ESTABLISHMENT SECTION 

Loan facility for staff

Kind of  loans:

1.                 House Building Loan

 

 

Amount

Rate of Instt.

Maximum

i)

Construction

34 basic pay

8%

7.50 lacs

ii)

Extension

8 “     “

8%

1.80 lacs

iii)

Repair

7 “     “

8%

1.00 lacs

2.                 Conveyance Loan

 

 

Amount

Rate of Instt.

i)

Scooter

20,000/-

8% (Minimum Basic + DP Rs.6000/-)

ii)

Motor cycle

30,000/-

8%(Minimum Basic + DP Rs.6000/-)

iii)

Car

2,50,000/-

8% (Minimum Basic + DP Rs.12000/-)

3.           Marriage Loan

 

 

Amount

Rate of Instt.

i)

Daughter’s Marriage

1.00 lacs

8% (minimum 15 basic & not more than Rs.1.00 lacs)

ii)

Son’s Marriage

60,000/-

8% (minimum 10 basic & not more than 60,000/-)

3.                 Computer Loan

 

 

Amount

Rate of Instt.

i)

Computer Loan

40,000/-

8% (Basic + DP Rs.9000/-)

                               


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