Housing Loan upto Rs.70/lacs is available for construction/purchase of old/new flat, bungalow,raw house and also for carryout addition/alteration in the existing residential house.
Appllicant Detail :
Copy of Last Three years income tax return / Pay slip of last 3 months. If Applicant is businessman in that case last three years copies of balance sheet, income tax return of the proprietor/partner,statement of capital account.
If property is to be purchased under housing scheme,the copies of documents,such as share certificate,allotment-letter,saledeed,revenue records of 7/12.
Copy of authorised building plan.
Copy of receipt of advanced payment-made/copy of agreement to sale
Copy of title clearance certificate given by the advocate/ solicitor.
Consent letter from the society about noting of charge of the bank.
Three copies of Photograph
Copy of PAN Card
Address proof – electric bill /telephone bill (any one)
Photo proof – Pan card / Voter card / Driving license (Any one)
Guarantor Details :
- Photograph-two copies
- Last tax bill
- Last income tax return copy
- Address proof – electric bill /telephone bill (any one) As per KYC norms
- Photo proof – Pan card / Voter card / Driving license/Aadhar card (Any one) As per KYC norms
Conditions :
Original documents of property to be submitted to the bank. Registered mortgage of property to be done in favour of bank.Bank charge will be noted in society’s book.
Valuation of the property will be required for old property. Bank will give loan of 60% of valuation amount.(for old property)and new property bank will give loan of 80%.
Applicant will have to take insurance of the building in favour of bank.
Loan amount with interest will be repaid within 120 equal monthly instalments.
Applicant has to submit original share certificate of the Society/Association, Municipal Tax bill, Tax receipt, sales deed etc, for registered mortgage of the property.
Title clearance and valuation report will be done by approved lawyer and valuer of the bank. Applicant has to pay their fees.
Applicant has to take share @ 2.5% of the limit.
- Hire Purchase Loan is available for purchase of two wheelers, three wheelers, four wheelers and for Commercial vehicles and also for purchase of 5 years old car with good condition.
Appllicant Detail :
Applicant’s last two years Income tax Return / Payslip of last 3 months / Notarized income certificate for joint family.
Last tax bill / certificate from society chairman/Secretary if applicant owned property
3 Photographs of Applicant
Address proof – electric bill /telephone bill (any one) As per KYC norms
Photo proof – Pan card / Voter card / Driving license/Aadhar card (Any one) As per KYC norms
Quotation of vehicle
Applicant has to show all original documents to the bank for verification with zerox copy. Original documents will be returned to applicant after verification.
Guarantor Details :
Photograph-two copies
Last tax bill
Last income tax return copy
Address proof – electric bill /telephone bill (any one) As per KYC norms
Photo proof – Pan card / Voter card / Driving license/Aadhar card (Any one) As per KYC norms
Conditions :
We give loan up to 85% of quotation of basic price. for transport/ commercial vehical to shareholders and Bank will give loan upto 75% of quotation of basic price to the nominal members.
Applicant has to take insurance of full value of vehicle in favour of bank.
The Loan for two wheelers, three wheelers will be repaid with interest in 36 to 60 equal monthly instalments.
Applicant have to pay margin amount to the bank. Bank will issue Banker cheque of full amount in the name of dealer.
Applicant have to submit Xerox copy of invoice, receipt, insurance policy, RTO book showing Bank’s lien recorded with RTO.
Applicant has to take share @ 2.5% of the limit
Short term loan of one year to meet with any personal requirement.
Maximum limit 24 Months
Loan on Gold 75% of amount of valuation.
11.50 % Interest rate.
Applicant has to take share @2.5% of the limit.
The processing charges will be 1% of loan amount sanction .
- Business mortgage overdraft/loan is available as working capital against registered mortgage of residential,office,shop,godown,shed building as a prime security.Trading/Manufacturing units, Traders, Business community can avail credit facility for development of business.
Appllicant Detail :
Last three years balance sheet
Copy of income tax return
copy of Partner personal return
Memorandum and Article of Association in case of limited company, resolution for loan application.
3 Photographs of Applicant
Applicant- Pan card / Partner Pan Card / Limited Company?? Pan card
Bank statement of last 2 years
Address proof electric bill /telephone bill (any one)
Photo proof Pan card / Voter card / Driving license (Any one)
Applicant has to show all original documents to the bank for verification with zerox copy. Original documents will be returned to applicant after verification.
