Category Archives: Glossary

The kaduthuruthy Urban Co-Operative Bank Limited- Business Cash Credit

The kaduthuruthy urban co-operative bank was registered on November 14th 1973 with 323 Members and a share amount of Rs 17900/-as working Capital.  In November 1974 itself the Bank came under the Banking Regulation Act from then onwards the bank’s   deposits   are   having   Insurance   Coverage. The bank was issued license by the RBI on 17.06.1986,… Read More »

Pusad Urban co-op Bank Limited – Traders working capital loan

Purpose                                  – To offer loan to Traders term Loan: Individual, Proprietorship Firm, Partnership Firm. Eligibility                                 – The Borrower should have any type of Traders/ Businessmen/ having license holder, residing in the area of operation of the Bank, the applicants and the guarantors should be permanent member of the Bank. Basis for Deciding of… Read More »

Pusad Urban co-op Bank Limited – Secured cash credit loan

Purpose – The purpose of the loan is to offer financial assistance to Builders and Developers, Grain Commission agent, Transportation License Holder to develop their business Eligibility – Builders and Developers, Grain Commission agent, Transportation License Holder, the applicant should be a permanent member of the Bank. Basis for deciding loan limit · Up to… Read More »

Pusad Urban co-op Bank Limited- Professional loan

Purpose                      – The loan can be sanction either Term Loan or Working Capital Loan. The loan can be sanction for the purchase of Plot and Construction of Building, Purchase of Equipment and Instruments, Purchase of Furniture’s and Fixtures, Purchase of Computers, Laptops and other peripherals, Purchase of Books and other materials in the profession. Eligibility                    … Read More »