Personal loan will enable the members to meet urgent domestic expenses like children education, medical expenses to self \ family, celebration of festivals, marriage expenses of son / daughter, purchase of consumer durables, etc.

Permanent employees of State / Central Government ,pubic sector undertakings, reputed corporate concerns, educational institutions, with minimum confirmed service of 2 years, and having minimum net take home pay of Rs.10,000/- pm and with age below 65 years .

•  Minimum amount of Loan – Rs.10 ,000
•  Maximum loan amount – Rs.2,00,000/-
• Eligible loan amount : 6 times net take home pay as per the latest salary slip provided by the employer
• Net take home pay after loan EMI shall not be less than 50% of gross salary
•  The loan shall be repayable in equal monthly instalments ranging from 6 months to 36 months(EMI)
•  The loan shall be guaranteed by one /two other employees of the same organization with minimum take home salary of Rs. 10,000/- who should also become members of the society
• The employer should agree for salary deduction of EMIs and remit the same to the society towards loan instalments of their employees
•  Undertaking / guarantee of the employer for deduction of EMI from the salary of the employee and remit the same to the society on monthly basis
•  Minimum credit score : 650