Eligibility
Minimum loan value Rs. 50,000 and the maximum Rs 2.5Mn – no collateral/guarantors required
A clear CRIB report and proof of repayment capacity
Loan value above Rs 2.5Mn and up to Rs 7.5Mn – tangible collateral acceptable to the bank required
Salary should be deposited directly into the given bank account or installment payments should be made via a standing order
Basic minimum remuneration excluding fixed allowances – of Rs 30,000
In case of purchase of a Laptop or a Desktop computer, a proforma invoice also should be submitted & all payments will be directly paid to the vendor
