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.
Loan against Salary
Purpose of the Loan
To Meet The emergency Financial Needs.
Minimum Annual Income- 1.8 Lakhs.
Max. the loan amount is Rs. 50K
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
A maximum repayment period of 1-5 years.
Rate of Interest
Bank will ask for collateral security above the Loan Amount of Rs.___/-
3-6% of the loan amount + GST.
Two guarantors of good means.
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
Photo, Photo ID, Residence proof, Income Proof