Special PersonalLoan HNI VIP

Special PersonalLoan HNI VIP

Special Personal Loan to HNI/VIP

 

 Purpose

 To finance for the purchase of Household goods etc.

 

Eligibility :

 

Any Individual whose regular income is more than Rs.75000/- with 2 years of service in the same organization. The age of the individual should be between 25-60 at the time of maturity of the loan


Quantum of loan 

90% of the cost of article subject to maximum of Rs.25.00 lacs.

Margin

10% on cost of the article.

Rate of interest 

Please click Retail credit interest rates

 

Repayment

Maximum Repayment is 12-72 EMIs


No Pre payment charges


Security 

 

Loan upto Rs.15.00 lacs   :  Hypothecation of purchase of articles purchased out of loan

Loans above Rs.15.00 lacs :Third party guarantee / Collateral Security along with 

                                                     Hypothecation of article which is purchased out of loan

Processing charges

Please click here for
Processing Charges.

While all efforts have been made to update the information, constituents are requested to contact the nearest branch for further details.

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