Personal Loan for Salaried Individuals covered with Employer Guarantee

Features

• Rate of Interest : 12.99%

Eligibility

For Salaried Persons :

• Employees of reputed and financially sound organization.
• Should be on Payroll of the Company. Confirmed service for at least one year.
• Loan amount eligible upto 65% of take home salary after deducting of all existing EMI’s.
• Three months latest Salary Slip and six months Bank statement of salary account.
• Salary Undertaking from the company

Co-Applicant :

• Spouse/Parents/Blood Relatives of the applicant can be taken as co-applicant.

Guarantors :

• Two Financial strong Guarantors Required.

Documents

Duly filled form with :

• Income proof of Applicant and Guarantors
• Residential Proof of Applicant and Guarantors
• PAN card of Applicant and Guarantors
• KYC of Applicant and Guarantors
• 10 PDC cheques
• Salary Undertaking from the Company

Personal Loan for Small Business (Without Mortgage)

Features

• Loan Against Daily Collection / Repayment through Daily Collection
• Loan Amount – 2 Lakhs
• Loan Tenure – 2 Years (24 Months)
• Interest Rate – 12%
• Rate of Interest – 12%

Eligibility

• Loanee should have completed minimum 1 year at the given Business Location
• Loanee should be a local Resident of Nashik or should have property in his name or in the name of his family members.
• Other Bank’s 5 Advance Cheques.

Personal Loan for Business (For Existing Borrowers, Without Mortgage)

Features

• Loan Against Daily Collection / Repayment through Daily Collection
• Loan Amount – 5 Lakhs
• Loan Tenure – 5 Years (60 Months)
• Rate of Interest – 13%

Eligibility

• Loanee should have completed minimum 1 year at the given Business Location
• Loanee should be a local Resident of Nashik or should have property in his name or in the name of his family members.
• Other Bank’s 5 Advance Cheques