| 1 | Maximum Limit | Rs. 1.00 lakh per borrower employee. | ||
| 2 | Eligibility | Employees of Government Department/Boards/ Corporations/ Statutory Bodies etc. | ||
| 3 | Purposes | For purchase of consumer durable goods like Computers, TV, Refrigerators, Household furniture, washing Machine etc. for self-use. | ||
| 4 | Eligibility Criteria | An employee can avail this loan to the extent of 10 times of his net monthly salary with a maximum limit of Rs. 1.00 lakh. | ||
| 5 | Margin | 10 %. | ||
| 6 | Repayment Period | 5 years. | ||
| 7 | Security | Hypothecation of assets/articles purchased. | ||