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.
The bank offers the personal loan at attractive interest rate and speedy approval. The documentation process is made simple for the benefit of the customers.
Purpose – House repairs, Higher education, Expenses for marriage, thread ceremony, medical and old debts
Eligibility – Salaried, Professional, Businessmen
Quantum of loan – Maximum Rs. 200000
Documentation – In addition to the basic documents the borrower has to submit the following documents
- House Repairs – Estimate of repairs and renovation
- Education – Proof of Admission and estimate of expenditure
- Business – Audited statement of accounts & tax returns- 3 years with purpose
- Medical – Medical bills
- Ceremony – Invitation card and estimate of expenditure
- Pay off old debts – Acknowledgement of debt
Security – 2 or 3 Guarantors
Repayment – Up to 5 years
Prepayment charges – No pre-payment charges for repayment through own source