Both public and private sector employees of units are supposed to apply for a borrowing at a minimum age of twenty one years. However, they have to make sure they are not over fifty eight years old by the time debt matures. The minimum age needed for self-employed people is twenty four years at the time of application. The maximum age should not be more than 65 years at the expiry of the tenure. Salaried as well as self-employed should have an annual income of 1 lakh 80 thousand to 3 lakhs respectively in order to pass the eligibility test. Salaried people need an overall work experience of two years with a minimum of one year at the same employer. Self-employed people need to remain in the same occupation for a minimum of three years.

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