / Rented with Minimum 1 Year of stay
Co-applicant/guarantor required
Nominee Required
Eligibility criteria may vary depending on geography to manage risk.
Show Income Mandatory

Pre-sanction Document List

Photograph
Valid KYC – Preferably: Aadhaar card, Pan Card, Bank Passbook

Co-Applicant

Aadhar Card, Pan Card, Photograph

Credit Assessment

AML / Credit Bureau verification
KYC Verification

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