Loan sanctioned to women to meet their genuine personal needs like buying household articles, gifts and jewellery.<\/p>\n\n\n\n
Purpose:
To meet genuine personal needs like buying household articles, gifts, jewellery other than speculative purposes.
Eligibility:
Women between 18 and 55 years both existing & new customers.
Married or single.
Working or non working women.
Defaulters under any scheme are not eligible.
Quantum:
For Working women
10 months Gross (OR) Rs.1,00,000\/-, whichever is less.
Minimum take home salary to be 40% of gross salary.
If an business, gross annual income not less than Rs.1.50 lakhs.
Non working women
Max. Rs.50,000\/- IT Payee.
Gross income of family not less than Rs.1.00 lakhs.
Higher amount can be considered with co-obligation of husband\/parent.
She can be entrepreneur, running beauty parlor, Nursery women, bonsai, boutique.
In case the income from rent, in such cases the property must be in the name of borrower.
Security:
No collateral to be insisted.
In case of non working women if loan amount is above Rs.25,000\/- up to Rs.50,000\/-, co-obligation of husband\/parent to be obtained.
Repayment:
24 to 36 months EMI.
Rate of Interest:
11.00 % per annum.
Processing Charges:
0.50 % of loan amount.
Pre-Closer Charges:
1.00% on outstanding balance.
Documentation:
Application Pronote\/Pronote covering letter.
Photograph of the borrower\/co-obligant.
Salary certificate\/ITAO.
Proof of address, proof of income.<\/p>\n","protected":false},"excerpt":{"rendered":"
Loan sanctioned to women to meet their genuine personal needs like buying household articles, gifts and jewellery. Purpose: To meet genuine personal needs like buying household articles, gifts, jewellery other than speculative purposes. Eligibility: Women between 18 and 55 years both existing & new customers.Married or single.Working or non working women.Defaulters under any scheme are not eligible. Quantum: For Working women 10 months Gross (OR) Rs.1,00,000\/-, whichever is less.Minimum take home salary to be 40% of gross salary.If an business, gross annual income not less than Rs.1.50 lakhs. Non working women Max. Rs.50,000\/- IT Payee.Gross income of family not less than Rs.1.00 lakhs.Higher amount can be considered with co-obligation of husband\/parent.She can be entrepreneur, running beauty parlor, Nursery women, bonsai, boutique.In case the income from rent, in such cases the property must be in the name of borrower. Security: No collateral to be insisted.In case of non working women if loan amount is above Rs.25,000\/- up to Rs.50,000\/-, co-obligation of husband\/parent to be obtained. Repayment: 24 to 36 months EMI. Rate of Interest: 11.00 % per annum. Processing Charges: 0.50 % of loan amount. Pre-Closer Charges: 1.00% on outstanding balance. Documentation: Application Pronote\/Pronote covering letter.Photograph of the borrower\/co-obligant.Salary certificate\/ITAO.Proof of address, proof of income.<\/p>\n","protected":false},"author":1,"featured_media":1418,"parent":1251,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"inner-page-retail-banking.php","meta":{"footnotes":""},"class_list":["post-1417","page","type-page","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/karnatakaapex.bank.in\/new\/wp-json\/wp\/v2\/pages\/1417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/karnatakaapex.bank.in\/new\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/karnatakaapex.bank.in\/new\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/karnatakaapex.bank.in\/new\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/karnatakaapex.bank.in\/new\/wp-json\/wp\/v2\/comments?post=1417"}],"version-history":[{"count":1,"href":"https:\/\/karnatakaapex.bank.in\/new\/wp-json\/wp\/v2\/pages\/1417\/revisions"}],"predecessor-version":[{"id":1419,"href":"https:\/\/karnatakaapex.bank.in\/new\/wp-json\/wp\/v2\/pages\/1417\/revisions\/1419"}],"up":[{"embeddable":true,"href":"https:\/\/karnatakaapex.bank.in\/new\/wp-json\/wp\/v2\/pages\/1251"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/karnatakaapex.bank.in\/new\/wp-json\/wp\/v2\/media\/1418"}],"wp:attachment":[{"href":"https:\/\/karnatakaapex.bank.in\/new\/wp-json\/wp\/v2\/media?parent=1417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}