|
Purpose |
For
purchase of Electronic Appliances /Consumer Durables / Furniture &
Fixtures /
Two Wheelers etc |
| Eligibility |
Salaried / Self Employed /
Businessman |
|
Loan Amount |
Maximum Rs. 2.00 lacs |
| Repayment |
Maximum 5 years |
| Rate of
Interest |
|
Floating |
| |
When
Salary Deduction is available |
15.35% |
| |
When
Salary Deduction is not available |
16.85% |
| Service Charges |
Flat
Processing Fees Rs. 750/- |
| Guarantee / Surety |
Personal Guarantee of 1 / 2
persons |
| Pre
payment |
No penalty for pre-payment |
| Documents Required |
-
Income
Proof of Applicant(s) &
Guarantor(s)
-
Residential Proof of Applicant(s) & Guarantor(s)
-
Original Quotation / Invoice etc
|
|
First Installment at the
time of disbursement |
