Category Archives: Glossary

Indraprastha Sehkari Bank Limited – Education loan

Purpose –           For the purpose of various expenses for the course of study like; tuition and other fees payable to the Collage, Institute, Hostel, Purchase of Books, Equipments, Instruments or Uniforms, any deposit required to be deposited, Traveling Expenses and any other expenses required to be incurred by the student for the said purpose.   Eligibility                     –… Read More »

Indraprastha Sehkari Bank Limited – Easy Loan Scheme

Purpose                      – Any legitimate requirement of finance, except for speculative purposes.   Eligibility –           Individuals & Business entities who is a bonafide member of the bank     Quantum of Loan       – Minimum Rs.5.00 Lakhs and Maximum Rs.75.00 Lakhs, subject to maximum of 36 month salary or income in case of individual borrowers, Level of Debt… Read More »

Indraprastha Sehkari Bank Limited – Unsecured loans to individual members

Purpose                      – For any social or religious ceremonies including marriage of self,  dependent children or real brothers and sisters; To meet the expenses on medical treatment of self, spouse, dependent children, parents or parents-in-law in case of female borrower; for meeting the expenses on higher education  of spouse, dependent children and siblings, for repair or… Read More »

Indraprastha Sehkari Bank Limited – Advance against Pledge of Government Securities

Purpose                      – For any legitimate requirement of funds except for speculative purposes and for purchase of  various small saving instruments , like ;  KVPs., NSCs etc.   Eligibility                     – Any Individual, Group of Individuals, Proprietorship or Partnership Firms, Companies etc. who is a bonafide Member of the Bank, including Nominal member   Type of Facility          … Read More »

The Varachha Co-op. Bank Limited-Vehicle Loan

The Varachha Co-op. Bank Limited has introduced the system of quick delivery of vehicle loans, with minimum papers and documents, without any hidden charges. Other advances of our Bank have been spread over on the following categories for Personal Vehicle (Two Wheeler/Car Loan) and For Commercial Loan Purpose –           Personal vehicle (two wheeler/car loan), Commercial… Read More »