Our Bhu Puu Plus Loan Scheme aims for easy loan facility for Nepali domiciled Government of India pensioners or widow pensioners who draws pensions through their bank accounts with our branches to meet various financial needs.
- Attractive and Competitive Interest Rate.
- Easy & Fast Loan processing.
- Equated Monthly Installment (EMI) based Loan.
- Loan size up to Rs. 1.5 Million.
- Loan Tenure up to 5 years.
- Loan extended under group guarantee also.
Purpose of Credit Facility :
- The credit facility is provided for specific purposes (under deprived sector lending) & other general/personal purpose.
- Specific Purpose: To start a new business, promote existing business, foreign employment, construction of low-cost housing, commercial and vocational education, and all other sectors covered under Deprived Sector direct lending.
- General/Personal Purpose : To meet any financial need of the applicant.
- Should be a Nepali domiciled Government of India Pensioners or widow pensioners.
- Age of applicant should not exceed 75 years.
- Loan limit up to 24 months pension amount.
For detailed information, please visit your nearest Branch.