Loans

Vyapari Utkarsha Loan*(click for details)

Purpose Working Capital
Eligibility Small Traders
Loan Amount Upto Rs. 5 lakhs
Margin 30% to 40%
Repayment 1 Year
Special Feature Cash Credit loan
Security Stock in Hand
Guarantee / Surety 2 Guarantors
Minimum Documents / Requirements KYC, Business Licenses, Income Tax Returns,
Financial Statements, Stock Statements etc
Rate of Interest 12.00%


Dhanwantari Loan*(click for details)

Purpose Construction and Machinery Purpose
Eligibility Doctors (Excluding General Practitioners)
Loan Amount As per requirement
Margin As per rule
Repayment Construction 10 year and Machinery 5 years
Special Feature Term loan for Hospitals
Security Hospital Building and Machinery
Immovable property etc.
Guarantee / Surety 2 Guarantors
Minimum Documents / Requirements KYC, Hospital Licenses, Income Tax Returns,
Financial Statements etc
Rate of Interest 12%


Vehicle Loan*(click for details)

Purpose New 2 Wheeler / 4 Wheeler for personal use
Eligibility Individuals
Loan Amount 90% of (Quotation + RTO Tax + Insurance)
Margin 10% of (Quotation + RTO Tax + Insurance)
Repayment Upto 5 Years
Special Feature Lowest Interest Rate, Term Loan
Security Vehicle
Guarantee / Surety 1 or 2 Guarantors
Minimum Documents / Requirements KYC, Income Tax Returns, Financial Statements/
Salary Certificate, Quotation etc.
Rate of Interest 11.00%


Personal / Clean Loan*(click for details)

Purpose Any
Eligibility Business / Professional / Salaried Person
Loan Amount Upto Rs. 2 lakhs
Margin Not Applicable
Repayment Upto 5 Years
Special Feature Loan without security, Term Loan
Security Not Applicable
Guarantee / Surety 2 Guarantors
Minimum Documents / Requirements KYC, Income Tax Returns, Financial
Statements / Salary Certificate etc.
Rate of Interest 15.00%


Loan for Consumer Durables*(click for details)

Purpose Any
Eligibility Business / Professional / Salaried Person
Loan Amount As per requirement
Margin Upto 25%
Repayment Upto 3 Years
Special Feature Not Applicable
Security Not Applicable
Guarantee / Surety 2 Guarantors
Minimum Documents / Requirements KYC, Quotation, Salary Certificate etc.
Rate of Interest 15.50%


Gold Loan*(click for details)

Purpose Any
Eligibility Individuals
Loan Amount Upto Rs. 5 Lakhs
Margin

Rs. 18 thousand will be sanctioned per 10gms

of Pure Gold

Repayment Upto 1 year
Special Feature Not Applicable
Security Gold Ornaments
Guarantee / Surety Not Applicable
Minimum Documents / Requirements Saving account with Branch
Rate of Interest For Female - 13.5%, For Male - 14%


Housing Loan*(click for details)

Purpose Construction / Purchase of residential house
Eligibility Individuals
Loan Amount Upto Rs. 70 lakhs
Margin Upto 35%
Repayment Upto 180 Months
Special Feature Not Applicable
Security House / Flat for which loan has been taken
Guarantee / Surety 2 Guarantors
Minimum Documents / Requirements KYC, Income Certificate, Property related
documents etc.
Rate of Interest 10.90%


Loan against Fixed Deposits**(click for details)

Purpose Any
Eligibility Individuals
Loan Amount Upto 85% of (Fixed Deposit Principal
+ Accrued Interest)
Margin 15%
Repayment Earliest of 2 Years or FD Maturity date
Special Feature Not Applicable
Security Fixed Deposit Receipt
Guarantee / Surety Not Applicable
Minimum Documents / Requirements Not Applicable
Rate of Interest Loan < 10 lakhs - FD Interest + Additional 2%
Loan >=10 lakhs - FD Interest + Additional 0.50%


Loan against NSC/KVP*(click for details)

Purpose Any
Eligibility Individuals
Loan Amount As per requirement
Margin Upto 40%
Repayment Earliest of 2 Years or FD Maturity date
Special Feature Not Applicable
Security NSC/KVP on which loan has been taken
Guarantee / Surety Not Applicable
Minimum Documents / Requirements KYC, Saving account with Bank etc.
Rate of Interest 13.00%


Project Loan*(click for details)

Purpose Project (Industrial,Construction etc.)
Eligibility

Individuals, Partnership Firm, Companies etc.

Loan Amount As per requirement
Margin 25% to 35%
Repayment Upto 5 years
Special Feature Not Applicable
Security Immovable property, Machinery etc.
Guarantee / Surety 2 Guarantors
Minimum Documents / Requirements KYC, Income Statements, Financial Documents,

Immovable property, Project report etc.
Rate of Interest 13.75% to 14%


Cash Credit Loan*(click for details)

Purpose Working Capital
Eligibility Individuals, Partnership Firm,
Companies etc.
Loan Amount As per requirement
Margin 25%
Repayment 1 Year
Special Feature Not Applicable
Security Stock + Receivables
Guarantee / Surety 2 Guarantors
Minimum Documents / Requirements KYC, Income Statements, Financial Documents,
Stock Statement, Debtors etc.
Rate of Interest 12.00% to 14.00%


Pledge Loan (Turmeric, Grains, Cotton etc.)*(click for details)

Purpose Turnover
Eligibility Individuals, Partnership Firm, Companies etc.
Loan Amount As per requirement
Margin 30% to 40%
Repayment 1 Year
Special Feature Managed through Collateral Management Services- NCMSL, NBHS
Security Warehouse / Cold Storage / Godawoon /Pev Receipts
Guarantee / Surety Not Applicable
Minimum Documents / Requirements KYC, Financial Statements, Income Statements,
Licences, Warehouse/Cold Storage/Godawoon/
Pev receipts etc.
Rate of Interest Turmeric - 11.5% to 12%, Other - 12.5% - 14.00%


Shikshan Sanvardhini Loan*(click for details)

Purpose Education fees for Engineering, Medical & Professional Courses
Eligibility Individuals
Loan Amount Education in India Rs. 10.00 lakhs &
Education Outside India Rs. 20.00 lakhs
Margin  10%
Repayment As per rule
Special Feature Lowest Interest Rate 
Security Immovable property
Guarantee / Surety 2 Guarantors
Minimum Documents / Requirements KYC, Income Tax Returns, Financial Statements,
Salary Certificate, Admission Confirmation letter,
Education fee estimate etc.
Rate of Interest 11%


* Conditions apply