Category Archives: Glossary

The Sarvodays Sahakari bank limited – C.C. Facility for Working Capital Requirements

  Purpose                                  – For the purpose of Business Eligibility                                 – Any salaried persons or Professionals – Self Employed or Businessman are eligible for the loan     Quantum of Loan                   – Maximum credit facility @ 20 % of the Annual Sales Turnover; (Own contribution @ 5 % of the C.C. Limit sanctioned is required); Amount… Read More »

The Sarvodays Sahakari bank limited – Term Loan for Purchase of Consumer Durables etc

The bank was established in the year 1982 with an authorized Share Capital of Rs. 25.00 lakhs and the paid up Share Capital of Rs. 4.00 lakhs. The Sarvodaya Sahakari Bank Ltd., Surat is rightly bracketed as one of the leading and top-most co-operative banks of the city. It offers home loan, personal loan, vehicle… Read More »

The Sarvodays Sahakari bank limited – Personal Loan

Purpose                                  – The personal loan is offered for the purpose of social cause / small repairs of property / Child education etc. Eligibility                                 – Any salaried persons / Professionals – Self Employed / Retailers Quantum of Loan                   – Loan granted up-to 5 times of the net monthly income of the applicant/s Or… Read More »