Margin Required :100% of Fixed Deposit for “On Road price”.
Eligible Age Group :People with Min. age 18 Year , No upper Age limit
Minimum Income Criteria : Income declared by applicant will be accepted.
What will be the maximum loan amount? : Min: Rs. 2 lacs, Max: No Limit.
EMI/NMI Ratio : Not Applicable
Repayment period : 3-7 Years, as per customer's choice
The following papers are to be submitted along with loan application :
Statement of Bank account of the borrower for last 6 months.
2 passport size photographs of borrower/guarantor (s).
A copy of passport /voters ID card/PAN card.
Proof of residence by way of tax receipts, telephone bill, electricity bill or any other document that comply with the regulatory and/or KYC requirements. Proof of official address for non-salaried individuals.