| JOINT LIABILITY GROUP (JLG) | MICRO BUSINESS LOAN | ENTERPRISE DEVELOPMENT LOAN | DEMAND LOAN |
|---|---|---|---|
| HOME IMPROVEMENT LOAN |
The Personal Loan product is designed to meet the customers need for accessible credit for personal requirements. It is a loan scheme for purchase of consumer durables such as TV, fridge, microwave, computer, etc.
The product is to be offered only to salaried customers of NESFB having salary accounts with the bank. The loan has check-off facility against salary credit.
The main features of the Personal Loan product are as follows –