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Purpose
For purchase of Furniture, TV, Fridge and washing machine. Other household articles
Eligibility
Salaried Employees/Businessmen, professionals having regular source of income
Loan maximum limit
Upto Rs. 5.00 lakhs
Security
Hypothecation / Against Salary deduction from employer in prescribed form
Terms Of Repayment
Upto 5 years
Rates Of Intrest
10% p.a at monthly rest when mandate from employer to deduct instalments
12% p.a at monthly rest when mandate from employer to deduct instalments is not given.
Others
12% p.a at monthly rest for other than salaried
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