Name of the Scheme : Credit -Credit Card Loan Scheme
Who can Apply ? :

Account holder of the Bank. Bank transactions minimum 6 months. Firms, Institutions are excluded from the scheme.
All Businessmen, Industrialist, Servicemen Individuals can apply.

Loan Amount :

Rs.50,000/- or 50% of credit card limit (Whichever is Low )

Rate of Interest : 15 %
Period : Maximum 3 years.
Guarantor : Minimum One
Repayment :

The said loan amount is to be utilised for payment of any particular credit card. If loan is not cleared within given period then the said loan will be renewed.

 Membership :

Should be member. 5% of sanctioned loan amount

Documents : As required for cash-credit loan.
       

 

 

 
   
   
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