Purpose
To meet the expense in connection with the travel abroad by individuals or family members
Loan Amount
Individuals are eligible for amounts up to Rs 1.50 Lakhs
For Families can get loans up to Rs 3 Lakhs
The amount can include Cost for Train / Air fare, hotel stay, other conveyance cost and expenses
Eligibility
Resident individuals with adequate income or Salaried group with minimum Basic pay of Rs 2000/-
Period of Loan
Loan period can be up to 33 months with a cushion period of 3 months
For salaried group period of loan should be within retirement age
Rates & Charges
Please refer rates & charges page
Repayment
By Equated Monthly Installments with Interest
Co-obligant
Spouse / other major members of the family proceeding on tour
Security
Collateral security is required - can be Land and Buildings, Gold Ornaments, NSC / IVP / KVP / Deposits with the Bank or shares of high growth companies