• Marriage related expenses in the family
• Health or medical treatment related expenses
• Personal financial requirements
• Other miscellaneous expenses etc.,

• Age : 21-55 Years.
• Minimum confirmed service of 2 years and Employee should have left over service of 18 months and loan should be closed 6 months prior to date of retirement.
• Employees with minimum 2 yrs of confirmation service (permanent employees) in Govt Departments of State and Central , Public sector undertakings(PSUs), *profit making public limited companies, Reputed Private Companies and Multi-National Companies etc.,
• CIBIL Score: Should not be less than 700.
• Recovery of EMI's will be through CHECK-OFF facility or through ECS/SI from salary account maintained with our Bank.
• Net Annual Income: 3 to 5 Lakhs-------- EMI/NMI ratio: 50%
• Net Annual Income: Above 5 Lakh-------EMI/NMI ratio:60%

• Checkoff Facility - 11.00% P.A
• Without Check off facility -12.50% P.A

• Min limit - Rs.50,000/-
• Maximum Loan limit - Rs.20,00,000/-

Loan repayment period: 72 Months

Latest Income Related Documents : Last 3 Months Salary Slips

                                                          Last 2 years form-16's

                                                          Latest 6 months Salary Account Statement

direct link to service charges

Personal guarantee from two employees of same department not below the rank of applicant and having salary account with the branch/check off facility and their leftover service should be more than the loan repayment period. Further the guarantor should have minimum confirmed service of 2 years. The loan account should be covered under liability insurance under “SBI Life RINN Raksha Scheme" invariably.