What's New

Short Term Loan Th

TARGET GROUP
Residents of Ernakulam District.
PURPOSE
As per the decision of the co-op society
LOAN AMOUNT LIMIT
Fixed by the society according to the bye-laws
RATE OF INTEREST
As per the decision of the executive committee of the Bank from time to time
REPAYMENT PERIOD
12 Months
ELIGIBILITY
Members of the co-op society
GUARANTEE
UPFRONT FEE
Not applicable to this loan
INTEREST REBATE
Not applicable to this loan
MORATORIUM
Not applicable to this loan
DOCUMENTS TO BE SUBMITTED
FORECLOSURE FEE
Not applicable to this loan

Download Application Form

BHAVANA SREE LOAN

TARGET GROUP
New Customers , Existing house loan customers making prompt re payment

PURPOSE
For Interior decoration of house, fixing solar power systems, construction of compound wall, land scape, rainwater harvesting, tress work etc

LOAN AMOUNT LIMIT

Upto Rs. 10,00,000/-

RATE OF INTEREST

Upto Rs. 5,00,000/- - 12% P.a + 3 % penal

Above Rs. 5,00,000/- 13% P. a + 3 % Penal

Loan PERIOD
Max 100 months EMI

ELIGIBILITY

Based on valuation of property and repaying capacity

GUARANTEE

Property security

One personal surety

Repayment Process

Through operative account
MARGIN Not applicable to this loan

INTEREST REBATE
Applicable to this loan

MORATORIUM
Not applicable to this loan
DOCUMENTS TO BE SUBMITTED
Introducer's statement
Election I D card or ration card for address proof

Salary certificate of the Employee , Employment certificate from the Employer.

Download Application Form

Over Draft To Empl

TARGET GROUP
Members of employees society residing in Ernakulam district
PURPOSE
Various purpose
LOAN AMOUNT LIMIT
Up to 2 lakh
RATE OF INTEREST
Up to 2 lakhs @ 11%
REPAYMENT PERIOD
12 months before the retirement date
ELIGIBILITY
Members of employees society residing in Ernakulam district
GUARANTEE
Guarantee according to bye laws
MARGIN
Rs500
INTEREST REBATE
Not applicable to this loan
MORATORIUM
Not applicable to this loan
DOCUMENTS TO BE SUBMITTED
B statement including the retirement date of the applicants
Account statement of the last day of the month
Collateral demand promissory note and cheque leaves
FORECLOSURE FEE

Download Application Form

Loan Against Natio

TARGET GROUP
Residents of Ernakulam District.
PURPOSE
Various purpose
LOAN AMOUNT LIMIT
2 LAKH
RATE OF INTEREST
12.00%
REPAYMENT PERIOD
6 YEARS and the period shall not be extended beyond the maturity period of the certificate
ELIGIBILITY
National Saving Certificate holders
GUARANTEE
National Saving Certificate
UPFRONT FEE
Not applicable to this loan
INTEREST REBATE
Not applicable to this loan
MORATORIUM
Not applicable to this loan
DOCUMENTS TO BE SUBMITTED
Demand promissory note
Continuing security letter
Take delivery letter
Letter addressed to the post office authorizing the bank to collect interest payable on NSCs ,in form 87
Letter of pledge of national saving certificate in form no 41
FORECLOSURE FEE
Not applicable to this loan