| Purpose |
To provide liquidity to the housewife to purchase jewellery
/ gold ornaments |
| Eligibility |
HOUSEWIFES:
House wife, whose husband is in Central/State Govt./Public/Private
Sector undertakings with a minimum of 2 years service
and having minimum net monthly income of Rs.4000/- P.M.
A housewife, whose husband is a business man or others
like professionals, self-employed, the net annual income
should be Rs.60000/-
WOMAN EMPLOYEES:
Who are working in Central / State Govt. / Public /
Private Sector undertakings or Corporations / Boards
or any other reputed organization, with minimum of 2
years of service having a minimum NMI of Rs. 4000/- p.m.
The EMI should not exceed 35% of the net monthly income |
| Security |
In case of Housewifes:
3 rd party guarantee of her husband, who is the main
income earner / post-dated cheques.
In case of Women Employees:
Check-off
facility from the employer OR Standing Instructions or
PDC / 3 rd party guarantee of husband or a person having
sufficient income and worth |
| Loan Amount |
Minimum: Rs.20,000 and Maximum of 10 net monthly income
or Rs.1,00,000/- whichever is less in case of salaried
class.
One time net annual income or Rs.1,00,000 whichever is less in case of
business persons. |
| Margin |
Nil |
| Repayment |
Maximum 36 months |
