Category Archives: Glossary

Vijay Co-operative Bank Limited – Commercial Property loan

Purpose                                  – To offer financial assistance for purchase or construction of shop, office or shed   Eligibility                                 – Salaried, self employed or professional with repaying capacity   Margin –           30%   Rate of Interest                     – 13.5%   Duration                                 – 84 months   Prepayment Charges – No prepayment charges similar to other personal loan offered by… Read More »

Vijay Co-operative Bank Limited – Consumer Articles Loan

  Vijay Co-operative Bank Limited offers its patronage various types of loans. Depending upon the requirement, one can avail of the loan facilities from the bank. It offers home loan, car loan, personal loan, consumer loan, educational loan etc.   Purpose                                  – Purchase of New T.V. Fridge, A.C., Washing Machine, Furniture, computer etc Eligibility                                 –… Read More »

Vijay Co-operative Bank Limited – Loan/ Advances to trade commerce & Industries

  Vijay Co-operative Bank Limited was instituted by Sh. Natwarlal Prabhudas Patel in the year 1963. Its registered office then was situated in Naroda at the Vijay Mills. The prime objective of commencement of Vijay Bank was to work for the less fortunate members of the community by enhancing their economic enterprises and create ample… Read More »

The Sarvodays Sahakari bank limited – Vehicle Loan

Purpose                                  – To offer financial assistance to purchase vehicles   Eligibility                                 – Any salaried persons / Professionals – Self Employed / Businessman; only for the purpose of purchase of New Vehicle for personal usage; Loan amount will depend upon the repaying capacity of the applicant and the worth of the personal guarantees offered.   Quantum… Read More »

The Sarvodays Sahakari bank limited – Personal Loan

  Purpose                                  – the purpose considered are, 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 Rs.1 lakh whichever is… Read More »