Unplanned or emergency expenses can crop up at any time in our life. If you are planning to get married or want to renovate your home and are falling short of funds, then worry no more. Instead, it is indeed a good idea to explore the option of taking personal loans to meet these expenses.
Get loan upto 20 times of your Salary.
No pre-closure charges or part payment charges.
Eligibility:
Criteria | Salaried |
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Eligible Individuals | Individuals who are permanent/regular employees of Govt. of Telangana, Public Sector Undertakings and other salaried persons of reputed private companies. |
Age | Upto 65 years |
Loan Limit | 25 times of the average of last 3 net salaries subject to a maximum of Rs. 10.00lakh |
Repayment period | Upto 60 months |
Documents required | 3 months Pay slips, 2 years IT returns, 6 months Bank statement, KYC documents etc. |
Criteria | Professionals/Self Employed |
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Eligible Individuals | Professionals like Doctors/ Chartered Accountants/ Architects/ Engineers/ Self-employed etc. |
Age | Upto 65 years |
Loan Limit | Monthly income to be arrived from the average annual income and 50% of monthly taxable income to be considered for loan EMI eligibility subject to a maximum of Rs. 10.00 lakh |
Repayment period | Last 2 years IT returns, 6 months Bank statement, KYC documents |