State/Central Government employees, employees of public sector undertakings, reputed profit making Public Limited companies, MNCs, with a minimum service of two years. The facility shall also be extended to the employees of reputed hospitals & aided educational institutions run by Trusts /Educational societies.
Meet the expenditure on education, marriage, social obligations, travel, etc.
In respect of salaried class who are drawing net take home salary of less than Rs.3,000/- p.m. & their other sources of income is negligible, maximum eligible loan may be up to 8 times of their net take home pay with a maximum of Rs.10,000/- depending upon their repaying capacity.
No Margin is insisted in this Scheme.