#1
July 21st, 2016, 02:59 PM
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BOB Bank Personal Loan Eligibility
Hey I want to take the personal loan from the Bank of Baroda so can you please tell me that what is the eligibility for the loan so I can have an idea ????
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#2
July 21st, 2016, 03:12 PM
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Re: BOB Bank Personal Loan Eligibility
Hi below I have given you the details for the personal loan from the Bank of Baroda so you can have a look BOB Bank Personal Loan Eligibility The Scheme is based on the concept of 'CHECK - OFF'. 'CHECK - OFF' by which the salary disbursing authority undertakes to deduct loan installments from the salary of the borrower and remits the same to the Bank for credit of the Loan account You must be a permanent confirmed employees of Central/State Govt. /Autonomous Bodies /Public/ Employees of Proprietorship, Partnership firms and Pvt. Ltd. companies are not eligible Employees maintaining any Salary linked Loan/ Overdraft accounts with any Bank are not eligible for this Scheme Age Limit Minimum Age 21 Years Maximum Age Age of Borrower plus repayment period should not exceed retirement age Minimum Net Monthly Income (NMI) Minimum Net Monthly Income (NMI) of the employee should be Rs.10,000/- Loan Limit : Rs. 10.00 Lacs or 24 times of Net Monthly Income (NMI) which ever is lower. : Rs. 5.00 Lacs or 24 times of Net Monthly Income (NMI) which ever is lower. Repayment Maximum -84 months in Equated Monthly Installments |
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