CANJEWEL LOAN

A simple Loan Scheme for financing individuals for meeting the expenses of marriage of self/relatives and/or for purchase of gold jewellery/articles.

Eligibility:

Salaried individuals/businessmen/professionals with gross annual salary/gross annual income not less than Rs.1 lac. In the case of employees, Net take home salary should be 40% of the gross salary. Selectively upto 25 % of gross salary is also permitted.

Quantum :

Six months’ gross salary/gross annual income with a minimum of Rs.25000/- and maximum of Rs.1 lacs. Higher quantum also considered selectively.

Rate of Interest:

PLEASE VISIT OUR PAGE ON RATE OF INTEREST ON PERSONAL LOANS

Repayment :

In convenient Equated Monthly Instalments upto 48 months. Selectively upto 60 months considered.


Security :

Normally, Co-obligation is required for loans above Rs.50,000/-. Waivers considered selectively.

Processing Charges:

0.5% of the loan amount subject to a minimum of Rs.250/- and maximum of Rs.1000/-.


Documents / Formalities :

• Stipulated Loan Application with 2 copies of passport size photographs

• Proof of residential address

• Latest Salary Certificate and ITAO

• Co-obligation (unless waived)