Sajawat Home Appliances Loan Scheme

Purpose

For purchase of consumer durable items (TV, Freeze, computer, Furniture etc.)

  • 75% of cost of purchasing item.
  • Maximum Rs.10.00 lakhs

From a, & b whichever is lower.

1) For salaried customer
  • Applicant should have permanent job in government, co-operative or in private sector.
  • Undertaking regarding deduction of installment from salary is required.
  • Total deduction including installment of loan should not be more than 65% of monthly payment.
2) For self employed
  • Applicant should be income tax payee.
  • Latest Income Tax retrun copy.

Maximum 3 years

Item to be purchased & two guarantors

Pre-payment Charges

Nil

  • Pro forma invoice / Quotation from approved dealer.
  • Photographs, identy proof, age proof, photo proof, residence proof of the borrower & guarantor.
  • Income proof of applicant.