Salary Loan Terms
These loans are granted to the salaried class people with monthly assured income.
Under UGC (Scale) degree college lecturers Rs. 5Lakh and remaining workers Rs. 1Lakh
To meet expenditure like medical bills, educational expenses, domestic items to purchase.
Loan amount=50% of total salary-debits
Depending on remaining amount
interest rate and loan amount is decided
2 Permanent workers suriety