This scheme is being made available for all employees to finance any urgent medical or surgical intervention. The maximum sum grantable is Rs.300,000 at an interest rate of 5% refundable over a maximum period of 8 years.
Guarantee – One guarantor in sustainable employment.
Net salary – remaining after loan payment should be Rs.8,000
The medical loan is meant for:
To assist employees and their families in unexpected and immediate medical interventions
For urgent surgeries / medical interventions & treatments