PURPOSE - To meet Tour Expenses For Holidays For Domestic And Overseas Travels.  It includes cost of tickets, Hotel stay, Visa, Airport Tax, Purchase of Basic Travel Quota, etc.

AMOUNT -

• Minimum – Rs. 25,000/-

• Maximum – Rs. 10,00,000/-

ELIGIBILITY - Salaried Individual, Employed with State/Central Govt., Psu/Public Ltd. Co.’s, MNC or reputed Co.’s with minimum two years of service, Pensioners, Self Employed, Professionals and Businessmen with minimum 2 years of stable business etc.

ENTITLEMENT -

• 12 times of net monthly income for salaried individuals and pensioners.

• One year net annual income for self-employed / businessmen.

  • Domestic Travel – Maximum Rs. 2,00,000/-

  • Overseas Travel – Maximum Rs.10,00,000/-

RATE OF INTEREST & REPAYMENT - 15% p.a. Payable in 12, 24 or 36 EMI’s

OTHER CHARGES - Processing fees, Documentation and Share linkage as per our usual norms.

DOCUMENTS REQUIRED -

• Latest two months Salary Slip and Form No.16 for two years for salaried individuals.
• I. T. Returns for last two years for self-employed, professionals/businessmen.
• Copy of Ticket, Copy of Invoice, ticket fares & Insurance charges, copy of pass port and visa (for overseas travels)
• Other usual documents like, D. P Note, Letter of Surety Loan Agreement etc.
• PDC’s of other Bank.
• Holiday Package with Tour operator - Proof of Booking required for direct payment to Tour operator.

SECURITY - Adequate security in case of Loan amount exceeding Rs.1.00 lakh.

GUARANTORS - Two guarantors of adequate means at-least one should be outsider.