The loan is sanctioned for any legitimate purpose whatsoever (e.g. expenses for domestic purposes, medical treatment of self or a family member, meeting any financial liability, like, marriage of son/daughter, defraying educational expenses of wards, meeting margins for purchase of assets etc.). Salaried individuals are eligible for this loan. However, self employed persons, doctors, architects, chartered accountants with minimum 2 years standing may also be eligible for getting personal loan subject to fulfilment of terms & conditions as laid down in the loan policy of the Bank. Personal Loan limit would be determined by the income and repayment capacity of the borrower.
* For more details contact to your nearest branch of our Bank.