Personal Consumer Installment Loan Scheme
| Eligibility | All Salaried/Professionals/Businessmen who are members/nominal members of the Bank with sufficient monthly net income |
|---|---|
| Purpose | For purchase of consumer durables household articles such as T.V. Refrigerators, furniture, Music systems, Computer and its accessories etc. |
| Amount | Maximum Rs. 1,00,000/- |
| Margin | 25% of the cost of articles + 2.5% share money from share holders |
| Repayment | Maximum 60 monthly equated Installments. |
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©2016 The Malad Sahakari Bank Limited.