Deogiri Mangal Kalash Yojana [Personal Loan Scheme]
Apply For Loan
Purpose :
Marriage and other religious ceremonies, Medical expenses for Applicant or his/her family members/Foreign Tours.
Loan Amount :
Max. loan amount is Rs. 5.00 lacs
Rate Of Interest :
Interest rates are applicable as per the following credit score and security categories:
| Category | Credit Score | Rate of Interest (p.a.) |
|---|---|---|
| Salaried & Business | Above 800 | 13.00% |
| Salaried & Business | 700 to 800 | 13.50% |
| Salaried & Business | 600 to 700 | 14.00% |
| Salaried & Business | 600 or below / No Credit History | 15.00% |
| Salary credited through bank OR Property Collateral | Above 800 | 12.00% |
| Salary credited through bank OR Property Collateral | 700 to 800 | 12.50% |
| Salary credited through bank OR Property Collateral | 600 to 700 | 13.00% |
| Salary credited through bank OR Property Collateral | 600 or below / No Credit History | 14.00% |
Period :
Maximum period for repayment is 60 months.
Security :
Bank will ask for collateral security above Loan Amount of Rs.50000/-
Guarantor :
Two guarantors of well means are required.
Documents :
- Applicant -
- Guarantor -
Photo, Photo ID, Residence proof, Income Proof such as Last 3 months Salary slip or Last Three years Balance Sheet and Tax Returns, Quotation or Estimate with evidences.
Photo, Photo ID, Residence proof, Income Proof
