Purpose – One guarantor of sufficient means and having net worth of 1.5 times of loan amount (along with proof of net worth). Eligibility – Salaried individual who is a confirmed employee in state or central govt. PSU, companies, private establishment/organization, education institution etc. Minimum net annual income Rs 60000/ and above. Self employed or… Read More »
HCBL-Budget is a unique loan scheme for advance against Fixed or Term Deposit Receipts Purpose – To meet out personal or business need both in form of term loan or overdraft (as applicable) Eligibility – Individual, Professional or Self employed or Businessmen having deposit accounts with Bank. Amount Of Loan – At the discretion of… Read More »
Purpose – To offer housing loan for residential purpose covering construction, addition, purchase, takeover and renovation of house property, building etc Finance for purchase of land is only permissible in case the purchase is for residential use and is constructed within one year. Eligibility – Salaried employee in age of 21 to 65 yr… Read More »
A recent press repots said that Indian Bank has planned to push for educational loans in Karnataka. The outstanding of the bank stood at Rs 44.67 crore benefiting 1,698 students in the State. Mr. T.M. Bhasin, Chairman and Managing Director of Indian Bank, said the bank’s total educational loan portfolio stood at Rs 2,810.67 crore… Read More »
A recent press report said that a Leading private equity firm ICICI Venture has planned to raise up to Rs 1,000 crore from high net worth individuals in the next 6-9 months to invest in the residential real estate. Mr. Sanjeev Dasgupta, ICICI Venture President (Real Estate) told the press that they are planning to… Read More »
A recent press report said that HDFC Bank, the second largest private sector bank in the country, held a Mega Loan Mahotsava at Patas near Pune in Maharashtra. The bank had organized a first-of-its-kind one-day Mega Loan Mahotsava in Patas with a focus on loans for construction (home loan), earth-moving equipment and agriculture. Reports said… Read More »
A recent press report said that Corporation Bank has opened its branches at Tundla and Usaini in Firozabad district of Uttar Pradesh recently. The branch was opened by Mr. Ramnath Pradeep, Chairman and Managing Director of the bank. The branches come under Meerut zone of the bank consisting of branches in Uttarakand and some districts… Read More »
The Thane Janata Sahakari Bank Ltd has emerged as one of the leading multi state scheduled co-operative Bank in the country. It presently is catering to the needs of society through a close network of 54 Branches and 1 Extension Counters spread all over the city of Thane, Mumbai, Navi Mumbai, Nasik, Pune & Satara. The… Read More »
The Thane Janata Sahakari Bank Ltd has emerged as one of the leading multi state scheduled co-operative Bank in the country. It presently is catering to the needs of society through a close network of 54 Branches and 1 Extension Counters spread all over the city of Thane, Mumbai, Navi Mumbai, Nasik, Pune & Satara. The… Read More »
A recent press report said that Bank of India has decided to process all credit-related services for benefit of its customers. Mr. Prem Kumar, general manager, of the bank told the press that the bank would process loans within a fixed time frame. He said that all credit proposals between Rs. 1 crore and Rs.… Read More »