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Star Holiday Loan Scheme
 
Eligibility Salaried employees/ Professionals/Self-employed /People engaged in business/Individuals with high net worth/Agriculturists/Pensioners/Staff members
Type of Advance Demand Loan (reducible as per repayment schedule)
Quantum of advance Max. Rs.2.00 lacs (clean)

Max. Rs.5.00 lacs (in case liquid collateral security is offered like TDRs, NSCs,IVPs, KVPs, LIC Policy (Surrender Value) etc. atleast equal to 50% of loan amount sanctioned)

Rs. 10.00 lacs (In case liquid collateral security is offered like TDRs, NSCs,IVPs, KVPs, LIC Policy (Surrender Value) etc. atleast equal to 100% of loan amount sanctioned)

Pensioners : Max. Rs.1.00 lac

Minimum size of loan :-

At Metro and Urban Centres : Rs.10,000/-

At Rural and Semi Urban centres: No minimum size of loan.
Purpose To meet the expenses (like airfare/Train/Bus charges, expenses for accommodation, sight seeing, etc.) for going for pilgrimage/tours/excursions etc. undertaken/to be undertaken by Self/spouse/children/ parents/family members/close relatives of proponent within India or abroad.
Margin No specific margin. Loan amount not to exceed proposed expenditure/requirement.
Repayment Maximum in 24 EMIs (Equated monthly instalments) w.e.f one month after first disbursement from loan account. In special/exceptional case, upto 36 EMIs.
 
 
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BOI Star Holiday Loan