Personal Banking
Loan to Salaried Employee
A Personal Loan helps meet various financial needs.
Be it unexpected medical expenses, buying a smartphone, or purchasing a smart TV — a personal loan covers multiple purposes.
Generally, any earning individual between 21 and 60 years of age can easily avail this loan.
Consumer Durable Loans
This loan helps individuals purchase home necessities such as electronic appliances, kitchen items, and other essential household goods. Consumers can easily avail this loan at a low interest rate.
Pensioner Loan
Retired individuals and those eligible to receive pensions can avail this loan. It can be used for medical needs or other personal requirements at a low interest rate.
Building Mortgage Loan
In life, we face unavoidable expenses such as business expansion, marriage, medical emergencies, or education. A practical solution to meet such financial needs is a home mortgage loan, where property is pledged to secure funds.
Education Loan
Education loans are taken to meet expenses related to secondary or higher education. The loan helps cover tuition fees, books, and living expenses while the student pursues their degree.
Housing Loan
A housing loan is a secured loan obtained by pledging property as collateral. It offers a large loan amount with economical interest rates and long repayment tenures. The loan is repaid through EMIs, and once fully repaid, the property ownership is transferred back to the borrower.
Loan for Physically Challenged Persons
This loan supports economic development activities and self-employment ventures for persons with disabilities. Individuals with more than 40% disability are eligible to apply for this loan.
Women Entrepreneur Loan
This loan is meant for educated (minimum SSLC) unemployed women residing within the corporation limits. Under objectives approved by SIDBI, it encourages them to set up small-scale production or service units.