Salary Earner Loan


Salary Earner Loan

Beneficiery Govt. Employees
Purpose Purchase of  Consumer durable items.
Loan Limit  Maxi. Rs.2.00 Lacs or 75% of cost of article or 10 times of Gross Salary whichever is less.
Rate of interest 13.99%
Margin 25.00%
Repayment Max. 5yrs.
Collateral security Irrevocable letter from employer and two good surities
area of operation Loan shall be advanced in the area operation of Distt. Kapurthala
TOP