Establishment Loan

Eligibility: New / fresh employees joining government department, Government Corporation, Joint Corporation, reputed Private Companies with minimum 5 years of operation with turnover. Guarantor of same grade or higher from the same Ministry with minimum of 3 years confirmed service should be obtained.

Rate of interest: 11.73%

Quantum: 50,500 subject to 30% take home pay whichever is lower.

Tenure: Max 1 year.

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Foreign Exchange Rate
Note Buy Sell
US Dollar 67.10 69.30
Pound 82.70 85.00
Euro 71.55 73.50
Yen(100) 58.55 60.20
Swiss Franc 66.70 68.60
Hongkong Dollar 8.65 8.90
Canadian Dollar 50.55 51.95
Australian Dollar 50.65 52.00
Singapore Dollar 47.00 48.35
Danish Kroner 9.60 9.90
Norwegian Kroner 7.90 8.15
Swedish Kroner 7.50 7.70
      Exchange Rate for 20.01.2017 (kindly note that the above mention rates are only for notes)
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