Unplanned or emergency expenses can crop up at any time of our life. If you are planning to get married or want to indulge in an exotic vacation and are falling short of fund, then worry no more. SISCO Bank Personal loan gives you the credit you need, with fixed monthly payment that fits your budget.
- Loan amount:
- Rs. 50,000 to Rs 7,00,000/-
- Rs. 8,00,000/- (For medical Purpose only, Submission of Referral Certificate for medical treatment outside the State by Government of Sikkim is mandatory)
(Take home salary after deduction of the applied loan has to be minimum 35% the gross salary)
- Tenure :12 to 84 months
- Fixed Interest rate.
- Nature of facility: Term loan.
- No prepayment charges on closure of the loan.
- Prompt sanctioning: Once all the required documents are submitted, the loan will be disbursed into your SISCO Bank savings account*.
- Must be Permanent & Confirmed Employee of the Institution / Organization (with minimum 1+ years of regular/permanent service with compulsory GPF/CPF/EPF enrolment )
- Minimum Age: 21 years.
- Maximum Age: -Age of the borrower +Tenure of loan should be at least six months less than the retirement age of the salaried person
- Two regular government employees as guarantors.