Personal Loan (P.L):

This is a clean loan given to employees Private, Public and Government sectors in order to fulfil their commitments against security of two respectable sureties.

Rate of Interest: 16% (Reducing Interest)

Documents required for Personal Loan :-

  • 10% FD on loan amount.
  • 3 passport size photo.
  • Identity Proof :–
    1. Salary bank account statement .
    2. Id card or Employee card.
    3. 2Surety – (SB a/c with St. Milagres)
    4. Latest 2 months Salary Slip.
    5. LIC Assignment (Statement of Surrender value)
  • Driving License Xerox
  • Voter ID Xerox
  • Ration Card Xerox
  • Adar Card Xerox

Note: Loanee should be identified by the Branch Manager.