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licen-no Banking Licence No:
UBD/MH 795P

dat_ico Date of Establishment
25/10/1939

Loans

 

We understand that every customer has individual requirements, cash emergency. Taking this into consideration, bank offers various loans to its customers. Bank takes care of its customers by offering comprehensive loan packages at extremely competitive rates, without any hidden costs.

 

Sr.No Loan Products Features Duration of Loan Rate of Interest  Required Documents
01. Gruh Taran Yojana It is a loan secured against the property you own. This property can be your house, shop or a piece of non-agricultural land. Buying a home is one of the biggest purchases you'll ever make, and Gruh Taran is one of your biggest liabilities. Because you can repay your home loan over several years, the amount you repay each month is more reasonable and affordable! 7 Years 11% Gruh Taran Yojana
02. Hypothication Loan It is a business loan to small enterprises, proprietors, partnership firms, traders and businessmen.  Issued against stock of goods/ products  Available for 1 Year Every Year Renewal is required. 1 year 10% Hypothication Loan
03. Cash Credit Loan It is a short-term loan extended to a company by a bank. It enables a company to withdraw money from a bank account without keeping a credit balance. 1 year 10% Cash Credit Loan
04. Vehicle Loan
Loans for 2 wheelers, 4 wheelers.  Bank can issue 75 % quotation amount as a Loan  Same day loan disbursement.  No hidden charges
2W- 3Yr 4W- 5Yr 10% Vehicle Loan
05.
Gold Loan
Gold Loan offers you money against your gold at lowest interest rates, minimum documentation, quick disbursement. 1 Year 9.49% Gold Loan
06.
Housing Loan
Loans for construction on a freehold / lease hold plot or on a plot allotted by a Development Authority.  Attractive interest rates that make your Home Loan affordable and easier on your pocket. No hidden charges. 10 Years

10%

Housing Lone
07.
Loan against Property
A secured loan which you can avail against a commercial or residential property kept as a collateral.  84 Months 12%  Loan against Property
08. Secured Overdraft against Property Features both a secured loan as well as the overdraft facility.  You can withdraw an amount from your approved credit line as an overdraft.  84 Months 10% SOD Against Property
09. Solar Loan Designed to help homeowners to let finance the purchase of solar panels. 12 Months 10% Solar Loan
10. Sanjivani Loan (For Women) It is new loan scheme designed specially for Business womens. Maximum permissible loan amount under this loan is 3 Lacs. 48 / 60 Months 11% Sanjivani Loan
11. Sanjivani Loan (For Men) It is new loan scheme designed specially for Business persons. Maximum permissible loan amount under this loan is 3 Lacs. 48 / 60 Months 12% Sanjivani Loan
12.
Nav-Sanjivani Loan (For Women)
It is new loan scheme designed specially for Business womens. Maximum permissible loan amount under this loan is 5 Lacs. 72 Months /  84 Months 10% Nav-Sanjivani Loan
13. Nav-Sanjivani Loan (For Men)  It is new loan scheme designed specially for Businessman. Maximum permissible loan amount under this loan is 5 Lacs. 72 Months /  84 Months 11% Nav-Sanjivani Loan
14. Working Capital Term Loan It is new loan scheme designed specially for Businessman. Maximum permissible loan amount under this loan is 30 Lacs. 84 Month 12% Working Capital Term Loan
15.
Salary Loan
Bank provides loan facility against Salary upto Rs. 3 Lacs. 60 Months 12%
Salary Loan