Criteria Salaried Individual Self-employed Individual
Age 21-60 years 21-65 years
Income The minimum monthly income should be Rs. 20,000 Minimum two lakhs per annum
Stability of work Stable employment status for a minimum of 1 year Stable business status for a minimum of 3 years.
Additional eligibility requirements - ABB should be 0.5 times the EMI amount for self-employed individuals in partnerships or otherwise, the business should have an active landline connection, and the individuals must furnish bank statements of the last three months before applying for the loan.