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  #1  
July 3rd, 2017, 03:05 PM
Unregistered
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CSB Bank Loan

Hi buddy I want to apply for Catholic Syrian Bank Limited (CSB) Personal Loan, so would you plz give me brief info about it loan ??
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  #2  
July 3rd, 2017, 03:23 PM
Super Moderator
 
Join Date: Mar 2012
Re: CSB Bank Loan

Catholic Syrian Bank Limited (CSB) is an Indian private sector bank with its headquarters at Thrissur, Kerala, India.

As you are asking for Catholic Syrian Bank Limited (CSB) Personal Loan, so here I am telling require info :

Purpose
The purpose of the loan is to meet the personal necessities of the applicant

Eligiblity
Employees of reputed organisation with minimum 3 years of confirmed service

Quantum of loan per employee

1. 10 times of gross monthly salary subject to upper ceiling fixed by the bank from time to time.

2. Total deductions towards loan repayment including the instalments of the proposed loan should not exceed 50% of gross salary.

Tenure
Maximum : Upto 60 months

Repayment
In EMIs (Total deductions including proposed EMI should not exceed 50% of gross salary of the applicant)

Guarantee
Personal guarantee of one confirmed employee.

Documents Required

1. KY
C Documents - Identity proof and address proof

2. Latest salary slip OR certificate (with date of superannuation or document evidencing remaining period of service of the applicant)

3. Latest 6 months updated operating bank statement.

4. Proof of length of completed service

5. Undertaking from salary disbursing authority.


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