Personal loans to Doctors, Engineers, Architects and also to prompt Income Tax payees.
Limit:
Rs. 5.00 lakhs
Repayment Period:
36 Months
Eligibility:
80 % of annual income as assesed in IT returns or Rs.5.00 lakhs whichever is less.
Rate of Interest:
14.00% per annum
Pre-Closer Charges:
1.00% on outstanding balance.
Rules of the scheme:
The applicant must be registered/reputed professionals.
The applicants must have own office.
They must produce three years Statement of Account certified Chartered Accountant along with three year IT returns.
Documentation
Application
Pronote/Pronote covering letter
Irrevocable mandate
Proof of residential address, proof of income by salary certificate/ITAO of both borrower and Co- obligant.
