The Varachha Co-op. Bank Limited – Education Loan

The bank offers financial assistance by way of loans to the meritorious students in order to encourage them to start the full time Graduate/Post Graduate professional course in private professional colleges and universities for developing the technical skills in various disciplines viz. medical, engineering, management, computer science etc. The bank also offers home loan, personal… Read More »

Indraprastha Sehkari Bank Limited – Loan for purchase of new car

  Purpose –           The loan is offered for the purchase of 2nd hand Car   Eligibility –           Any individual bonafide member of the bank, having minimum monthly salary of Rs. 10,000/- are eligible for the car loan   Quantum of loan –           Rs. 3 Lakhs or 30 months’ income of the borrower whichever is less.… Read More »

Greater Bank – Grihalakshmi Housing Loan

Purpose                      – To provide housing loans to individuals at competitive interest rate considering the needs; the bank offers financial assistance to construct your own bungalow, buy flat/Row House, buy resale flat, takeover of existing home loan with other banks & financial institutions. Eligibility                     – Salaried individuals, Businessmen, Self-employed professionals like Doctors, Engineers, Lawyers, Chartered Accountants,… Read More »

The Varachha co-op. Bank Limited – Personal Loan

The Varachha Cooperative Bank Ltd., came into existence on 16th October 1995 and Inauguration ceremony was done by on the hand of Shree Swami Sacchidanand. This loan is for personal purpose like family holiday tour, medical treatment, education expenses, marriage etc. Repayment tenures are up to 60 months. Purpose                      – Any personal use, Business use… Read More »

Taking a home loan? Beware of these facts

A bank is eligible to demand additional security when property prices fall. Even if you are loyal on your EMI payments, this clause demands a security cover in addition to your loan amount and if a borrower fails to provide such a security then he/ she may be declared a defaulter by the lender.