Marriage Loan
Financial assistance for eligible marriage expenses
Marriage Loan Details
Important eligibility, sanction and loan conditions
Shareholder can avail the loan for the marriage of Self, Daughter, Son or Dependent Sister.
Maximum loan sanction will be ₹5,00,000/-.
Rate of Interest: Flat 7% P.A.
A new member can avail this loan only after six CMTD recoveries and after availing General Loan.
The shareholder must have a minimum of 30% take-home salary.
2 sureties are required, with minimum 12 CMTD recoveries and 2 years Railway Service.
2% will be recovered towards LRF.
Eligibility & Requirements
Key requirements for availing the Marriage Loan
Loan can be availed for Self, Daughter, Son or Dependent Sister's marriage.
New members must complete 6 CMTD recoveries and avail General Loan before applying.
Minimum 30% take-home salary is required.
Each surety must have minimum 12 CMTD recoveries and 2 years Railway Service.
Documents to be Enclosed
All required copies must be self-attested
Borrower Identification
Borrower ID Card or UMID Card Xerox.
Borrower Bank Details
Borrower Bank Pass Book or Cancelled Cheque Xerox (Salary Account) with self-attestation.
Salary & Surety Documents
Borrower's latest 3 months Pay-Slips and sureties' current month self-attested Pay-Slips.
Bride / Bridegroom Identification
Bride / Bridegroom's Aadhaar Card Xerox.
Wedding Card
Original Wedding Card must be enclosed with the application.
Society Pass Books
Borrower and sureties' Society Pass Book Xerox copies.
Family Declaration / Identity
Family Declaration Form or UMID Card / ID Card.
All Xerox copies submitted with the Marriage Loan application must be properly self-attested.