| Beneficiary |
Employees of Punjab Govt., PSU, Boards, Corporations etc. |
| Purpose |
Credit Facility for meeting out socio-economic needs. |
| Loan Limit |
15 times of gross monthly salary or Rs. 4.00, whichever is less. |
| Rate of Intt |
16% p.a. |
| Margin |
No Margin required. |
| Repayment Period |
Maximum 5 years/7years |
| Collateral Security |
Two Good Sureties as per satisfaction of the bank. |
| Area of Operation |
Loan shall be advanced in the area operation in the Muktsar district. |