Untitled Document

Personal Loan Back

Purpose
Any personal or business purpose (including for Medical treatment, Marriage, business expansion etc.)

  • Eligibility
    • Applicants below the age of 60 years having assured/perennial source of income are eligible for the personal Loan.
  • Documents Required
    • KYC compliance
    • Income proof of the applicants, Certified copy of latest salary receipt for 3 months. (in case of salaried person)
    • Other relevant applicable documents.
  • Rate of Interest
  • Extent of Loan
  • Maximum upto Rs 5,00,000/- subject to repayment capacity of applicant.
  • Repayment
    • Entire loan to be repaid within maximum period of 5 years in 60 equated monthly installments.
  • Security
    • The Loan shall be guaranteed by two guarantors with adequate means / net worth.
    • Post dated cheques towards repayment of EMI
    • Undertaking from employer for deduction of EMI from salary payable(wherever applicable)
  • Condition
    • Processing / Scrutiny Charges : 1.15% of the loan amount or as per the sanctioned terms.
    • Share linking - Borrower will be required to purchase the shares of the Bank (as per sanction terms)
  • Other Conditions
    • Other terms and conditions as per Sanctioned Terms
Other Loans facilities

172, Shraddhanand Peth,
South Ambazari Road,
Nagpur-440010
-------------------------------
TELEPHONE
0712 - 2221120, 2221686
-------------------------------
MOBILE
+91 9158884855,
+91 9158884844, +91 9158884845