Personal Loans to Employees of Elctricity/ Singareni/Police Dept. Employees
- Limit: Max. 20 Lakhs
- Purpose: General purpose loan for salaried individual
- Eligibility: Permanent employees of Electricity and Singareni & Police dept. Employees who satisfy the following conditions.
- Should be less than 60 years of age with a minimum leftover service of 24 months.
- Should have sufficient cash flows to repay the loan from salary, as evidenced by 6 months’ salary slips/income tax returns of 2 years.
- Repayment up to 7 Yrs.
| Sl No. | SEGMENT | Rate of Interest |
|---|---|---|
| 1 | Personal Loans | |
| With Check off facility | 12.50% | |
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