| 1 |
What is CASH-in? |
| |
CASH-in is a personal loan
offered against your Credit Card limit. The EMI
for this loan is billed to your credit card
statement. |
|
| 2 |
How does CASH-in differ
from the normal personal loan? |
| |
In CASH-in, you have a loan
reserved for you against your credit card
limit
which can be availed of without offering
any documents or PDCs unlike a
normal Personal
loan. |
|
| 3 |
How much am I entitled to? |
|
To know your eligibility limit, call us up at any of our 24 hour customer care and speak to our Phone Banking officer who will guide you. |
|
| 4 |
How much is the interest or finance charge? |
|
To know the interest or finance charges, call up 24 hour customer care and speak to our Phone Banking officer who will guide you. |
|
| 5 |
Do I pay any government taxes? |
|
Service tax as per the prevailing rate will be applicable on the interest
component of the EMI, fees and all other charges. |
|
| 6 |
Do I have to produce any documents etc. to avail this loan? |
|
No, all you need to do is either call or SMS or visit the nearest branch and
contact the Asset Desk Manager. |
|
| 7 |
Can I prepay this loan? |
|
Yes, but there will be a prepayment charge of 3% on the principal
outstanding amount. |
|
