Age

1. You must be at least 23 years of age when the loan is sanctioned for Salaried Employees/Professional and Self Employed Persons/Businessman.
   
   
2. Other cases can be taken up as special case and subject to approval of higher authorities of the bank.
   
   
3. The loan applications in which point no. 1 and 2 are not satisfied, a guarantor is taken as additional co applicant satisfying the criteria.

Income

1. Net Income of the concern should be greater than Rs. 100,000 P.A for Salaried Employees/Professional and Self Employed Persons/Businessman.
   
   
2. Maximum of two persons income of the partners/directors holding a minimum of 25% stake each can be clubbed to the income of the concern.
   
   
3. It can be increased/ enhanced by clubbing income of maximum three persons, which can be family members in tree/chain or co partner in business or co partner in property.

Stability

1. The business should have good future and growth prospects for the businessman.
   
   
2. Business continuity should be more than 5 years.
   
   
3. Business must be profit making for the last 2 years.
   
   
4. If you are a salaried individual, you should have a continuous minimum employment for 3 years or more.
   
   
5. Business should be in continuous profits for the last three years.
   
   
6. You can include your spouse/parents/children as co-applicant to maximum of three applicants.
   
   
7. Permanent Salaried Employees/Professional and Self Employed Persons/Businessman, having regular income to liquidate loan.