Eligibility:
Permanent employees of PSU/ Government Employee/ Companies / Reputed Institution/ UGC or AICTE Recognised College or University
Pensioners of PSU/ Government Employee/ companies/ Reputed Institution/ UGC Recognised University/ Retired Pensioners of NTB Bank
Field Officer/Agents of Public Sector Insurance Companies
Professionals i.e. doctors, advocates, architect, Chartered Accountants etc.
Age :
Minimum Age: 21 Years
Maximum Age: 65Years for Salaried & 70Years for others.
Maximum Amount of Finance :
Up to Rs. 25.00 Lakh
Margin :
Nil
Features :
Credit Facility in form of Term Loan/Demand Loan or Reducing Overdraft.
Repayment Period of 07Years for term loan & 12Years for Reducing OD.
Concession @ 0.50% to the borrowers offering CRM Securities (Our Bank's deposit/ LIC/ NSC/ Acceptable Paper Securities), present value not less than 50%, subject to the same is maintained till liquidation of advance facility
No Prepayment Charges on foreclosure of credit facility.
Processing & Other Charges :
As per banks' Service Charges Booklet
Unified Processing & Documentation Charges (Tax Extra):
0.25% of the sanctioned limit, subject to minimum Rs.1000/- and maximum Rs.5000/-.
NAINI SAHYOG PERSONAL LOAN: Floating Rate of Interest
| CIBIL Score |
For Term Loan |
| CIBIL Score above 700, -1 or above 3 |
NRLLR + 3.00 |
| CIBIL Score 700 & below, 3 or less than 3 |
NRLLR + 3.50 |
NAINI SAHYOG PERSONAL LOAN: Fixed Rate of Interest
| CIBIL Score |
For Term Loan |
| CIBIL Score above 700, -1 or above 3 |
NRLLR + 5.00 |
| CIBIL Score 700 & below, 3 or less than 3 |
NRLLR + 5.50 |