Aspects

• Hassle-free Loan Processing
• Free to use the funds for any purpose.
• Maximum loan limit is up to Rs.1 Lacs.
• Maximum loan tenure of two years is allotted.
• Pre-Payment Penalty : 3% Penalty charges.
• No margin amount.

ROI & Handling Charges

• Rate of Interest is 16.5%. on two personal Surities.16% on collateral security
• Service Charges : Half Yearly & Yearly.
• Processing Fees : 0.5%

Eligibility

• Salaried Individual, having a regular monthly income of Rs.10,000+
• Businessmen
• Self - employed
• Professionals having regular source of income
• Age : 18 to 60  years

Documentation & Security

• In case of new customer, applicant & guarantors need to open savings / current account.
• Duly filled form with :
  • Income Proof of Applicant.
  • Aadhar Card of Applicant & Guarantors
  • PAN Card of Applicant.
• 2  years of ITR
• Employer (salary slip of 3 months) and 2 years form16 from employers
• Two Acceptable Guarantors.

Share Holding.

• 5% on Loan Amount