Name of the scheme |
Salaried employees, Businessmen, professional self-employed, Traders and Members |
Purpose |
For Social and Business and House Rearing and renovation |
Eligibility |
Members, Manufacturing Units, Traders, Service Providers Salaried Employed will be eligible for this scheme. |
Rate of interest |
12.00% |
Processing fee |
Nil |
Period of Finance |
Maximum 36 Months. |
Share linking |
3 % of the loan amount sanctioned |
Guarantee |
Two guarantor possessing property and also Income tax-payer. |
Security |
LIC Policy assign as a Co-lateral Security for loan amount More than Rs. 100,000/- |