Consumer Loan

We thank you for showing your interest in us. Following is the way to opening an account with us.
  1. Please find our Branch nearest to you and contact our representative
    for further proceedings.
We request you to wait for 7 working days after your application to revert back to you. Thanks you in the meantime for your patience.
good things but couldn’t buy them perhaps for want of ready cash we are now at your doorsteps to provide you all good things in life you have been craving for, through our consumer loan schemes.

Purpose

Purchase for New Consumer articles: TV, Freeze, Washing Machine, Computer, Furniture, Scooter, Motor Cycle etc.

Eligibility

For Govt. Employees/ Professional / Self Employees / Business etc.

Amount and Margin

  • For Two Wheeler:Quotation of 90% or maximum Amt. 40,000/-.
  • For Consumer Articles:25,000/-, 75% of the Quotation.
  • Margin:For vehicles 10% and Other 25%

Rate of Interest

As applicable from time to time. (See Current Rates)

Security

  • Two Income tax payee Guarantors
  • Equitable Mortgage of property
  • Salary Certificate
  • Advance Cheques

Repayment

Maximum 36 months