Covid-19- Students Education Surety Loan

Eligibility:

A Class members having 
A) Salaried individual with confirmed service                                                                   
B) Business having an established Artisan

Purpose of Loan:

Education purpose - PUC, DEGREE, PG, DIPLOMA, ENGINEERING, MEDICAL etc.

Limit per Borrower:

75% of total Fees.

Primary Security:

Fixed Deposit  /  LIC Policy   /  NSC  / Vehicle Hypothecation

Repayment Period:     

10 Installment

Rate of Interest:

10% (With effect from:15-11-2022)

Guarantors:   

Two guarantor   (having good financial standing)

Shareholding:

Rs.1000/- Each