Sr.No.

Conditions

Requirements

1.

Maximum Limit

• Maximum amount of loan Rs.15,00,000/- or 24 times monthly net salary whichever is less ( having a/c in CB Hisar)
• Maximum amount of loan Rs.15,00,000/- or 15 times monthly net salary whichever is less. ( Having a/c in other Bank )

2.

Eligibility

1. Confirmed / Permanent employees of State / Central Govt. and their Boards / Corporations / undertakings.
2. Who are due for retirement in the near future may not be entertained.
3. The place of posting/working should be Hisar District or Address   should be of Hisar District.
4.  CIBIL Score below 600 will not be accepted.

3.

Purposes

To meet the urgent requirements of personal nature such as education, marriage of children, foreign travel, family functions, medical expenses etc.

4.

Repayment

Max. 84 months or residual service period whichever is less.

5.

Margin

NIL

6.

Security

i. Third Party guarantee of One Govt employee  .
iv. Advance cheques (PDCs) wherever applicable

7.

Rate of Interest

11.25 %