SARAL
Loan for permanent employees of various organizations
(welfare boards, plantation corporations, estates etc.)
| This is a short-term loan to the permanent employees who are working under various organizations (welfare boards, plantation corporations, estates etc.) approved by the bank from time to time to meet any legitimate purpose. | |
| Quantum of Loan | Ten times of average wages/salary paid during the immediate previous three months or Rs. 2 lakh whichever is less. |
| Repayment period | Maximum 60 months in equated monthly instalments (EMI) |