Non-Priority Personal Loan for existing Housing loan borrowers

Criteria	Policy
Purpose	Providing loans to the existing Housing loan borrowers, having a proven track record in repayment including staff members for marriages, education, health expenses, business needs, agricultural purpose and furnishings of house etc.
Eligibility	All Home loan borrowers with regular repayment record of at least 12 instalments. No overdues in existing Home loan account All staff members with regular repayment record of at least 3 instalments.
Age	Upto 65 years
Loan Limit	Upto Rs. 30.00 lakh
Repayment period	Maximum repayment period will be the residual period of existing Housing loan to the borrower or attainment of 65 years of age whichever is earlier.
Area of Operation	All the areas coming under HMDA limits and Nagara Panchayats.
Loan Agreement	The Borrower & Co-Applicant shall execute loan agreement and DP note as per the rules in force and also execute deed for extension of mortgage of the property already charged in favour of the Bank.