We offer Personal Loan to meet personal expenses e.g. Marriage, Family Functions, Medical Expenses, Travel, and personal need etc.
- Quotation of expected expenses
- 5 Photographs of Applicant
- Applicant Must be Regular Member or Nominal Member
- Applicant’s last two years Income tax Return / Payslip of last 3 months / Notarized income certificate for joint family.
- Last tax bill / certificate from society chairman/Secretary if applicant owned property
- Address proof – electric bill /telephone bill (any one) As per KYC norms
- Photo proof – Pan card / Voter card / Driving license/Aadhar card (Any one) As per KYC norms
- Applicant has to show all original documents to the bank for verification with zerox copy.
- Original documents will be returned to applicant after verification.
- The borrower should provide salary certificate.
Terms and Conditions
- Bank will give loan up to 85% of quotation
- The Loan repayment in 36/48/60 Months with EMI.
- Interest will be debited on monthly EMI basis.
- Applicant have to pay margin amount to the bank. Bank will issue Banker cheque of full amount in the name of dealer or vendor.
- Applicant have to submit Xerox copy of invoice, receipts.
- Processing charges applicable as per bank rules.
- Applicant can open Savings Account in our Bank.
- Stamp charges applicable as per Kerala Govt. of Stamp Dept.
- The borrower should provide two Salaried persons as Guaranteer