Any individual member of the Bank.

Term Loans.

Upto maximum of Rs. 1.00 lac subject to repaying capacity of the Borrower and also subject to the condition that it does not exceed 12 times of the monthly salary or 10 times of monthly income from  business or profession of the applicant.

For any social or religious ceremonies which the borrower is bound to perform due to his/her customs/cultureincluding marriage of self,  dependant children or real brothers & sisters.

To meet the expenses on medical treatment of self, spouse, dependant children, parents or parents-in-law in case of female borrower.

For meeting the expenses on higher education  ofspouse, dependant children & brothers/sisters.

Repair/Construction/addition and alteration of existing dwelling units owned by the borrower himself/herself or his/her spouse or parents or   parents-in-law in case of female borrower

Requirement of funds for business of borrower, spouse,dependant children or brothers/sisters.

As per Bank’s rules from time to time.

As per Bank’s rules from time to time.

Up to the Maximum  60 equal monthly Instalmentswith interest for a loan uptoRs. 50,000/- only and 84 equal monthly instalmentwith interest for a loan  of more than Rs. 50,000/-

For a loan uptoRs. 50,000/- a minimum of 2 sureties and for a loan above Rs. 50,000/- a minimum of  3 respectable sureties of good means  to the satisfaction of Bank, preferably an employee of any Government or Semi Government department, Autonomous body or  local bodies or  Public Sector Undertakings and also of  reputed Public limited Companies with at least 3 years of continuous service.

In case, the borrower is in the service of Private Sector or in business or profession, atleast2suretiesof good  means who are necessarily be in the employment of Government or Semi Government Department, or Autonomous body, or local bodies or Public Sector Undertakings and also in the Public LimitedCo’s ofhigh reputation with a continuous service of a   minimum of three years.

Borrower to submit a proof of purpose of the  Loan to the satisfaction of the Bank.

Borrower to submit the proof of his/her income like; Salary Certificate/Pay slip  and/or Income Tax Return or Affidavit about his/her  income, if the same  is below the taxable limit or copies of latest Financial Statements in case borrower is in business or profession and that of all the  sureties.