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Emergency Salary loan

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Emergency Salary loan

Emergency Salary loan

COVID- EMERGENCY SALARY LOAN

Criteria Policy
Eligible Individuals Permanent Employees of Govt / Quasi -Govt / Boards / Endowments / MNCs/ other Reputed Companies/Schools /Colleges/ organisations with 2 years’ service.
Loan Limit Twenty (20) times the latest monthly (Basic + DA) income subject to maximum loan limit of Rs.2 lakhs (salary as on Febuary,2020)
Repayment period Maximum 36 months including holiday/Moratorium period of 6 months
Documents required Pay slips, Proof of employment, KYC documents etc.

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