Advances

Significant Feautures:

• No Processing Charges.
• Competitive Rate of Interest.
• Loan takeover from other banks can be availed.
• Furnishing/ Consumer durables may be treated as part of the project cost.

Housing Loan Scheme can be availed for:

• Purchase of House/Flat.
• Construction of House.
• Repair/Renovation/Alteration of House.
• Purchase of plot for construction of house

Rate of Interest for Housing Loan is as follows:

Significant Feautures:

• Easy loans to professionals at Zero Processing Charges.
• Competitive Rate of Interest.
• Loan takeover from other banks can be availed.
• Facility of top-up to existing loan is available.

Professional Loan Scheme can be availed for:

• Industries/ Small Scale Industries
• Retail Traders/ Wholesalers.
• For purchasing Equipments/ Machines/ Technology.
• CC/ WCTL.

Rate of Interest for Professional Loans are as follows:

Significant Feautures:

• Commercial loan can be availed at Zero Processing Charges.
• Competitive Rate of Interest.
• Loan takeover from other banks can be availed.
• Furnishing/ Consumer durables may be treated as part of the project cost.

Housing Loan Scheme can be availed for:

• Purchase of Commercial Building/Office.
• Construction of Office.
• Purchase of Commercial plot for Office construction.

Rate of Interest for Commercial Purchase Loans are as follows:

Significant Feautures:

• Loan Amount may be 60-90% of the document value as the case may be.
• Repayment Capacity should be 50% the total income.
• Evaluation is based on the total income of Application and Co-applicants.

Rate of Interest for Personal/Mortgage Loans are as follows:

Significant Feautures:

• A comprehensive Scheme for all types of vehicles.
• Available for both personal and Commercial vehicles.
• Re-financing Scheme if also available.

Other Requirements:

• Quotation of vehicle.
• Income Source for Applicant and Guarantor.
• Additional Security i.e. Land/Building/F.D.
• Agreement of hypothecation of vehicle.

Rate of Interest or vehicle loans are as follows:

Significant Feautures:

• Education loan is available for any degree/ diploma/ post graduation/ master professional courses.
• Education loan can be availed for Education in abroad.
• Travel/ Books/ Hostel expenses may also be covered.
• Competitive Rate of Interest.

Rate of Interest for Education Loan are as follows:

Significant Feautures:

• Bank provides loans for agricultural activities also.
• No Processing Charges.
• Competitive Rate of Interest.
• Loan takeover from other banks can be availed.

Agriculture Loan Scheme can be availed for:

• Development of Dairy & Animal Husbandry.
• Development of fisheries.
• Development of poultry and piggery.
• Development and maintenance of stud farm, bee-keeping.
• Purchase of bullock carts, camel carts, park animal etc.
• Distribution of inputs for allied activities such as poultry, cattle feed etc.

Rate of Interest or Agriculture Loan are as follows: