Loan Against salary Scheme for Workers on Fixed Emoluments/Wages HPStCB Loan Scheme to cater the needs of all the workers on honorarium having the salary account with the Bank.
Loan Against salary Scheme for Workers on Fixed Emoluments/Wages EMI Calculator Loan Amount 1L 5Cr Tenure (months) 12 360 Interest Rate 6% 18% Equated Monthly Installment (EMI) will be 8606
HPSCB Loan : Features HPStCB Loan Scheme to cater the needs of all the workers on honorarium having the salary account with the Bank. Maximum limit of Rs. 5 Lakhs depending upon the income and repaying capacity of the applicants. Lowest Interest Rates Low Processing Fee No Hidden Charges No Pre Payment Penalty Repayment up to 7 years. Mandatory Loan protector financed by the Bank Guarantee from the spouse of the borrower (or any adult member of the family in case the spouse is not alive/available)
HPSCB Loan : Eligibility Himachali Anganwadi workers/ ASHA workers/ 3. Silai (Sewing) Teachers/Mid-Day Meal Workers/ Jal Vahaks of Education Department/Water guards of Jal Shakti Vibhag/ Multi-Purpose/ Multi Task Workers / Para fitters of Jal Shakti Vibhag. 9. Panchayat Chowkidars 10. Revenue Chowkidars 11. Pump Operators of Jal Shakti Vibhag/Home Guards/Any other who are Bonafide Himachali. Age: Minimum 18 years to maximum age 55 years at the time submission of application.
HPSCB Loan : Documents Application on the prescribed format. Bank account statement of Last three months Copy of contract offered by the organization. Certificate from employer that the services of the concerned are not transferable outside the state of Himachal Pradesh, if any. Affidavit/Undertaking from borrower that the salary account of the concerned shall not be transferred from the branch during the time period of loan. KYC documents
