Eligibility
- Salaried persons aged between 21 and 60 years.
- Minimum Credit Bureau score of 601.
- Should be Permanent Employee of any Education Institutions of the Ramaiah Group or Other Business Managed by/Associated with the Ramaiah Group.
- He/She should have been in continuous service for minimum of One Year
- Minimum monthly salary of Rs 15,000.
- Meeting the companies rating criteria.
Documents Required
- Applications
- Photograph
- Identity proof
- Photo ID issued by employer
- Address Proof
- Last three months Bank account statement
- Last three months Salalry Slip
- Salary Undertaking from Employer
Rate Of Interest
- Depends on Risk Profile and credit score
- Starts at 10% p.a on daily reducing balance
Quantum Of Loan
- One month’s Gross salary with a ceiling of Rs 2 lakh.
Repayment
- Maximum of 10 EMI
