Overview
Loan without a commitment of salary transfer to a specific bank is Non-salary transfer loan. Often it is expensive as compared to Salary transfer loan and loan amount would be a maximum of 5-8 multiples of salary.
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Eligibility Criteria
- Salary: 5k & above
- Age: 21 to 60 years
- Length of service: 6 months or confirmed.
- Company: Open for both listed & non-listed companies.
- Global Merit Investment: Existing credit history is preferred, though not mandatory.
Mandatory Requirements
- A valid copy of Passport, Resident visa, and Canadian ID.
- Salary certificate/Payslips.
- 3 months bank statement.