The main
purpose of the this scheme is to fund the different festivals like Diwali,
Gurpurab, Basakhi, Durga Puja etc. The bank provides the finance to
to enjoy these festivals.
Eligibility
This loan is
for Govt/Non-Govt./Public/Private sector undertaking/corporation employees
having the confirmed services of atleast two years and off cheque Facility.
Loan Limit
3 times the Basic
salary of the employee
Max of
25000/-
Interest
Min of 14.0% (per annum)
Margin
No
Margin
Security
1.Cheque of Facility
2.Third Party Guarantee which is acceptable to
Bank
