Purpose:

• To meet any genuine personal needs.

Eligibility:

• All confirmed teaching / non-teaching staff working in a school / college - drawing salary through our branches, with an undertaking letter from the school / college not to shift the salary account without NOC from the branch.

• Net take home after meeting the proposed EMI should be minimum 30% of the gross salary

Quantum :

• 10 months' gross salary or Rs. 2,00,000/- whichever is less.

Rate of Interest: Please visit our interest rate page for the current rates
Processing Charges:

• 1% of the loan amount with a minimum of Rs.50/- .

Repayment :

• Upto 48 months.

Security :

• Suitable co-obligation

Documents/Formalities to be completed:

• Stipulated Loan Application with 2 passport size photographs

• Latest Salary Certificate and Form No.16

• Co-obligation where applicable

• Pronote/Pronote Covering Letter

For more details, please visit our nearest branch or call to toll free no. 1800 425 0018.