||Minimum amount of loan will be Rs.50000/- and Maximum amount of loan Rs.5,00,000/- or 15 times monthly net salary whichever is less.
||(i) Confirmed Govt. employees of State/Central Govt.
|(ii) Who are due for retirement in the near future may not be entertained.
|(iii) The place of posting/working should be Chandigarh/Panchkula.
||To meet the urgent requirements of personal nature such as education, marriage of children, foreign travel, family functions, medical expenses etc.
||60 months or residual service period whichever is less.
||i. Third Party guarantee of one employee acceptable to the Bank in case where salary account not maintained with Own Bank Branch.
|ii. Third Party guarantee of one employee or insurance of loan amount in cases where salary account maintained with The Panchkula Central Coop. Bank (except Own Bank staff) .
|iii. The Guarantor(s) CIBIL Score below 600 will not be accepted
|iv. Advance check (PDCs) wherever applicable
||Rate of Interest
||Fix rate option. For General @11.50% and For Staff (Own Bank/HARCO/ARCS) @10.00%