The Composite Loan may be advanced for following purpose.
like B.E., M.B.B.S., Post Graduation Course etc..)
An Individual who is Nominal / Associate Member is eligible for Composite Loan.
He should have monthly assured income either by way of salary or by profession or other self employment profession. He should have at least monthly net income of not less than Rs. 12,000/- p.m. from the available sources. For the purpose of income, income of the spouse may also be considered if she/he is co-obligant.
Maximum Limit of the loan shall not exceed Rs. 5-00 Lakhs.
*Rules are subject to change from time to time.For further details please contact nearest branch.