Fully CBS ...../ ........ LOCKER Facility ........ / ........ NEFT & RTGS Facility ........ /

Loan Schemes

Car Loan

PURPOSE

Purchase of Four wheeler/ two wheeler for personal use or vehicle for business perpose

MAX. AMOUNT / ELIGIBILITY / MARGIN

  1. Maximum Rs. 75.00 lakh.
  1. 90 / 80% of vehicle quotation for purchase of vehicle including Show Room Price, One time tax, Insurance & Registration charge.
  2. Loan Eligibility = (Repayment capacity X 100000 )/ EMI  for Rs. 1,00,000/-.

Wherein,

Repayment Capacity = Net monthly Income(Less) minimum Take home Pay(Less) Other Loan deduction.

Minimum Take Home salary/ Income = 40% of the Net Income/ Salary p.m. Subject to Minimum of Rs. 10000/- & Maximum of Rs. 20000/-

Which ever is lower among 1 , 2 & 3.

Which ever is lower among 1, 2, 3 & 4. REPAYMENT

  1. New :Upto 84 months
  2. Pre-owned vehicles :Upto 36 months.

Rate of Interest see our latest rate of Interest

Home Loan

PURPOSE

  • Purchase of Flat (New or Resale)
  • Construction of House,
  • Extension to existing Flat / House
  • Takeover of Housing Loan from other Financial Institutions, etc.


MAX. AMOUNT

  • Maximum amount of Rs. 70.00 Lakh.


ELIGIBLITY

  • Any Individual (Businessman, Professional, Self- Employed, Salaried Person having Regular source of Income)
  • Property should be in the name of Applicant.
  • The Co-applicant is necessary for Housing Loans. Co-applicant will mainly be spouse or son or daughter or father or mother of the Principal Borrower and he/she may be an earning or non-earning member. In these cases the income of the Co-Applicant can be clubbed for calculation of eligible loan amount. In the absence of the above Co-applicants, Brother or Sister may be taken as Co-applicant, but their Income shall not be clubbed for calculation of eligible loan amount.
  • In case of joint Agreements in Housing Loans, the Purchasers (Owners) will be the Borrowers and hence there is no need for separate Co-Applicants.

 

Gold Loan

Gold Loan form can be downloaded from here

Additional Share Amount

In Case of Any loan , Loanee have to deposit share money. Which will be later adjustable or refundable.

Application For Shares

You can download membership form from here.

KYC FORM

You Can download KYC form here

Form 60

Those do not have PAN Card , can download Form 60.

APPLICATION FOR CREDIT FACILITY/ LOAN CRITERIA