All  persons  with  an assured income either by way of salary or otherwise and who are not otherwise disqualified to enter into contract, and who are holding a Savings Bank / Current Account with  the  Bank  may  be  advanced  loans  for  purchase  of  consumer durables  under these rules provided that they are residing within the area of operation of the Bank. sureties.  However, the place, the date and the time of such auction shall be notified both to the loanee and sureties.

   

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