| BUSINESS LOANS |
|
| Persons who can avail | Traders, Workshops, Hotels and other Business ventures. |
| Eligibity Norms | Persons falling in this group having business establishments/licensce to persue the realated profession. |
| Amount Eligible | -Unsecured
upto Rs. 50,000/- @ 13% |
| Margin | 25% |
| Security |
Hypothecation of assets & collateral security double in value of the property if the amount is above Rs. 50,000/- |
| INDUSTRIAL LOANS |
|
| Persons who can avail | Small Scale Industries & Medium Scale Industries. |
| Eligibity Norms | Enterprenuers having SSI Registration certificate |
| Amount Eligible | -Unsecured
upto Rs. 50,000/- @ 13% |
| Margin | 25% |
| Security | Hypothecation of assets & collateral security double in value of the property if the amount is above Rs. 50,000/- |
| VEHICLE LOANS |
|
| Persons who can avail | Traders, Professionals, Self-employed, Salaried class & others. |
| Eligibity Norms | The persons in this group with regular source of income. |
| Amount Eligible | For 2,3 & 4 wheelers. |
| Rate of Interest | 14% |
| Margin | 25% |
| Security | Hypothecation of Vehicle |
PERSONAL
LOANS |
|
| Persons who can avail | Petty Trade, Education, Housing. |
| Eligibity Norms | The persons in this group with regular source of income. |
| Amount Eligible | Unsecured
upto Rs. 50,000/- |
| Rate of Interest | 13% |
| Margin | 25% |
| Security | Personal surety |
| HOUSING LOANS |
|
| Persons who can avail | Individuals |
| Eligibity Norms | The
persons in this group with regular source of income |
| Amount Eligible |
- Rs.50,000/- for
alteration & repairs. |
| Rate of Interest | Upto
Rs. 2.00 Lakhs - 12% |
| Margin | 25% |
| Security | Mortgage of Property |
|
|
|
| CONSUMER LOANS |
|
| Persons who can avail | Professionals and Salaried class. |
| Eligibity Norms | The persons in this group with regular source of income |
| Amount Eligible | Unsecured
upto Rs. 50,000/- |
| Rate of Interest | 13% |
| Margin | 25% |
| Security | Personal surety |
| PROFESSIONAL LOANS |
|
| Persons who can avail | Doctors, Engineers, Chartered Accountants, etc., |
| Eligibity Norms | The persons in this group with regular source of income |
| Amount Eligible | Unsecured
upto Rs. 50,000/- |
| Rate of Interest | 13% |
| Margin | 25% |
| Security | Personal surety |
| EDUCATION LOANS |
|
| Persons who can avail | Graduate, Post graduate, Professional courses, etc., |
| Eligibity Norms | Students
persuing higher studies |
| Amount Eligible | Unsecured upto Rs. 50,000/- & above. |
| Rate of Interest | 13% |
| Margin | 25% |
| Security | Personal
surety & Collateral if amount is above Rs.50,000/- |
| OTHER LOANS |
|
| Persons who can avail | Against tangible securities, Gold ornaments, NSC, LIC policies, KVP, IVP, etc. |
| Eligibity Norms | The persons in this group with regular source of income |
| Amount Eligible | Upto
Rs. 50,000/- @ 13% |
| Margin | 25% |
| Security | Pledge of Bonds |