Salary Earners Loan

These loans are granted to the salaried class people with monthly assured income. 

Maximum limit : Rs. 2,50,000/- or 6 Months gross salary which ever is less.

Term: 36 months or as decided by the loan sanctioning authority.

 Purpose: To meet expenditure like medical bills, educational expenses, domestic items to purchase.

Security: 1 personal  surity as decided by the loan sanctioning authority from time to time. Borrowers as well as surity should become member of the financing institute of Bank as the case may be.

If employee having salary account with our bank he can have a limit of loan upto2.5 Lakh or 10 times of Gross salary whichever is less