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Unique features of MSIL HOMAKER Hire Purchase Scheme
• Easy payment terms by way of salary deduction.
• Limited formalities for availing loan.
• Flexible down payment options.
• Flexible repayment period
• Lowest EMI.
• No hidden charges.
• 100% finance scheme also available.
• Interest rate of 2/3rd on balance interest due allowed for preclosure of account.
Eligibility
All permanent employees of the State Government and State owned undertakings, boards, corporations etc who have not completed 55 years of age are eligible to avail the facility.
The employees availing the facility should provide a guarantor who is working in the same Dept./Office.
Passport size photograph each of hirer and guarantor.
Recent salary certificate duly signed by the Drawing Officer of hirer and guarantor.
Address proof (Ration card, Telephone Bill, LIC, DL, Passport, Voter ID etc.)
Identity proof.
 

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