NEW PERSONAL & TWO WHEELER LOAN SCHEMES FOR GOVERNMENT EMPLOYEES
Personal Loan Scheme
Interest rate – 13.00% fixed and diminishing for loans up to Rs.1 lakh and 13.50% fixed and diminishing for Rs. 1,00,001 to Rs. 3 lakhs. 0.25% interest rebate for prompt repayers No pre-closure penalties Bulk payment option with interest waiver facility Loan is given to employees of State/ Central Government, Quasi Government, Public Sector Undertakings, Local Bodies, Autonomous Bodies, Public Sector Banks etc.
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Loan period - minimum of 24 months and maximum of 48 months
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Two Wheeler Loan Scheme
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Loan up to 95% of the invoice amount, including road tax and insurance amount |
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Maximum loan payable- Rs. 1 lakh |
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Loan period - minimum of 24 months and maximum of 60 months |
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Interest rate – 12.50% fixed and diminishing |
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0.25% interest rebate for prompt repayers |
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Insurance cover at low premium under the agreement KTDFC has with Oriental Insurance Company Ltd./ National Insurance Company Ltd./ State Insurance Department |
| ◊ | No pre-closure penalties |
| ◊ | Bulk payment option with interest waiver facility |
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Loan is given to employees of State/ Central Government, Quasi Government, Public Sector Undertakings, Local Bodies, Autonomous Bodies, Public Sector Banks etc. |
