| Purpose |
Purchase of new T.V., Freez, A/C., Washing Machine, Laptop, Computer etc. Home Appliance |
| Eligibility |
Salaried employees, Businessmen, professional self-employed, |
| Loan Amount |
70% of Quotation Price of Goods |
| Margin |
30 of Quotation Price |
| Repayment Period |
Maximum 36 months |
| Share linking |
2.5 % of the loan amount sanctioned. |
| Rate of interest |
11.50 %PA |
| Guarantee |
One /Two guarantor Required |
| Security |
Hypothication of particular Goods. |
| Processing fee |
Nil |
| For Nominal Member |
Nominal membership fees – Rs.25/-
Deposit Amount – Rs.1000/-
|
