State Bank of Mysore
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Eligibility
Individuals, employees of state / central government, Public Sector undertakings, reputed profit making Public limited companies, Multi national companies with a minimum service of two years and drawing a net salary of Rs. 6,000/- or above.
Purpose
To meet personal expenses like marriage, family functions, medical expenses, travel etc.,
Loan Amount
  Upto Rs. 1.50 lacs depending on repayment capacity of the individuals.
   
  Security
  Third party guarantee of equal means. Securities like LIC policies, NSC, KVIP, Shares etc.,
   
  Period of Repayment
  12 months to 36 months.
   
  Type of Loan
  Demand loan.
   
  Rate of Interest (w.e.f. 10.08.08)
 
With check-off facility
16.25%
Without check-off facility (1-3 years)
16.75%
   
  Processing Fee
  1% of loan amount (one time).

 


Chief Manager
State Bank of Mysore
Personal & Services Banking Department
H .O.: K.G.Road, Bangalore - 560009, INDIA
Phone: 91 80 22353901 to 22353909 ; 22353473.extn.380
91 80 22353467 Fax: 91 80 22283684
Email:cmpsb@sbm.co.in


 

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