NKGSB was established by a great visionary Sheth Shantaram Mangesh Kulkarni on 26th September, 1917.The Bank is now a Multi-State Bank having its area of operation in the States of Maharashtra, Karnataka, Goa, Gujarat and Union territories of Daman, Diu, Dadra and Nagar Haveli. Over the years, the Bank has consistently shown healthy growth both quantitatively and qualitatively. The Bank has not only grown in size of deposits and advances, but has multiplied its net worth making the institution financially sound and fundamentally strong.
Purpose – The loan is offered for the purpose of house repairs, Investment in business or profession, higher education, expenses for marriage, thread ceremony, medical and old debts.
Eligibility – Just like any other personal loan salaried people, professional and businessmen are eligible to receive this loan.
Documentation – In addition to the basic documents, data such as estimate of repairs and renovation of the house, Audited statement of accounts & tax returns of 3 years with purpose, in case of business, medical bills if the loan was foe medical expenses, invitation card and estimate of expenditure for marriage and acknowledgement of debt if the loan is to pay off old debts
Security – Mortgage of residential or commercial property
Surety – 2 Guarantor’s
Repayment – Up to 7 years