Personal Loan for Employees

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To meet personal expenses, including:
✅ Marriage celebrations
✅ Medical treatment
✅ House repairs
✅ Other personal needs 

✅ Confirmed/permanent employees working in:

• Central/State Government
• Public Sector Undertakings
• Municipal Corporations
• Improvement Trusts
• Government Aided Schools/Colleges
• Universities

Amount of Loan

✅ Up to 10 times gross salary, subject to:

• Maximum: ₹1,50,000/-
• After deducting EMI, take-home salary must be at least 40% of gross income.
   

✅ Maximum 60 months (5 years)

✅ Two suitable guarantors acceptable to the bank.

1️⃣ Loan Application (for employee’s loan), duly completed, signed by competent authority at salary disbursing office.
2️⃣ Photograph
3️⃣ Identity Proof (PAN Card, Aadhaar, Voter ID, etc.)
4️⃣ Proof of Income:

• Salary certificate issued by employer (showing gross & net salary)
• Form No.16 issued by the employer
  5️⃣ Income Tax Returns for the last 2 years
  6️⃣ Bank account statement for the last 6 months
  7️⃣ Age Proof (PAN card, Aadhaar, Driving License, etc.)
  8️⃣ Address Proof (Passport, Voter ID, Electricity Bill, etc.)