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 special scheme called Stree Udyogika Loan for women entrepreneurs. There are no prepayment charges.
Purpose – The loan is offered for the purpose of acquisition of Office premises / Industrial gala, Office- equipments, Machinery, Furniture & fixtures, Working capital etc
Eligibility – Manufacturing or Service unit run by women entrepreneurs
Quantum of loan – Maximum 90 % for Office equipment, furniture, computer and premises
Security – Hypothecation or Mortgage of asset to be financed
Surety – 2 Guarantor’s are required
Repayment – Up to 7 years
The bank offers attractive interest rate just like any other personal loan. The documentation and the repayment options are easy and simple.