Significant
Features:
Loan
given for the purchase of Domestic Appliances.
Maximum
Loan Amount is 60% of purchase value (Max
Rs. 20000).
Normal
installment is Rs. 21.54/1000.
Rate
of Interest Is 13.50%
Duration
of repayment is 66 Months
Require
Document / Other Paper / Gurantees:
Applicant
Must Be Member Of Bank.
Applicant
must not have running SELF SURITY LOAN.
Guarantee
of 2 Guarantors is required
Guarantee
of family member is not accepted.
Quotation
of Item to be purchased is must with application.
On
sanction of advance, payment will be paid
directly to the Dealer / Firm.
Either
Applicant of One Of the Guarantor Must Have
Property With Him.
In Situation:
Where
applicant is a SALARISED PERSON (I.E. from
Government, Semi Government, Board, Nigam,
Corporation, Co-Op Soc, LCBs, Schools, Collage
etc.)
Last
Salary Slip with With Undertaking of Deduction
From Salary Is To Be Produced With Application.
Where
Applicant is Either Businessman Or Professional.
Last
Year’s Income tax return, Or Assessment
Order.
Balance
Sheet, P & L Account & Other Business
Account.
Partnership
deed (Partnership Firm).
Proof
of Business (i.e. Shop Act Lic, Sales Tax
Return, SSI No, Sanad Of Practise etc).
Bank
reserves the right to inspected the purchased
good
MoneyGram