phone
1800 220 229 1800 103 1906 022-4091 9191
#

Personal

Star Holiday Loan Scheme

Eligibility

Salaried employees/ Professionals/Self-employed /People engaged in business/Individuals with high net worth/Agriculturists/Pensioners/Staff members

Just give a missed call on 8010968305 or SMS <PL> to 7669300024.

Please visit your home branch for details

Type of Advance

Demand Loan (reducible as per repayment schedule)

Quantum of advance

Max. Rs.2.00 lacs (clean)

Max. Rs.5.00 lacs (in case liquid collateral security is offered like TDRs, NSCs, IVPs, KVPs, LIC Policy (Surrender Value) etc. at least equal to 50% of loan amount sanctioned)

Max. Rs. 10.00 lacs (In case liquid collateral security is offered like TDRs, NSCs, IVPs, KVPs, LIC Policy (Surrender Value) etc. at least equal to 100% of loan amount sanctioned)

Pensioners : Max. Rs.1.00 lac

Minimum size of loan:-

At Metro and Urban Centers: Rs.10, 000/-

At Rural and Semi Urban centers: No minimum size of loan.

Rate of Interest

Particulars Rate of interest
Fully Secured 1 Year MCLR + 4.50%
Clean/Unsecured 1 Year MCLR + 5.50%
For Senior Citizens aged 60 years & above for loans upto Rs.50,000/- 1 Year MCLR + 3.50%
Financing Secured under tie-up arrangements 1 Year MCLR + 4.50%

Purpose

To meet the expenses (like airfare/Train/Bus charges, expenses for accommodation, sightseeing, etc.) for going for pilgrimage/tours/excursions etc. undertaken/to be undertaken by Self/spouse/children/ parents/family members/close relatives of proponent within India or abroad.

Margin

No specific margin. Loan amount not to exceed proposed expenditure/requirement.

Repayment

Maximum in 24 EMIs (Equated monthly installments) w.e.f. one month after first disbursement from loan account. In special/exceptional case, up to 36 EMIs.

next