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Purpose Personal Expenses Home Loan Education Loan
Eligibility Personnel of Indian army, Indian Navy, Indian Air force, Indian coast guard and paramilitary forces with min two-year of service Personnel of Indian army, Indian Navy, Indian Air force, Indian coast guard and paramilitary forces with min two years of service Personnel of Indian army, Indian Navy, Indian Air force, Indian coast guard and paramilitary forces with min two years of service
Amount of Loan Commissioned officers: Maximum upto 5.00 lakh Max : Rs 140 lakh
  1. India – Rs. 75 Lakhs
  2. For medical courses – Rs.150 lakhs
  3. Abroad – Rs. 500 lakhs
  4. Vocational courses – Rs.10 lakhs
Junior Commissioned Officers: Maximum upto 3.00 lakh
Non-Commissioned Officers: Maximum upto 2.00 lakh
Jawans: Maximum upto Rs 1.00 lakh
Basis of advance As per Saraswat Insta Personal Loan scheme. As per Saraswat Home Plus scheme. As per Saraswat Udaan Education Loan scheme.
Security As per Saraswat Insta Personal Loan scheme. As per Saraswat Home Plus scheme. As per Saraswat Udaan Education Loan scheme.
Guarantors As per Saraswat Insta Personal Loan scheme. As per Saraswat Home Plus scheme. As per Saraswat Udaan Education Loan scheme.
Repayment Maximum 60 months Max 240 months Maximum 15 years including moratorium period.
Processing fee Nil Applicable as per Saraswat Home Plus scheme. As per Saraswat Udaan Education Loan scheme.
Rate of interest As per Saraswat Insta Personal Loan scheme. As per Saraswat Home Plus scheme. As per Saraswat Udaan Education Loan scheme.
Shareholding Rs. 500/- Upto 1 Cr - Rs. 1000/-
Above 1 Cr - Rs.25000/-
Upto 1 Cr - Rs. 1000/-
Above 1 Cr - Rs.25000/-