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. |