The factors which determine whether you are eligible to apply for a loan or not. These include your monthly income, the source of your income, your qualification, work and credit history, age and number of dependents, and your future plans.

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.