With personal finance scheme, you will be able to borrow money to purchase household items. The following are the features of personal finance scheme.
Eligibility: Service holder having permanent service terms or contract basis at least covering the loan tenure and the employer should be in a position to provide an undertaking to transfer the fund to the Bank for EMI
Loan Amount 2 lakhs to 10 lakhs
Loan Tenure upto 3 years
Purpose: For the purchase of household items
Processing fee 1% of the loan amount payable up front
Prepayment Allowed after 6 months