Guarantor Details :
Photograph-two copies
Last tax bill
Last income tax return copy
Address proof – electric bill /telephone bill (any one) As per KYC norms
Photo proof – Pan card / Voter card / Driving license/Aadhar card (Any one) As per KYC norms
Conditions :
For development of business Cash Credit Hypo. Limits against the Hyp.of (Hyp.Stock/Bookdebts) Stock and goods are granted to businessmen. Such stock should be fully paid. No limits is granted against unpaid stock. CC limit is also sanctioned against Hypo.Bookdebts of not exceeding 90 days period. The borrowers are required to submit stock/bookdebts statement every month regularly. The rate various from 12.50 to 13.50 % (subject to change)
Applicant will have to take insurance of the building in favour of bank.
business-mortgage loan is to be repaid with interest within 120 equal monthly instalments. whereas business mortgage overdraft facility is subject to maximum after 12 months.
Applicant is required to submit stock statement creditors list and statement of book-debts on monthly basis and the copy of balance sheet as on 31st march every year.
Applicant has to take share @2.5% to 5.0% of the limit.
Processing charges upto Rs 1000 will be levied on sanction.
- A personal loan is a type of unsecured loan and helps you meet your current financial needs. You don’t usually need to pledge any security or collateral while availing a personal loan and your lender provides you with the flexibility to use the funds as per your need
Appllicant Detail :
Last three years balance sheet, copy of Income tax return, copy of Partner’s personal return , Memorandum and Article of Association in case of limited company, resolution for loan application, Pay slip of last 3 Months.
Three photographs of Applicant
Business proof of Applicant
Applicant’s Pan card & Aadhar card
Bank statement of last 2 years
Applicant has to show all original documents to the bank for verification with zerox copy. Original documents will be returned to applicant after verification.
Address proof – electric bill /telephone bill /Gas bill (any one) As per KYC norms.
Guarantor Details :
Photograph-two copies
Last tax bill
Last income tax return copy
Address proof – electric bill /telephone bill (any one) As per KYC norms
Photo proof – Pan card / Voter card / Driving license/Aadhar card (Any one) As per KYC norms
Conditions :
Bank will give loan if property is having N.A.N.O.C and BU permission.
Applicant has to provide two guarantors.
Applicant has to take share @ 5% of the limit.
The processing charges will be 1% of loan amount sanction.
- Cash credit facility is available as a Working Capital for development of business against prime security of stock and collateral security. Trading / Manufacturing Units, Traders, Business community can avail the Cash Credit.
Appllicant Detail :
Copy of Income tax return of last three year along with balance sheet.
Provisional Balance Sheet (If required).
Copy of All related person’s(Partner, Director etc) Income tax return with Balance sheet.
Memorandum and Article of Association in case of limited company, Partnership deed in case of Partnership Firm.
3 Photographs of Applicant.
Business proof of Applicant.
All Registration Certificate of firm
Copy of PAN Card
Copy of Proof of ID (PAN Card, Aadhar Card, Driving License, passport) of all related person
Bank account statement of last year
Property File
If applicant borrow any loan from other bank then applicant must give copy of sanction letter and any other required loan details.
Applicant has to show all original documents to the bank for verification with xerox copy. Original documents will be returned to applicant after verification.
Guarantor Details :
Photograph-two copies
Last tax bill
Last income tax return copy
Address proof – electric bill /telephone bill (any one) As per KYC norms
Photo proof – Pan card / Voter card / Driving license/Aadhar card (Any one) As per KYC norms
Conditions :
Original documents of property to be submitted to the bank. Registered mortgage of property to be done in favour of bank.Bank charge will be noted in society’s book.
Valuation of the property will be required for old property. Bank will give loan of 60% of valuation amount.(for old property)and new property bank will give loan of 80%.
Applicant will have to take insurance of the building in favour of bank.
Applicant has to submit original share certificate of the Society/Association, Municipal Tax bill, Tax receipt, sales deed etc, for registered mortgage of the property.
Title clearance and valuation report will be done by approved lawyer and valuer of the bank. Applicant has to pay their fees.
Applicant has to take share @ 2.5% of the limit.
