Profina Fast track customized loan is the name given to the loan offered by NKGSB Co-operative Bank Limited. The bank offers Attractive Interest Rate and the documentation process is also very simple.
Purpose – Purchase of premises, equipments, purchase of vehicle, etc
Eligibility – Professional Chartered Accountants, Engineers, MBA Consultants, Architects, Company Secretary, Cost Accountant, Doctor etc
Quantum of loan – Up to 100 % for vehicle and Up to 90 % for equipment, machinery, computer and premises
Documentation – In addition to the basic documents, Professional Medical Certificate, Proforma invoice of an authorised dealer for the Vehicle, Estimate or Quotation for the purchase of equipment or Computer, Copy of Agreement or allotment letter for Premises, Chain of Agreements in case of re-sale, NOC from Society, Share Certificate of the society in the name of seller, Leave and license agreement if the applicant is currently staying on rent
Surety – 2 Guarantor’s
Repayment – Up to 7 years (Including moratorium)
Prepayment Charges – No prepayment charges for repayment through own source
Repayment options – ECS or Post dated cheque
Privilege – Enjoy additional Life cycle banking loan against same security with minimum documentation unlike other personal loan.