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Meenachil East Urban Co-operative Bank Limited- Small Business loans

The bank was established in the year 1958, MEUCB was formed to provide a safe, efficient and service oriented repository of savings of the community and to provide need based credit at reasonable rates of interest. MEUCB is regarded as one of the well-run banks in the comity of Co-operative Sector Banks in the country. The bank offers home loan, agricultural loans, vehicle loans etc

It has been our constant endeavor to bring a sharper focus to the requirements of our customers. The Bank will continue its endeavors in providing high quality services to its customers. It offers home loan, personal loan, vehicle loan, business loan etc.

Purpose                      – The purpose of the loan is to provide financial assistance to small business enterprises

Eligibility                     – Self employed persons / small scale business entrepreneurs

Quantum of Loan       – Maximum of Rs50, 000/- is available as surety loan for self employed persons / small scale business entrepreneurs

Rate of Interest                     – As per the terms and conditions of the bank during the loan approval

Documents Required             – Proof of address, identity, Bank account statement etc

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