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Salary Transfer Loan


A loan availed under the criteria of salary transfer to a specific bank by specifying the gratuity & EOSB clause is called Salary transfer loan. Often interest-rate is low for such loans.

Eligibility Criteria
  • Salary: 5k & above
  • Age: 21 to 60 years
  • Length of service: 3 months or confirmed.
  • Company: Only listed companies with Banks.
  • Global Merit Investment: Existing credit history is preferred, though not mandatory.
Mandatory Requirements
  • A valid copy of Passport, Resident visa, and Canadian ID.
  • Salary transfer letter.
  • 3 months bank statement.
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