The Bank offers the following attractive loan schemes to individuals who are its customers.
Secured overdrafts on current accounts are provided to customers against the security of National Savings Certificates, Kisan Vikas Patras, as also against the security of Urban immovable property.
Customers can avail of Gold loans against pledge of gold ornament at all branches of the Bank.
UNDER THE Vidya Vikasa Vardhini Scheme, the Bank is providing loans to students/parents of students for pursing professional courses like Engineering, Medicine, Computer Education and other courses including technical courses/job oriented courses. The loan is repayable at attractive rate of interest and easy repayment period.
Finance for purchase of cars is provided to professionals and self employed entrepreneurial and salaried customers of the Bank for their personal use at attractive rates of interest and repayment period ranging upto 60 months.
Loans are provided to wholesale/retail traders and businessmen engaged in trade activity for running their business on furnishing of collateral security and on pledge of stocks. This facilities extended in the nature of cash credit limit for facilitating continuous operation based on the day-to-day business needs.
The Ban offers attractive Housing Loan Scheme both for construction or purchase of a new house/flat as also for purposes of repairs and extension to existing house. Comfortable repayment period for the loan is provided. No hidden charges . Take overs are allowed.
CAR LOAN POLICY:-
The Bank formulated a scheme for financing individuals for purchase of non-commercial vehicles like Cars for personal use.