Personal Loans to Employees of Elctricity/ Singareni Employees
- Limit: Max. 15 Lakhs
- Purpose: General purpose loan for salaried individual
- Eligibility: Permanent employees of Electricity and Singareni 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
| Sl No. | SEGMENT | Revised Rate of Interest w.e.f 01.08.2017 |
|---|---|---|
| 1 | Personal Loans | |
| Salary Account maintained with us. | 12.50% | |
| With Check off facility | 13.50% | |
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