Sardar Vallabhbhai Sahakari Bank Limited is a Co-operative Bank that got the License No. DBOD-UBD-GJ-351P from Reserve Bank of India’s on 21/11/1983. The Bank then spread its network with 4 branches in Ahmadabad City and 1 branch at Unjha (Mehsana District). The Bank is providing Safe Deposit Vault (Locker) facility at its Law Garden and Isanpur Branch. All branches of the Bank are fully computerized since 1998 and now connected with Core Banking System since May 2009. The bank offers home loans, personal loans, car loans, gold loans, education loan, consumer loans etc.
Purpose: The loan is offered for personal purpose of the customers; the loan is offered Government Security Loan against NSC, KVP, LIC Policy and other Government Securities
Quantum of Loan: We offer Up to 75% of valuation of Government Security and against LIC policy Up to 75% of surrender value or 100% of loan able value
Rate of Interest: 12%
Repayment: maximum 36 months
Initial Requirements: Copy of Income Tax Returns for last 2 Years; Valid Address Proof of the person wants Government Security loan; Banks endorsement will be there on the government security And LIC Policy; Bank Statement for last six months; Latest Salary Slip for salaried; 1 Guarantor will require for this loan; Copy Income Tax Returns of all guarantors; Passport size photographs for all; Other Requirements which may arise at the time of loan sanction.