13.55 - 13.55
100000.00 - 1500000.00
Apply for the loan amount 10 times of salary or Rs.15 Lacs whichever is lower, if your employer undertakes to deduct the loan installment from salary and remit to us or the salary is routed through the loan granting branch.
For others, it is 5 times of salary or Rs. 1 Lac whichever is lower. For LIC agents, the maximum loan is up to 10 times average monthly commission or Rs.10 Lacs, whichever is lower.
Repayment in a maximum of 60 months in case the loan is for 10 month salary and 36 months in case the loan is for 5 months salary.