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.
Consumer Loan offers consumer durables, as ones home is more than just four walls. The loan is offered for the purchase of consumer durables with low processing fee and speedy approvals unlike other personal loan.
Purpose – Purchase Television, Refrigerator, Washing machine, Computers, Dish washer, Music systems, two-wheeler etc
Eligibility – Salaried, Professional or Businessmen
Quantum of loan – Maximum Rs.100000
Documents – Proforma Invoice of an authorised dealer and proof of margin money in addition to the basic document
Security – Hypothecation of article to be purchased
Surety – 2 Guarantors
Repayment – Up to 5 years
Prepayment Charges – No prepayment charges for repayment through own source
Repayment method – Easy repayment options- ECS or Post dated cheques