This facility extended is provided in the nature of cash credit limit for facilitating continuous operation based on the day-to-day business needs.
Maximum Amount – 25 Lakhs
Repayment Period – Renewal Every Year
Rate Of Interest – 13.5%
Security – Mortgage
Loan for purchase of Two wheeler and Four wheelers is provided to Self employed entrepreneurial as well as salaried customers of the Bank for their personal use at attractive rates of interest and Repayment Periodranging upto 60 months.
Maximum Amount – 10 Lakhs
Repayment Period – 5Years
Rate Of Interest – 13.5%
Security – Mortgage
The Bank is providing loans to students/parents of students for pursing professional courses like Engineering, Medicine, Computer Education and other courses including technical courses/job oriented courses. The loan is repayable at attractive Rate Of Interest and easy repayment period.
Maximum Amount – 5 Lakhs
Repayment Period – 5 Years
Rate Of Interest – 13.5%
Security – Mortgage
The Bank offers attractive Housing Loan Scheme for construction of a new house/flat as well as extension to existing house. A Comfortable Repayment Periodof 10 years for the loan is provided. No hidden charges
Maximum Amount – 25 Lakhs
Repayment Period – 10 Years
Rate Of Interest – 13.5%
Security – Mortgage
The Gold Loans against pledge of gold ornaments are available at all branches of the Bank.
Maximum Amount - 7.5 Lakhs Per Member
Amount OF Rs.2100.00 PER Gram
Interest Rate - 12% Per Annum
Interest @ Rs.1.00 Per Month
Seasonality | Lending | Recovery Due date |
---|---|---|
Khariff | April to September | 31st March |
Rabi | October to March | 30th June |