Loan is granted for purchase of durable consumer goods like
- Desktop Computer ( P.C )/ Laptop
- Motor Cycle / Scooter / Air Conditioner
- Color TV / DVD Player/ VCR / Generator/ Washing Machine (automatic) / Cooking range.
- Refrigerator / Dish Antenna/DTH Equipment/ Kerosene Room Heater/ Washing machine
- Vacuum cleaner
- Water Filter cum purifier / CD Players /Cassette Players / Geyser / Cooler, etc.
3000 to
40,000 per Article
75000 subject to 12 times net monthly Salary. (More than one article/Durable)
- Primary: Hypothecation of article financed .
- Collateral: Third party Guarantee of one person.
Employees of Govt., Semi-Govt., Civic Bodies, Self employed (with assured income).
60 months
25 %