Welcome to Chatrapati Multistate

Welcome to Chatrapati Multistate

Loan Against Salary
Apply For Loan


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

EMI Calculator


Equated Monthly Installment (EMI)

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