Call Us :
0487- 2387407, 9037182433
Loan
I. Gold Loan
We offer Gold Loans to our 'A' class share holders with minimal procedures and a convenience to avail on thespot
| Gold Loan | Period | Interest | Rate |
|---|---|---|---|
| 1 - Month | 8.80 % | 5800/grm | |
| 3 - Month | 9.50 % | 5600/grm | |
| 6 - Month | 9.50 % | 5500/grm |
II. Easy Loan
We offer Easy Loans to our 'A' class share holders with minimal procedures.
Int rate: 10.50%
Duration: 2 year
Maximum Amount: One Lakh
III. Mortgage Loans
We offer Mortgage Loans to our 'A' class share holders with following procedures.
Interest rate: 12.50%
Duration: 5 year
1. Documents Required for Mortgage Loan- 2. Original and prior title deeds
- 3. Latest tax receipts
- 4. Encumbrance certificate from the Sub Registrar for the last 15 years.
- 5. Location Certificate
- 6. Location Sketch
- 7. Land Acquisition Certificate
- 8. Possession certificate
Interest Rebate
1% interest rebate shall be allowed to Loanees who correctly pays loan on each installment dates without any dues.
The Director Board of the Bank has resolved to enhance the interest rates on loans and advances with effect from 01.07.2014 as mentioned herewith.
| Loan Types | Interest Rates |
|---|---|
| Mortgage Loan | 12.50% |
| Easy Loan | 10.50% |
| Gold Loan | 8.00%, 10.00% |
IV. Vehicle Loans - 2 Wheeler
We offers Vehicle Loans to our 'A' class share holders with following procedures.
Interest rate: 10.50%
Duration : 3year
- 1. Maximun Amount - 75000/- or 85% of market price of vehicle
- 2. Interest Rate - 12.00%
- 3. Duration 3 Year
- 4. Two Sureties of 'A' class Share holders
V. Vehicle Loans - 4 Wheeler
We offers Vehicle Loans to our 'A' class share holders with following procedures.
Interest rate: 9.50%
Duration : 7 year
- 1. Maximun Amount - 7,00,000/- or 85% of market price of vehicle
- 2. Interest Rate - 9.50%
- 3. Duration 7 Year
- 4. Two Sureties of 'A' class Share holders
- 5.Document & latest tax receipt copy favoring loanee or surety
