1. Salaried persons satisfying the following conditions
2.  
   1. Individual aged between 21 years and 55 years
   2. He / She is a permanent employee of :
   3.  
      1. State / Central Government, the Defence / Police force or Autonomous Body.
      2. A public sector / joint sector undertaking or a Corporation.
      3. Reputed Public Limited Company.
      4. An established education institution / aided college / school.
      5. Any private establishment coming under the perview of Provident Fund / Gratuity Act. 
   4. He / She has a minimum service, so as to ensure that the entire liability is liquidated at least one year prior to his / her retirement.
   5. He / She should have sufficient net take home salary to service the present the loan applied for.
   6.  
      1. The salary of the applicant should be credited to his / her account with the branch and he / she should give a letter in duplicate addressed to the employer undertaking not to revoke the Salary Mandate, without obtaining consent from the Bank. This letter should be sent by Registered Post by the branch to the employer and proof of despatch should be held on record.
3. Pensioners drawing Service Pension (RPR, Family Pensions etc.) through our Bank aged not more than 70 years

Professionals & Self Employed Persons such as Doctors, Engineers, Architects, Chartered Accountants, Lawyers, Consultants, Agriculturists, Business-men etc. aged not more than 65 years having independent income.

• For Salaried persons : Where the salary is being remitted by the employer for the credit of SB / C.A/c of the beneficiary for at least 6 months prior to granting the loan and the mandate on salary is served on the employer with due acknowledgement 
  -- 12 months average net take home salary with a ceiling of Rs.2 lakhs subject to maintenance of 40% take home salary on the Gross salary after reducing the EMI of the proposed loan.

• In case of Non-salaried persons
  -- twice the annual income as per latest Income Tax Assessment Orders / Copy of returns filed, subject to a maximum of Rs. 2 lakhs.

• For Pensioners
  -- 12 months gross pension with a maximum pension of Rs.1.00 lakh.

• Term Loan - for a period repayable more than 24 months
• Demand Loan – for a period repayable in 24 months or below.
• Operative Limit – Cash Credit [Miscellaneous] or Demand Loan with a ceiling of Rs 2.00 lakhs in either case (to only non Salaried persons).

• Entire loan has to be repaid with interest in not more than 48 equated monthly installments.
• Operative Limit – Limit may be fixed for 18 months renewable after review.

• V Cash Pronote Loan can be renewed on satisfactory completion of 24 months from the date of disbursement without attracting pre-payment penalty.
• OD (M) may be reviewed after 18 months.