Welcome to Chatrapati Multistate
Welcome to Chatrapati Multistate
A loan against Salary is a unique private loan, which is an option for salaried people to meet their self and family necessities, such as medical emergencies, higher education expenses for children, house renovation, tour or wedding expenses, etc.
Chatrapati Multistate introduces Loans against salaries with their quick services and promptness.
Scheme Name | Loan against Salary |
Purpose of the Loan | To Meet The emergency Financial Needs. |
Eligibility | Minimum Annual Income- 1.8 Lakhs. |
Loan Amount | Max. the loan amount is Rs. 50K |
Margin |
For loans up to Rs. 1Cr.- of the value of the respective property For loans above Rs. 1 Cr.- of the value of the respective property |
Repayment method | A maximum repayment period of 1-5 years. |
Rate of Interest | 18.00% |
Security | Bank will ask for collateral security above the Loan Amount of Rs.___/- |
Processing Fees | 3-6% of the loan amount + GST. |
Guarantor | Two guarantors of good means. |
Documents | |
Applicant |
Address Proof (Passport / Aadhar Card /Driver’s Licence / Voters ID) Income Proof - 3 Months' Salary Slips / 3 Year ITR Bank Statements for last 6 months of main operational/salary bank account Company ID Card / Shop Act Light Bill Photo Copy Passport Size Photograph |
Guarantor | Photo, Photo ID, Residence proof, Income Proof |
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