Special Loans
S.No. | Description | CMTD below Rs.40,000 | CMTD from Rs.40,001 to Rs.60,000 |
CMTD from Rs.60,001 to Rs.80,000 |
CMTD above Rs.80,001 | Gazetted Officer |
---|---|---|---|---|---|---|
1. | Special Loan (Rate of Interest 7% Flat option1) | Rs.1,40,000 | Rs.1,75,000 | Rs.2,30,000 | Rs.3,00,000 | Rs.6,00,000 |
2. | Special Loan (Rate of Interest 8% Flat option2) | Rs.2,00,000 | Rs.3,00,000 | Rs.4,00,000 | Rs.5,00,000 | Rs.10,00,000 |
- No. of Installments 24, 30, 36, 42, 48, 54, 60, 72
- He/She must have 30% take home salary
- Special loan is renewable after completion of 18 installments of the previous loan