| Purpose |
To meet expenses of daughter's marriage |
| Eligibility |
Parents having grown up daughters, persons having dependent
sisters and other female relatives,women who require marriage
expenses for self and having / repaying capacity from his
/ her income generating assets or expecting matching funds
to meet the loan commitments or from salary if employed.
The age of the female member should be more than 18 years. |
| Amount of finance |
Twice the NAI or 18 months net home taking pay considering
repayment capacity
Minimum: Rs.50, 000/-
Maximum: Rs.3 lakhs |
| Security |
100 % of loan amount by way of pledge of government
securities, UTI, NSCs, KVPs, TDRs, shares or collateral
security of immovable property equal to 100 % of the loan
amount |
| Repayment |
72 months EMI
No penalty for [prepayment] |
| Processing charges |
0.60 % of the loan amount to a maximum of Rs.500/- |
| Documents Required |
1. Proof of identity
2. Proof of residence
3. Passport size photograph of parents
4. Latest salary slip
5. Wedding card |
