To meet personal financial fund requirements.
|Category / Rank||Loan Limit|
|JCO (Warrant Officer to Master Warrant Officer)||BDT 15 Lac|
|NCO (Corporal to Sergeant)||BDT 10 Lac|
|Sainik to Lance Corporal||BDT 7 Lac|
- Tenure: Maximum up to 10 years.
- Processing Fee: nill.
- Security: Pension / Other end service entitled benefits of the concerned borrower(s) will remain lien in favor of the Bank.
In service Defence Personnel (other than Officers) who have attained pensionable service / who have completed 10 (Ten) years of service (whichever comes earlier) will be eligible for being the applicant for the loan facility under the scheme.