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Monsoon Personal Loan
Loan Details
Rate of Interest: 16.5% (Reducing Interest)
Sanction Limit: Rs. 50,000/- to Rs. 2,00,000/-
Documents Required
- Passport Size Photo
- Identity Proof
- Latest 2 Months Salary Statement of Surety with 6 Months Bank Statement
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Two Sureties Required
- SB Account
- Membership with Mahalakshmi Co-Operative Bank
- One surety must be a salaried person
- One surety must be an existing member of the bank
- LIC Assignment (Statement of Surrender Value)
- Driving License
- Voter ID
- PAN Card
- Ration Card
- Pigmy Account Opening is Mandatory for the Borrower
- Should Recommend and Give Information about Vidya Siri Account Facilities to Family and Relatives
Note: All the personal loan conditions will be applicable.