Purpose: This loan finances acquiring of a house. Eligibility: The applicant should not be over 55 years of age. The applicant should have an annual income of at least Rs. 2 lakh. In case of salaried employees, the employers consent to deduct the EMI from the salary account need to be submitted. In case… Read More »
Vaish Cooperative Adarsh Bank Ltd is an urban cooperative bank that was established in the year 1936. Purpose: This personal loan finances purchase of consumer durables. Eligibility: The annual income of the applicant should not be less than 12 times the monthly installment of the loan. In case of salaried employees, the employers… Read More »
Vaish Cooperative Adarsh Bank Ltd is an urban cooperative bank that was established in the year 1936. Purpose: This personal loan finances purchase of vehicles. Eligibility: The applicant should not be over the age of 55 years. The applicant should have a minimum annual income of Rs. 1 lakh. In case of salaried… Read More »
Sudha Co-operative Urban Bank Limited started functioning on 17th January, 2000. The Bank is backed by 4000 share-holders and 9780 depositors/account-holders. The Bank has created its own History with 16 crores of deposits in several schemes and 11 crores of advances in as many as 16 loan segments. The Bank is rendering its services throughout… Read More »
Sudha Co-operative Urban Bank Limited started functioning on 17th January, 2000. The Bank is backed by 4000 share-holders and 9780 depositors/account-holders. The Bank has created its own History with 16 crores of deposits in several schemes and 11 crores of advances in as many as 16 loan segments. The Bank is rendering its services throughout… Read More »
A recent press report said that Vijaya Bank has planned to recover its bad debts. Employees irrespective of the cadre can attempt the recovery of bad loans and they would carry an incentive, which will be a percentage of the recovered amount. The bank has doubled its recovery target of bad debts to Rs 1,000… Read More »
HSBC India offers a pay bank loan scheme launched for its new home loan borrowers. The scheme offers to pay back 50 per cent of the interest paid, on the 12th, 24th and 36th equated monthly instalments (EMIs). The bank said that the offer was to reward their loyal home loan customers. At an interest… Read More »
According to recent press reports Tamilnad Mercantile Bank has signed an agreement with HDFC Asset Management Company for marketing the its mutual fund products through select authorized branches of the bank. Mr. S. Selvan Rajadurai, TMB’s General Manager, Business Development told the press that the bank has already tied-up with five leading mutual fund companies,… Read More »
According to the reports from the National Housing Bank (NHB) chairman and managing director, Mr.R.V. Verma, today said there has been a slowdown in the growth of housing loan uptake due to higher interest rates and rising property prices. He said that the housing finance loans have witnessed 25% growth each year for four consecutive… Read More »
Sudha Co-operative Urban Bank Limited started functioning on 17th January, 2000. The Bank is backed by 4000 share-holders and 9780 depositors/account-holders. The Bank has created its own History with 16 crores of deposits in several schemes and 11 crores of advances in as many as 16 loan segments. The Bank is rendering its services… Read More »