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Date : Apr 15, 2009


Dear Sir, I am a salaried person having net income of Rs. 17000/- , I havling a personal loan for Rs. 2 Lakhs from Local Gramik Bank having my salary A/C. from where EMI is being deducted. I wish to have another personal Loan for Rs. 3 Lakh which will take over my previous personal loan of Gramin Bank. The salary will be transferred to new bank on confiring the loan. The EMI will be deducted directly from salary A/C. Please Advice.


You cannot transfer your existing personal loan to another bank.



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