Festival Loan

In view of the festive season the bank has introduced the festival loan scheme. Meet your consumption and business needs up to Rs. 2 lac with minimum paper work.


  • For expenses in festivals /festive season

Who Can Borrow

  • Permanent employees working under State/Central government /Educational Institutions /P.S.U./School ( Registered Under societies act) The employees must be of Uttarakhand Cadre
  • Professional /Self Employed/Businessman (who are permanent resident of the region )
  • Minimum CIBIL Score 700 or -1


  • Salaried employees whose monthly net income Rs 10000/- (nettake home salary )
  • Non salaried persons whose net yearly income is not less than Rs. 150000/-(Proof : income tax computation of previous three years )

Amount Of Facility

  • Maximum Rs 200000/-


  • Nil

Rate Of Interest

  • The rate of interest as decided by the bank from time to time would be applicable


  • Nil


  • Two guarantors who are permanent resident of the area


  • 12 to 48 months

Processing Charges

  • Nil

Share Holding

  • 1.5 % of loan amount*
  • *Loans up to Rs. 1 lac – only nominal memembership needed

Documents Required

  • Photograph , PAN and KYC documents of borrower and guarantor
  • ITR of three years
  • Post dated cheques (where saving account is with other bank)

To apply for Festival Loan, please download the below listed form and submit it to your nearest branch


Note : Scheme is valid from 01.07.2022 to 31.032023