Professional Personal Loans
To meet personal expenses such as marriage, purchase of consumer durables, travel, holiday etc.
Our Professional Personal Loan Amount
The Maximum Loan Amount per individual is Rs. 50.00 Lakh to 1 Crore subject to repayment capacity
Eligibility
- Minimum Age: Salaried
Applicant should be 18 years - Minimum Age: Non Salaried
Applicant should be 25 years - Maximum Exit Age: For Salaried
Applicant should be retirement age - Maximum Exit Age: For Non Salaried
Applicant should be 65 years
Required Loan Documents
For salaried individuals:
- ITRs/Form 16 of last 2 years and the salary slip for the immediately preceding three months to be obtained for corroborating the income as per the latest ITR/Form-16/salary slip
- Income to be taken as per the latest salary slip/latest ITR/Form-16 for arriving at eligible loan amount/repayment capacity
For self-employed individuals:
- ITR for the last three years to be obtained and scrutinized to ascertain the regularity/stability of income level
- Supporting documents like P&L, Balance Sheet, and Computation of Income etc. also to be obtained for assessment.
Repayent Tenure : The maximum repayment period will be Five years (60 months) subject to the condition that repayment should be co-terminus with retirement for salaried and 65 years of age for non-salaried borrower.
RATE OF INTEREST:
- Please contact us to know our latest interest rates.
**Conditions Apply**
**Contact our nearest Branch for more details**
