TERMS & CONDITIONS
- Disbursement of loan will be subject to the condition at the time of disbursement.
- Final approval sanction will be issued subject to fulfillment of existing terms & conditions of apply.
- Only 50% of net salary of govt. guarantor can be treated as EMI.
- net salary of govt. Guarantor must be doubled from the EMI of loanee if salary of govt. Guarantor is less than double the amount will be reduced.
- Advance EMI installment will be recovered from all the applicants / lonee if applicant depositing their E. M. I. Without bouncing till completion of loan on demand, company can provide loan equal to double in future in case a single bouncing. This facility will not be applicable to them
- Company will accept only those applicant & guarantor whose age should be 18 to 60 years.
- In case of property guarantor the property of any blood relative will not be accepted SC caste guarantor is not acceptable.
- In case if the document requested by the company is not completed by the applicant shall be rejected.
- Property guarantor search report compulsory & all family member permission is compulsory. File fees will not refundable after issuing the offer letter.