Frequently Asked Questions
Frequently Asked Questions
Can we open a Savings Account (SB) with the bank?
Yes, eligible members can open a Savings Bank (SB) account with us. The account allows you to safely deposit funds, earn interest, and conveniently access banking services as per applicable guidelines.
What documents are required to open an account?
To open an account, you need to submit basic KYC documents such as identity proof, address proof, recent photograph, and PAN card (if applicable), as per regulatory requirements.
Do I need to visit the branch for loan disbursement?
No, branch visits are not mandatory. Once the loan is approved, the sanctioned amount is credited directly to your SB account. You may withdraw funds at your convenience or visit the nearest banking unit if required.
Can I open a Savings Account without taking a loan?
Yes, you can open a Savings Bank (SB) account even if you do not wish to avail any loan facility from the company.
How is my home loan eligibility decided?
Home loan eligibility is assessed based on your monthly disposable income, repayment capacity, existing financial obligations, and overall credit profile.
What is the minimum and maximum age to apply for a home loan?
The minimum age to apply for a home loan is 23 years. The maximum age at loan maturity should not exceed 65 years or the applicant’s retirement age, whichever is earlier.
How much time does the bank take to process a loan?
After submission of all required documents and information, the bank usually communicates its decision within 7 to 10 working days.
What is the minimum and maximum loan amount available?
The loan amount generally ranges from ₹1 lakh to ₹10 lakh, subject to eligibility, income assessment, and internal policies.
