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k> Personal banking > Personal Lending >Other Loan schemes >Ransaviya

Ransaviya I

Self Employment Loan

Maximum Loan Amount

  • Rs.300,000/- (Double the SLRs. Value of the balance available in NRFC A/C)

Security

  • Two Guarantors

Repayment Period

  • 5 Years

Interest Rate

  • 8% p.a. at present

Eligibility

  • Letter from SLBFE
  • NRFC A/C holders with a minimum balance of US$500/- or its equivalent in any other designated currency for a period of 12 Months

Ransaviya II

Purchase of House Hold Items

Maximum Loan Amount

  • Rs.50,000/- (Three times of SLRs. Value of the balance available in NRFC A/C)

Repayment Period

  • 3 Years

Interest Rate

  • 9% p.a. at present

Eligibility

  • Letter from SLBFE
  • NRFC A/C holders with minimum balance of US$ 250/- or its equivalent in any other designated currency for a period of 12 Months
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