Advances
The Bank offers various loans to meet the financial needs of its members. The following are the types of loans offered to members
| NAME | MAX AMOUNT | RATE OF INT | PERIOD | BASIC+SPECIAL PAY+ADD SPL PAY+SI |
|---|---|---|---|---|
| LONG TERM LOAN | 50.00 L | 8.50% | 180 MONTHS | 35 TIMES |
| MEDIUM TERM LOAN | 10.00 L | 8.50% | 90 MONTHS | 15 TIMES |
| SHORT TERM LOAN | 0.50 L | 8.50% | 40 MONTHS | 5 TIMES |
| CONSUMER LOAN | 0.50 L | 8.50% | 60 MONTHS | 50,000/- |
| RETIRED MEDIUM TERM LOAN | 8.50% | |||
| THRIFT DEPOSIT LOAN | 80% OF THRIFT DEPOSIT | 7.50 % | 40 MONTHS | 80% OF THRIFT DEPOSIT |
| EDUCATION LOAN | 8.00% | |||
| PERSONAL LOAN | 9.25% | |||
| GOLD LOAN | MAX 75% LTV | 7.75 % | MAX 75% LTV | |
| NSC LOAN | 10.50% | |||
| HOUSING LOAN | ||||
| FIXED RATE | 7.50% | |||
| FLOATING RATE | ||||
| UPTO 30 LAKHS | 7.25% | |||
| ABOVE 30 LAKHS | 7.50% | |||
| MORTAGE LOAN | 07.50% | |||
| DEPOSIT LOAN | MAX 90% OF DEP | 2% OVER DEPOSIT RATE | MAX 90% OF DEP |