The Government Information Center

Education - Local and Abroad

This facility is offered to meet the requirements of educational, living and medical expenses (Local / Abroad).

For Whom

• Persons who are seeking higher education (Undergraduate & Post Graduate Studies)

Maximum Limit

• Local - Rs. 0.5 Mn
• Abroad - Rs. 1.5 Mn
  (Proven expenses only)

Period

• 3 Years on Personal Guarantors and
• 5 Years on Property Mortgage

Securities

• Any Security acceptable to Bank for loans upto Rs. 100,000/-
• Property Mortgage for loans above Rs. 100,000/-

Vehicle Loans

This facility is offered to purchase brand new, reconditioned unregistered, pre-owned vehicles for personal use.

For Whom

• Permanent employees, self-employed personal or those with proven repayment ability.

Maximum Limit

• 75% of the valuation/invoice value for new vehicle
• 50% of the valuation/invoice value for used/recondition vehicle

Period

• 3 Years on used vehicles
• 5 Years on new vehicles

Securities

• Mortgage over the vehicle to be purchased and 2 guarantors acceptable to the Bank or,
• Any other security acceptable to the Bank

Any Purpose Loan - "Pahasu" Loan Scheme

This facility is offered as a solution for any given personal financial need of an individual.

For Whom

• Permanent employees, self-employed with monthly provable income.

Maximum Limit

• Rs. 500,000/-

Period

• 3 Years on Personal Guarantors and
• 5 Years on Property Mortgage

Securities

• Any Security acceptable to Bank for loans upto Rs. 150,000/-
• Property Mortgage for loans above Rs. 150,000/-