LOAN AGAINST SALARY A personal loan is a loan that does not require collateral or security and is offered with minimal documentation.
LOAN AGAINST SALARY EMI Calculator Loan Amount 1L 5Cr Tenure (months) 12 360 Interest Rate 6% 18% Equated Monthly Installment (EMI) will be 8606
HPSCB Loan : Features Low interest rate Low processing fee No hidden charges Interest on daily reducing balance. No security, no guarantor or DDO undertaking required in case of regular employees.
HPSCB Loan : Eligibility All regular & contract employees of State & Central Govt. including Boards, Corporations & universities. Maximum Age: one year before superannuation. Quantum of loan: 25 times of Gross Salary Regular Employees: upto Rs. 40 lakh. Contract Employees: upto Rs.10.00 lakh. Repayment period : 10 years or upto 3 months before superannuation (whichever is lower).
HPSCB Loan : Documents Pre-sanction documents: Salary Certificate & Latest Form – 16/ undertaking of annual salary. Undertaking of the spouse of the borrower (or any adult member in case of spouse is not alive). Attested Affidavit from borrower. Bank’s Pass Book/Statement of accounts for last six months. For Central Govt. employees: Certificate from employer that the services are not transferable outside the state of H.P. For contract employees:Copy of contract offered by the organization.
