Business Loans

Purpose

Eligibility

Loan Amount

Margin

Repayment

Special Feature

Security

Guarantee / Surety

Minimum Documents / Requirements

Working Capital

Small Traders

Upto Rs. 5 lakhs

25%

1 Year

Cash Credit loan

Stock in Hand + 100% collateral security

2 Guarantors

KYC, Business Licenses, Income Tax Returns, Financial Statements, Stock Statements etc

--

--

--

--

--

--

--

--

--

Vehicle Loan

Purpose

Eligibility

Loan Amount

Margin

Repayment

Special Feature

Security

Guarantee / Surety

Minimum Documents / Requirements

New 2 Wheeler / 4 Wheeler for personal use

Individuals

90% of (Quotation + RTO Tax + Insurance)

10% of (Quotation + RTO Tax + Insurance)

Upto 5 Years

Lowest Interest Rate, Term Loan

Vehicle

1 or 2 Guarantors

KYC, Income Tax Returns, Financial Statements/ Salary Certificate, Quotation etc.

--

--

--

--

--

--

--

--

--

Gold Loan

Purpose

Eligibility

Loan Amount

Margin

Repayment

Special Feature

Security

Guarantee / Surety

Minimum Documents / Requirements

Rate of Interest

Any

Individuals

Upto Rs. 2 Lakhs

Rs. 40000/- will be sanctioned per 10gms of Pure Gold in ornaments

On Due Date (1 Year)

Gold Ornaments

Not required

Saving account with Branch

11.00%

--

--

--

--

--

--

--

--

--

--

Housing Loan

Purpose

Eligibility

Loan Amount

Margin

Repayment

Special Feature

Security

Guarantee / Surety

Minimum Documents / Requirements

Construction / Purchase of residential house

Individuals

Upto Rs. 70 lakhs & Above

Upto 35%

Upto 120 Months

Pradhan Mantri Awas Yojana Benefit available

House / Flat for which loan has been taken

2 Guarantors

KYC, Income Certificate, Property related documents etc.

--

--

--

--

--

--

--

--

--

Loan Against Fixed Deposits

Purpose

Eligibility

Loan Amount

Margin

Repayment

Security

Guarantee / Surety

Minimum Documents / Requirements

Rate of Interest

Any

Individuals

Upto 90% of (Fixed Deposit Principal + Accrued Interest)

10%

Term Loan - Earliest of 2 Years or FD Maturity date              Cash Credit - Upto FD Maturity date

Fixed Deposit Receipt

Not Applicable

Not Applicable

FD Interest + Additional 2%

--

--

--

--

--

--

--

--

--

Cash Credit Loan

Purpose

Eligibility

Loan Amount

Margin

Repayment

Special Feature

Security

Guarantee / Surety

Minimum Documents / Requirements

Working Capital

Individuals, Partnership Firm, Companies etc.

As per requirement

25%

1 year

Not Applicable

Stock + Receivables

2 Guarantors

KYC, Income Statements, Financial Documents, Stock Statement, Debtors etc.

--

--

--

--

--

--

--

--

--