Question:

What are the terms and conditions of cent computer loan by Central Bank of India?

by Guest7568  |  12 years, 8 month(s) ago

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If I avail cent computer loan by Central Bank of India, What would be the terms and conditions for it?

 Tags: bank, cent, Central, computer, Conditions, India, Loan, terms

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  1. Guest36
    Computer / Laptop and accessories will be comprehensively insured with Bank clause through Bancassurance.
    In case of minor students, father / guardian of the student will be principal borrower. In case student is major, he will be taken as co-borrower, with father / guardian of the student will be principal borrower.
    Father / guardian / borrower should have known source of income to repay the installments.
    In case of salaried persons the take home pay should not be less than 50% after taking in to consideration present loan installment.
    Income of professional should be ascertained from last two years IT Returns.

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