Teachers Loan

“A teacher affects eternity; he can never tell where his influence stops”- Henry Brooks Adams

Teachers are the backbone of the school and play a vital role in maintaining high standards of education. We understand your requirements better and pleased to introduce Teachers Loan for their personal needs.

Product Details

Features

  • Loan Amount- Secured loans upto Rs. 5 lacs and Unsecured loans upto Rs 3 Lac (Subject to financier guideline)
  • Interest Rate- ROI varies from lender to lender and is curated as per the borrower’s needs and eligibility.
  • Tenure- EMI options upto 60 Months.
  • Collateral- Loans can be either secured or unsecured, i.e., you may or may not be required to mortgage a collateral to avail of the loan. Wide range of acceptable collateral.

Purpose

  • To fulfil personal financial requirements.
  • Purchase of Furniture & Fixtures.
  • Purchase Consumer Durables.
  • Medical Emergency.
  • Balance transfer of your existing loan liabilities.

Eligibility

  • Age between 21 to 55 years.
  • Account Credit Salary.
  • Graduate from any stream.
  • Minimum one year of Teaching experience.

Documentation

  • KYC Documents –ID proof, Residence proof & Pan card
  • Banks statement
  • Salary Slip / Pay certificate (If applicable)
  • Collateral (for Secured Loan Ony)- Collateral Security documents as per legal & technical report.
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