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| Purpose : |
| For purchase of consumer durables including motor cycle/scooter/sport cycle/cycle and sports item etc. For meeting any type of house hold expenses such as repair/renovation of the house, educational/ marriage/medical expenses/family functions etc./travelling expenses in India and abroad, etc. |
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| Eligibility: |
| All working Defence Personnels with minimum one year of service. Personnel of para military forces like BSF,ITBP, CRPF, Coastal Guards, CISF, Assam/J&K Rifles are also eligible. |
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| Amount of Loan: |
| 15 times of Net take home monthly salary subject to following ceilings: |
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| Commissioned officers: Maximum upto 3.00 lac. |
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| Junior Commissioned Officers: Maximum upto 2.50 lac. |
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| Non Commissioned Officers:Maximum upto 1.50 lac |
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| Security: |
| Charge over assets acquired out of loan. |
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| Margin: |
| Nil |
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| Click Here for Rate of Interest |
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| Repayment: |
| Equal to the period of stay not exceeding 36 months. |
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| Process Fee: |
| 0.50% of loan amount with minimum of Rs. 500/-. 12test |
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| Click here to view PLR Rates |
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| Help Line No- 1800-180-1235, 0124-2340940 |
| For unresolved queries- 011-25718132 |
Please call 011-25718132. |