An emergency loan is a loan that you can use to get out of a financial bind. It is an unsecured personal loan that does not need
any form of security and can be utilised to cover a variety of personal emergencies. When unexpected financial costs arise,
such as medical bills, tuition expenditures, or even wedding expenses, you can take out an emergency loan.
- Maximum limit of an emergency loan : Rs. 50,000/-
- Interest rate of an emergency loan is 18% P.A. (Reducing Rate)
- Shri Raj Emergency Loan Scheme : Medical emergency loans will be provided within 7 days of application at lower interest rate.