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 15.00 L 9.00% 180 MONTHS 32 TIMES
MEDIUM TERM LOAN 4.00 L 9.00% 90 MONTHS 12 TIMES
SHORT TERM LOAN 0.50 L 9.00% 40 MONTHS 5 TIMES
CONSUMER LOAN 0.50 L 9.00% 60 MONTHS 50,000/-
THRIFT DEPOSIT LOAN 80% OF THRIFT DEPOSIT 7.50 % 40 MONTHS 80% OF THRIFT DEPOSIT
EDUCATION LOAN   09.00%    
PERSONAL LOAN   09.25%    
GOLD LOAN MAX 75% LTV 08.00 %   MAX 75% LTV
NSC LOAN   10.50%    
HOUSING LOAN   07.25%    
MORTAGE LOAN   07.50%    
DEPOSIT LOAN MAX 90% OF DEP 2% OVER DEPOSIT RATE   MAX 90% OF DEP