Salary Deduction Loan
Loans
About Salary Deduction Loan
The Salary Deduction Loan is a convenient personal loan facility specially designed for Government and Semi-Government employees. Under this facility, the monthly loan installment is deducted directly from the borrower’s salary, making repayment regular, secure, and hassle-free.
With quick loan processing, a simple repayment process, and attractive interest rates, the Salary Deduction Loan is a reliable and convenient financial solution for meeting personal, family, and other financial requirements.
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13 %
Rate of Interest
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Monthly EMI
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Loan Feature
Feature & Benefits
- For Government & Semi-Government Employees
- Easy and hassle-free loan processing
- Monthly EMI through Salary Deduction
- Competitive and attractive interest rates
- Convenient and disciplined repayment
- Reliable financial support when you need it most
Salary Deduction Loan
Eligibility
- Applicant having/ ready to have membership & salary slip with form 16.
- Applicant should have adequate income available for instalment.
- Services of applicant must be confirmed.
Salary Deduction Loan
Required Documents
- Aadhaar Card
- PAN Card / Voter ID Card / Passport / Driving Licence / Gas Bill (Address Proof)
- Salary Slips (Last 3 Months)
- Form 16 (if applicable) Salary Deduction Guarantee Letter
- Employee Service Certificate
- Approval from the HR / Accounts Department
Apply For Loan
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