Loan Schemes
Agriculture Term Loan
Loan Amount | Max 90 Lakhs |
Rate of interest | Up to 25,000 16%, Above 25,000 15% |
Margin | 25% of profeat |
Number of Gurantors | 2 |
PrePayment | – |
Membership | Member/ Nominal |
Security | Agriland 7/12 Mortgage |
Documents | Valuation, Mortgage , Factory Gurantee, Photo, RationCard, Property 7/12 |
Educational
Loan Amount | As per quotation |
Rate of interest | 14% |
Margin | – |
Number of Gurantors | 2 Govt. Guarantors |
PrePayment | – |
Membership | Member / Nominal |
Security | Property Morguage (above 75,000/-) |
Documents | Photo, Ration Card, Fee Quotation, Bonafied, Marklist, Property 7/12, Salary Certificate. |
Personal Loan
Loan Amount | 1 Lakh |
Rate of interest | 15% |
Margin | – |
Number of Gurantors | 2 |
PrePayment | – |
Membership | Membership / Nominal |
Security | Guarantee Letter / Chequebook |
Documents | Photo, Ration Card,. Salary Certificate / Income Proof |
Vehicle Loan
Loan Amount | As per QWuotation |
Rate of interest | 13% |
Margin | 1/4 |
Number of Gurantors | 2 |
PrePayment | – |
Membership | Membership / Nominal |
Security | Vehicle RC Book H.P. |
Documents | Quotation, Income Certificate, Income Tax Returns proff, Anyone can apply. |
Housing Loan
Loan Amount | Max 90 Lakhs & as per Housing Project |
Rate of interest | 12% |
Margin | 1/4 as per estimate |
Number of Gurantors | Min 2 |
PrePayment | – |
Membership | Member / Nominal |
Security | Land and Building |
Documents | Valuation, Search Report, Current 7/12, Proper Purhcase Papers, Construction Permission, Income Proof, Photo, Address Proof, Map. |
Cash Credit
Loan Amount | 90 Lakh |
Rate of interest | same as agricutlure term loan |
Margin | |
Number of Gurantors | Min 2 |
PrePayment | – |
Membership | Membership / Nominal |
Security | Property Mortgage |
Documents | Current 7/12, Valuation, Search Report, Income Proof, Address Proof |
Hypotheciation Loan
Loan Amount | Max 90 Lakhs |
Rate of interest | Same as agricultural loan |
Margin | – |
Number of Gurantors | Min 2 |
PrePayment | – |
Membership | Memership / Nominal |
Security | Shop Act, Proerty Sect, Balance Sheet. |
Documents | Photo, Address Proof, Income Proof, Search Report, Valuation Morguage, Shop Act, Balance Sheet. |