Indian Bank loan for Salaried
Target Group
Those in permanent employment with minimum service/experience of three years with
* Government/Semi-Government Boards
* Endowments
* Reputed companies
* Corporate Industrial Establishments etc.
with regular monthly income with minimum take-home pay of 40% of the gross salary.
Purpose
For meeting Marriage/Educational and Medical expenses, to celebrate family functions and for other household expenses
Interest rate(w.e.f. 10.11.2008 for fresh accounts) : 15.00% fixed
For Existing Loans under fixed rate, the existing contracted rate shall continue.
Service Charges : * 0.50% on loan amount with minimum of Rs. 500 .
Eligible Amount
* Maximum Amount: Rs.1,00,000 for Employer Sponsored (with undertaking for recovery) and Rs.50,000 for salaried class account-holder with us
* Minimum Loan Amount: Rs.5,000.
* Eligible loan amount calculated at five times the gross monthly salary for non sponsored category and 7 times of gross salary for sponsored category
Repayment
* Repayment in 36 Monthly equated Instalments
Note: conditions apply
This information is brought to you by Harmony Infotech.
Contact us if you are looking for a website designer.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment