Salary Loan
| Particulars | Individual |
|---|---|
| Who can Borrow | Individual |
| Purpose | Personal needs such as Housing, Education, Medical Emergencies, Travel etc. |
| Max. Finance Available | Rs.1.00 lakhs |
| GUARANTORS | One GUARANTOR |
| Repayment | 60 months |
| Processing | 1% of the loan amount plus GST |
| Documentation Charges | As applicable |
| Prerequisites | 1. Salary should be credited to bank account/Undertaking letter from employee. 2. Undertaking letter from authorised officer. 3. Confirmed employee in case of salaried person. 4. COMPLIANCE OF KYC NORMS. 5. Statement of operative Bank account for the last one year. 6. Salary certificate or salary slip for consecutive three months. |
Sree Thyagaraja Co-operative Bank Limited, a leading Urban Co operative Bank in India.