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