I.         Personal Surety Loan

1.         Proof of address of the borrower and sureties.

2          One passport size photograph.

3.         a) For salaried person -

             i) Latest salary certificate of the borrower and sureties

            ii) Undertaking from the employer of the borrower and sureties to the  effect that he would deduct from the salary and remit to the bank amounts as demanded by the Bank in case of default.

            b) For self employed -

            i) Latest Income Tax return of last three years of the  borrower/sureties

            ii) Affidavit , in case not filing the income tax returns.

4.         Post dated cheques for all installments (EMI) at the time of disbursement of the loan.

5.        Share money i.e. 5.00 % of loan amount which is refundable

6.         Processing fee i.e. 0.50 % of the loan amount non-refundable at the time of advancing of the loan.

7.        Evidence of purpose for the loan applied for.

            a)          Housing   -   1) Estimate of repair/alteration

                                            2) Proof of ownership of the house.

            b)          Business   -  Proof of the business and nature of business

            c)          Education -  Proof of course for which the loan applied..        

                                                                         
Last modified: 02/02/09