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Loans and Advances
Two Wheelers rate of interest :18%
Four Wheelers ROI :16%
Minimum One Security
HP on Vehicle
Salary Earners Loan (SEL)
This facility is provided salaried employees only.
ROI:18%
Repayment Period Maximum 5 Years
Eligibility:-
Permanent employees of central or state Government officers profit making public sector under taking and public limited Companies, Schools, Colleges, Universities and Research institutions.
Individual with income other than salary or pension.
Permanent employees of reputed private School & Colleges/firms are also.
Maximum Loan amount:-
The Maximum Loan amount is 10 times of take-home pay
Business Development Loan (BDL)
Minimum Loan amount 50,000/-
Maximum Loan amount 1,00,000/-
Facility of daily Payment
ROI :18%
Minimum two sureties
Mortgage Loan (MRL)
Mortgage on Property
ROI: 16%
Properties are Building and Residential Plots
Loan Sanction on Fair Market Value 50 to 60%
Repayment Period Maximum 72 Months(EMI)
Key Loan(Pledge Loan)
ROI:16%
Maximum limit 50%on market value
Stock on Paddy to the Pledge
Repayment Period 6months to 1year
Cash Credit Loan (CCL)
This facility is provided by against any collateral security
Interest is charged on Outstanding amount
ROI:16%
Loan on Pigmy Deposit (LPD)
ROI : 15%
Maximum loan amount limit will be 85% on deposits
Over Draft Loan (ODA)
This facility is provided against fixed deposits.
Interest is charged on Out Standing amount.
Gold Loan (GLD)
ROI:15%
Repayment Period One Year
Loan on Fixed Deposit(LFD)
Extra 2% on deposited ROI
Surety Loan (SRL)
Maximum Loan amount 1,00,000/-
ROI : 18%
Minimum two sureties
Note :
*Condition apply -The Interest rates is Subject to change without Prior Notice please contact
The branch manager for updated latest Interest rate.