
Step up or Step down schemes
This revolutionary option gives you the privilege to plan your repayment either to pay smaller amounts (EMI) initially and proportionally larger amounts (EMI) during the later part of the tenure of the loan or vice-versa. This scheme would give benefit and ease of repayment to the career oriented individual who can plan to have initial smaller EMIs and as he/she moves up the career make larger payments or the well settled executive who has the capacity to pay more EMI presently and lesser amounts around the age of retirement.
Maximum Loan amount that will be sanctioned : 50 Lakhs
Minimum and Maximum tenure of repayment : 5 years / 20 years |