| Eligibility |
Permanent Employees of Public/Private sector
companies of repute, Government employees, college lecturers, Businessmen/Professionals
& self employed. |
| Minimum
Loan Amount |
Rs.10000 |
| Maximum
Loan Amount |
Rs 200000 |
| Maximum
Tenure |
30 months |
| Interest
Rate |
17.34% |
| Effective
Interest Rates |
Not available |
| Frequency |
Not available |
| Margin
Required |
Till Rs.50000 - none
Over Rs.50000 – Collateral |
| Security
Required |
Collateral over loan amount of Rs.50000 |
| Documentation |
Proof of age |
| |
Proof of residence |
| |
IT returns for past 2 years |
| |
Proof of qualification |
| |
Post dated cheques |
| Remark |
The loan is given only to people who are from
their list of companies. |