| Eligibility criteria |
Salaried individuals |
Self-employed individuals |
| Minimum age for making an application |
23 years |
23 years |
| Maximum age for making an application |
65 years or retirement, whichever comes in the first place |
65 years |
| Minimum stay at current residence |
1 year |
1 year |
| Minimum Gross Annual Income (Rs) |
500,000 |
500,000 |
| Total work or business experience |
- 2 years (for loan amounts up to Rs 1 crore)
- 4 years (for loan amounts over Rs. 1 crore) |
- 2 years (for loan amounts up to Rs 1 crore)
- 5 years (for loan amounts over Rs. 1 crore)
|
| Availability of telephone |
Compulsory at both residence and office |
Compulsory at both residence and office |
