Locator :   Branches   |   PACS   |   ATM   |  IFSC - UTIB0REWA01   |  

Consumer Durable & Personal Loan

Consumer durables are a category of consumer products that do not have to be purchased frequently because they are made to last for an extended period .

 

Consumer Durables Loan

Planning to buy that giant TV or want to rock your home with a large Home Theatre System, we provide financing for all consumer durables.

Financing available for consumer electronics such as Television Panels, Refrigerators, Washing Machine, Air conditioners, Laptops, Furniture through easy EMIs.

Features & Benifits

  • Easy repayment options
  • Minimal documentation
  • Instant Approvals
  • No security deposit

Eligibilty Criteria

  • Minimum Age: 18 years
  • Applicant should be a resident of India.

Required Documents

Standard KYC like Pan card, Aadhar Card, Driving License, Voters ID, Electricity bill, Landline bill for establishing Identity Proof and Address Proof, and also to enable running credit checks

 

Personal Loan

Sr.No. Conditions Requirements
1. Maximum limit

Minimum amount of loan will be Rs.50000/- and maximum amount of loan Rs.15,00,000/- or 15 times monthly net salary whichever is less.

2. Eligibility

(i) Confirmed Govt. employees of State/Central Govt.
(ii) Who are due for retirement in the near future may not be entertained.
(iii) The place of posting/working should be Rewari.

3. Purposes To meet the urgent requirements of personal nature such as education, marriage of children, foreign travel, family functions, medical expenses etc.
4. Repayment

60 months or residual service period whichever is less.

5. Margin

NIL

6. Security

i. Third Party guarantee of one employee acceptable to the Bank in case where salary account not maintained with Rewari Coop Branch.
ii. Third Party guarantee of one employee or insurance of loan amount in cases where salary account maintained with Rewari Coop Branch (except Rewari Coop Branch staff) .
iii. The Guarantor(s) CIBIL Score below 600 will not be accepted
iv. Advance cheques (PDCs) wherever applicable

7. Rate of Interest

Fix rate option.

Top