Planning to buy Consumer durables like Television, Refrigerator, Washing machine etc?
Do not worry Bharat Bank offers Consumer loans for buying consumer durables at an affordable rate.
What is the maximum amount I can borrow for a consumer loan?
Rs. 1 Lakh is the maximum amount.
In how many years can I repay the loan amount?
60 Months is the maximum period to repay the loan amount.
What is the purpose of the Consumer loan?
The funds from Consumer loans can be purchase of consumer durables.
What is the margin for Consumer loans?
The margin for Consumer loans is 25%.
Who can be my Surety/Guarantor?
There should be one Surety / Guarantor with continuous and adequate income/ net worth.