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Teachers Loan

  • To meet any genuine personal/domestic needs and not for speculative purposes.
  • All confirmed teaching / non-teaching staff working in a school / college - drawing salary through our branches, with an undertaking letter from salary disbursing authority at District/Block level not to shift the salary account without NOC from the branch.
  • Net take home after meeting the proposed EMI should be minimum 30% of the gross salary Or Rs. 10,000/- whichever is higher
  • 10 months' gross salary or Rs. 3,00,000/- whichever is less.
  • 1 % of the loan amount with a minimum of Rs.50/- .
  • Upto 48 months.
  • Suitable co-obligation
  • stipulated Loan Application with 2 passport size photographs
  • Latest Salary Certificate and Form No.16
  • Co-obligation where applicable
  • Pronote/Pronote Covering Letter

Click here to see Applicable Rates of Interest

Click here to see E M I Calculator

Click here to see Facility of On-Line Application