Travel Loan


Purpose To meet (Domestic or Foreign) Tour or Business Tour Expenses.
Eligibility Individual/s, Salaried Employees,
Businessmen, - Self-employed,
Professionals having regular source of income or Business entities.
Maximum Loan Amount Minimum Rs.25,000/-
Maximum: Domestic Tour: ₹ 2, 00,000/-, Overseas Tour: ₹ 8,00,000/-
Margin 1] Up to ₹. 2,00,000/- @10% margin of Tour cost
2] Above ₹. 2, 00,000/- minimum 20% margin of Tour cost.
Repayment Period 3 years (36 EMIs)
Rate of Interest Unsec. 13.50% Sec 12.90%
Security Not Mandatory for Loan up to ₹.2.00 lakhs. Above ₹.2.00 lakhs: 100% Security in the form of TDR, LIC / NSC or Immovable Assets.
Guarantators Two Guarantors with sufficient means & income acceptable to the Bank.
Collaterals NOT REQUIRED
Processing Charge 0.75%
Subscription of Bank's Share Sec Loan 2.5% ,Unsec. Loans 5%
Pre-payment Charges NO PREPAYMENT CHARGES.

Terms & Conditions Apply.
Visit nearest branch for more details.


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