Small Business Enterprise Loan to give support to the small business enterprise setup mainly for giving loan to small business enterprise on following terms and conditions . Purpose – The loan is offered for the purchasing equipment, repairing or renovating existing equipment and or acquiring and repairing business premises or for purchasing tools and /… Read More »
In case you have own property and you need money for your personal or business need you can barrow money against your property under this schemes Purpose – For Personal needs or for business purposes including balance takeover from other banks but nor for speculative purpose. Property as mortgage will be accepted only in the… Read More »
Purpose – The scheme provides for financing of various consumer durables and utility articles like Two Wheeler, T.V, Refrigerator, air conditioner, CD/DVD, mobile phone, washing machine, personal computers, furniture etc. Eligibility – Salaried Employees whose monthly income is Rs.5000/- per month (net salary), self employed whose annual income is Rs.100000 per annum Repayment – Two-Wheelers-1yr… Read More »
A recent press report said that the Chairman and Managing Director, Canara Bank, Mr. S. Raman, said that RBI has to do a balancing act between curtailing inflation and growth. He said that the bank is planning to raise its interest rates as soon as possible. The bank is into providing many a variety of… Read More »
PURPOSE – To overcome the problem of power shortage that is being faced by the public particularly in rural & semi urban areas and to exploit the solar energy as much as possible to preserve the fossil fuel, i.e. coal, oil, gas and to fulfill the need for electricity, the use of solar energy, for… Read More »
Vaish Cooperative Adarsh Bank Ltd is an urban cooperative bank that was established in the year 1936 and has been serving the customers through its excellent service since then. It has 10 branches in the territory of Delhi itself. The bank adopted this name in 1964. The bank got its banking license in 1986. The… Read More »
A recent press report said that LIC has introduced a new health policy that covers your parents’ in-law in heath insurance, apart from your parents. The name of the scheme is ‘Jeevan Arogya’, which offers comprehensive hospitalisation benefits for the whole family, including in-laws of the principal insured. The features of the policy are very… Read More »
A recent report from the S&P said that the Indian banking sector is likely to face pressure on margins in the current fiscal, in spite of the expectations in the improvement of asset quality will improve, said Standard & Poor’s Rating Services. The average gross non-performing loan of Indian banks are expected to improve from… Read More »
A recent press report said that Bank of India has raised interest rates by 25-75 basis points on fixed deposits of select maturities with immediate effect, according to a notice on the BSE. The individual services of the bank include bank deposits, international banking, education loans, home loan; personal loan etc. The bank has announced… Read More »
Purpose – Construction or purchase of new dwelling units, financing of old dwelling units (not more than 15 years old) provided it is in a good condition. repair/renovation/extension of existing house; repayment of loan availed from housing Finance companies/banks; Purchase of plot to construct a house subject to condition that a house will be constructed… Read More »