Category Archives: Glossary

Pusad Urban co-op Bank Limited – Mortgage loan

Pusad urban cooperative bank was established in 1985. The role of the bank was that “Rural people should be self dependent”. Since then the bank is working for the economic development of the Vidarbha. Pusad urban cooperative bank always try to offer innovative customer service and schemes.   Purpose                      – The loan is offered for… Read More »

Pusad Urban co-op Bank Limited – Loan against government Securities

Pusad urban cooperative bank was established in 1985. The role of the bank was that “Rural people should be self dependent”. Since then the bank is working for the economic development of the Vidarbha. Pusad urban cooperative bank always try to offer innovative customer service and schemes. The bank offers home loan, personal loan, vehicle… Read More »

Pusad Urban co-op Bank Limited – Home Loan

Purpose                                  – The loan is offered for purchase of ready built house / Flat, construction, repairs and renovation of house and extension of existing house. Eligibility                                 – The Housing loan may be sanctioned to the borrower within the area of operation of the Bank, age 21 to 55 years. The applicant should be… Read More »

Pusad Urban co-op Bank Limited – Guarantee Repayment Loan

Purpose                      – Any purpose similar to personal loan   Eligibility                     – age between 18 years to 53 years, the applicant must be a Government employee, Semi-Government employee, School, Collages and Bank etc.   Membership                – The applicants and the guarantors should be permanent or Nominal Members of the Bank.   Repayment of Loan   – Repayment… Read More »

Pusad Urban co-op Bank Limited – Vehicle Loan

Purpose                      – The purpose of the vehicle loan is to offer financial assistance to the members of the bank in order to purchase two wheelers or four wheelers. Eligibility                     – Age between 18 to 60 years, the applicant should have valid driving license just like any other car loan Membership                – Incase of purchase of… Read More »

Pusad Urban co-op Bank Limited – Personal Loan

Purpose                               – Purchase of consumer durables, TV/Refrigerator/ Other household and other personal needs and other contingencies Eligibility                             – The applicants and the guarantors should be permanent or Nominal Members of the Bank. Quantum of Loan             – The loan limit of the personal loan is from Rs.10,000/- to Rs.1,00,000/- Repayment                        – From 12 months to maximum… Read More »