Features
♦ As a social responsibility, Scheme is framed to help the financially weak families for marriage of their daughters.
♦ Loan amount of Rs 3.00 lakhs to Rs 4.00 Lakhs is provided depending upon the repayment capacity.
♦ Repayment in 36/48 months EMI’s
♦ Rate of Interest at prevailing rate
♦ Loan will be granted to parents
♦ Documentation Charges as applicable
Eligibility
♦ Financial standing of the family will be enquired
♦ Marriage Card to be submitted
♦ Two acceptable guarantors to be provided
♦ CIBIL record with no Overdues of applicant(s)/guarantors
Required Documents
♦ KYC documents + PAN card of applicant(s) and guarantor(s) –Residential.
♦ Service or business proof
♦ Income proof with Min Two years ITR’s, if filed.
♦ Two acceptable guarantors with acceptable income
♦ Simple deposit of Property/security, if available.