Monsoon Personal Loan

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Rate of Interest: :16.5% (Reducing Interest)

The sanction limit is Rs.50, 000/- to Rs.2, 00,000/-

Documents required for Monsoon Personal Loan:

  • Passport size photo.
  • Identity Proof:
    • Latest 2 months salary statement of surety with 6 months bank statement
    • 2 Surety – (SB a/c, membership with Mahalakshmi Co-Operative Bank, and one of the sureties must be a salaried person)
    • LIC Assignment (Statement of Surrender value)
    • One of the sureties must be an existing member of the bank
  • Driving License
  • Voter ID
  • Pan Card
  • Ration Card
  • Pigmy account opening is mandatory for the borrower
  • Should recommend and give information about Vidya Siri account facilities to their family and relatives

NOTE: All the personal loan conditions will be applicable