Purpose

Term loan to high-salaried individuals for personal/family expenses.

Eligibility

Permanent employees of Central/State Govt., PSUs, reputed companies, educational institutions, Govt.-supported missions (SSA, RMSA, ASRLMS, DRMC) Must have at least 6 months of permanent service.

Limit
  • With AGVB Salary A/c: Up to ₹12.00 lakh
  • With Other Bank Salary A/c: Up to ₹5.00 lakh
Security

Employer’s undertaking for salary deduction & recovery from terminal benefits, PDC.

Repayment

Max 84 months

Rate of Interest

13.5 % p.a. (Fixed)

Charges

For Service Charge, Please Click here

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