Eligibility Individuals not more than 70 years of age and employed in reputed   organisation or in business or profession with at least three years standing can apply. Individuals seeking employment abroad the age limit is 40 years. Must have regular income and the minimum household income should be Rs.1,20,000/- p.a. Available for taking up employment secured through reputed Man Power Agencies abroad. Purposes For travel abroad for tourism purpose or treatment or seeking employment. For travel in India for tourism purpose. For  meeting the cost of Air Ticket, cost of medical treatment and incidental expenses subject to Foreign Exchange entitlement. For travel with in India the cost of travel, Hotel accommodation, incidental expenses or charges on conducted tour by reputed tour operators.  Loan amount  Maximum loan amount is 12 times the gross monthly household income. Income of spouse can be taken into account for arriving at the loan amount, in such cases loan should be in joint names. In the case of professionals and self-employed people the loan is restricted to amount declared in previous years I.T. assessment order or return. However, the minimum loan amount is Rs.10,000 and the maximum loan amount is Rs.10,00,000/-. The limits for individual components of loan are: 1. Actual cost of air ticket 2. Medical treatment,   Hospitalisation: Rs.5 lakh 3. Incidental expenses:Rs.1 lakh for foreign travel & Rs.50,000 for domestic travel. Margin  Margin of 25% of the cost of air ticket and cost of medical treatment for foreign travel. No margin for domestic travel. Interest rate  Please click Retail credit interest rates Repayment  The loan is repayable in a maximum of 36 Equated Monthly Installments. Repayment holiday 3 months after the date of availing the loan, if desired. Security  For loan up to Rs.1 lac to Employees of reputed organizations where salary is routed through us there is no collateral security. Only a third party guarantee. For others and loans above Rs.1 lac, collatereal security in the form of NSC/LIC policy/Life policies of other private insurance companies/Shares of reputed companies. Loan is allowed up to a maximum of 50% of shares and 90% of other securities. ­ For salaried individuals, salary is to be routed through the Bank till loan is closed. Processing charges Rs.168/- per one lac of loan amount or part thereof ( subject to change) .   Documents  Passport and valid visa for the visit In the case of travel for medical treatment, letter from Doctor/Hospital in India or abroad regarding the nature of ailment and the cost of treatment abroad. Permission from RBI for release of Foreign Exchange wherever necessary. In the case of travel for employment, appointment letter/letter from sponsor/work permit for securing employment. Proof of income/salary certificate/IT assessment order/return. Details of guarantor, income, worth. Details of collateral security offered. Click here to Download the Application Form