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Power Drive

: Eligibility

Salaried Individuals

  • Minimum age of applicant: 21 years
  • Maximum age of applicant at loan maturity: 58 years
  • Income: Minimum income of Rs. 1 Lac p.a. for selected models and Rs. 2 Lac p.a. for others
  • Income eligibility: As per latest salary slip or Form 16
  • Employment: Minimum 2 yrs cumulative experience.

Self-employed Individuals

  • Minimum age of applicant: 21 years
  • Maximum age of applicant at loan maturity: 65 years
  • Income: Minimum income of Rs. 60,000/- p.a. for selected models and Rs. 1 Lac p.a. for others
  • Income eligibility - As per latest ITR and computation of income
  • Employment: Minimum 3 yrs cumulative experience in business.

All of the above is subject to terms and conditions.

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Overview
Eligibility
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Scheme for Priority Customers
Scheme for Salary Customers
Fair Practice Code For Lenders