Term Loans
Types Of Loans and Documentation Required
| Housing Loan | |
| Loan Amount | Rs. 25 Lakhs Maximum |
| Re-payment Period | 240 EMI |
| Interest Rate | 10.5% P.A. |
| Instalment | Rs. 25,804 for 240 EMI |
| Long Term Loan | |
| Loan Amount | Rs. 20 Lakhs Maximum |
| Re-payment Period | 180 EMI |
| Interest Rate | 10.5%P.A. |
| Instalment | Rs. 22,800 for 180 EMI |
| Loan Amount | Rs. 50 Thousand Maximum |
| Re-payment Period | 24 EMI |
| Interest Rate | 10.5% P.A. |
| Instalment | Rs. 2,350 for 24 EMI |
| Festival Loan | |
| Loan Amount | Rs. 20 Thousand Maximum |
| Re-payment Period | 12 EMI |
| Interest Rate | 10.5% P.A. |
| Instalment | Rs. 1,775 for 12 EMI |
1. Document for Housing Loan
(Upto Rs. 2500000/- or 75 times of Gross Salary whichever is less)
- Duly filled loan Application
- Applicant’s latest Salary Certificate
- Three sureties with signature
- Two Witness with signature
- Cheque towards linkage share capital and collateral securities.
- Photocopy of PAN card (self Attested).
- Collateral securities like Insurance Policy (Share, FD, DRAS)
- Housing Documents
- Recent Nil Encumbrance Certificate
- Copy of Sanad
- Plan approved by Competent authority
- Construction License issued by the competent authority.
- Agreement for sale (purchase of house/flat)
- Estimation Certificate
- Passport Size photograph
2. Document for Long term Loan
(Upto Rs. 20,00,000/- or 75 times of Gross Salary whichever is less)
- Duly filled Loan Application form
- Applicant’s latest Salary Certificate
- Three sureties with signature
- One Passport Size photo
- Two Witness with signature
- Cheque towards linkage share capital and collateral securities
- Photocopy of PAN card (Self Attested)
- Collateral Securities (LIC Policy, Group Insurance, Share, FD, DRAS)
- Passport size Photograph
3. Document for Short Term Loan / Emergency Loan
(Upto Rs.50000/-)
- Duly filled Loan Application
- Two Sureties with signature
- Two Witness with signature
- Passport Size Photograph
4. Documents for Festival Loan
(Upto Rs.20000/-)
- Duly filled Loan Application
- Two Sureties with signature
- Two Witness with signature
- Passport Size Photograph
Loan And Contribution Towards RD
| Sr. No. | Loan Amount | Compulsory Recurring Deposits |
| 1 | Upto Rs. 500000.00 | Rs. 500.00 |
| 2 | More than Rs. 500000.00 & Upto Rs. 1000000.00 | Rs. 1000.00 |
| 3 | Above Rs. 1000000.00 & Upto Rs. 1500000.00 | Rs. 1500.00 |
| 4 | More than Rs. 1500000.00 & Upto Rs. 2000000.00 | Rs. 2000.00 |
| 5 | More than Rs. 2000000.00 & upto Rs. 2500000.00 | Rs. 2500.00 |