Personal Loan

Personal Loan is available upto Rs. 1,00,000/- to meet with the expenses of social, religious occasion, medical treatment, minor repairs to property etc.

Applicant Details :

Applicant’s last two years Income tax Return / Payslip of last 3 months / Notarized income certificate for joint family.
Last tax bill / certificate from society chairman/Secretary if applicant owned property.
3 Photographs of Applicant.
Address proof – electric bill /telephone bill (any one) As per KYC norms
Photo proof – Pan card / Voter card / Driving license (Any one) As per KYC norms
Bank Statement of last 2 years
Applicant has to show all original documents to the bank for verification with zerox copy. Original documents will be returned to applicant after verification.
Applicant should have Savings Bank account with the bank.

Guarantor Details :

Photograph ( 2 Copies )
Last tax bill
Last income tax return copy
Address proof – electric bill /telephone bill (any one)
Photo proof – Pan card / Voter card / Driving license (Any one)

Notes :

One guarantor required for personal loan up to Rs. 50000/-
Two guarantors required for personal loan above Rs. 50000/- and upto Rs. 1,00,000/-

Conditions :

Loan amount is to be repaid with interest within 48 monthly instalments.
Applicant has to take share of bank @ 2% of the limit.