Charan Arthik Sahay Loan – CAL

Classificaiton

• Weaker section advance under “Priority Sector”

Loan Eligibility

• All those persons (members) who are economically backward with a less annual income.

Quantum of loan

• As mentioned in Interest chart

Repayment

• Monthly Installments + Interest

Rate of Interest

• As mentioned in Interest chart (Subject to changes / revision from time to time)

Purpose

• Domestic / Business / Others to be specified

Security

• Need not be insisted upon. But we may accept NSC / Gold ornaments if offered as security. However hypothecation of the goods purchased out bank loan is a must.

Sureties

• One surety of sufficient means.

Terms & Conditions

• Other terms & conditions as applicable.

For more details / clarification please contact your nearest branch.