Way back in 1984, a group of enthusiastic and co-operative minded people belonging to KDO Jain Community assembled and took a strong decision for launching a Co-operative Bank of their own in this great city of financial hub and monetary operations. The promotion work was entrusted to Shri. Pravin D Khona, Shri Laxmichand S Ratani… Read More »
Way back in 1984, a group of enthusiastic and co-operative minded people belonging to KDO Jain Community assembled and took a strong decision for launching a Co-operative Bank of their own in this great city of financial hub and monetary operations. The promotion work was entrusted to Shri Pravin D Khona, Shri Laxmichand S Ratani… Read More »
Way back in 1984, a group of enthusiastic and co-operative minded people belonging to KDO Jain Community assembled and took a strong decision for launching a Co-operative Bank of their own in this great city of financial hub and monetary operations. The promotion work was entrusted to Shri. Pravin D Khona, Shri Laxmichand S Ratani… Read More »
Purpose – For working capital requirements only Eligibility – All persons/proprietorship firms/Regd. Partnership firms/Companies engaged in trade or service of any commodity/goods and are in their line of business for at least 2 years, who are the bonafide members of the bank. Nature of facility – The credit facility may be sanctioned either in the form… Read More »
Purpose – For purchase of Machines, Vehicles of all types, Office equipments etc for business use and construction/repair/renovation or purchase of factory land and building or office premises Eligibility – Any member of the Bank engage in any type of trade or services or profession. Nature of facility – Term Loan Securities (Primary) – Hypothecation… Read More »
Purpose – For purchase of any medical equipment Eligibility – Any Individual bonafide member of the Bank Type of facility – Term Loan Maximum Limit – Rs. 10.00 lakhs subject to the maximum of 36 times of monthly income of the respective borrower Margin – 25% or above depending upon merit of each case Rate… Read More »
Purpose – For working capital requirement only for construction of residential or commercial buildings Eligibility – Any individual, group of individuals, Proprietorship, Partnership firm, companies who is/are a bonafide member of the bank and is/are undertaking small construction work on their own and no advance payment is received by them for the purpose, whose annual turnover… Read More »
Purpose – Pre-sale and Post-sale working capital requirements Eligibility – Any regular member of the Bank engaged in any trade or industry or services or profession. Nature of facility – Cash Credit or overdraft WCTL Bills purchased (BP) and/or Bills Discounted (BD) Primary Securities – stocks and/or Book Debts of the firm outstanding for not… Read More »
Purpose – Any legitimate requirement of finance, except for speculative purposes. Eligibility – Individuals & Business entities who is a bonafide member of the bank Quantum of Loan – Minimum Rs.5.00 Lakhs and Maximum Rs.75.00 Lakhs, subject to maximum of 36 month salary or income in case of individual borrowers, Level of Debt Service Coverage Ratio… Read More »
Indraprastha Sehkari Bank Limited came into existence on 01.10.1989 with one office in Delhi, with a paid up capital of just Rs. 15, 62,900 and 2666 members because of constant efforts made by Late Shri. Tara Chand, an eminent Co-operator who was also the founder of Delhi Nagrik Sehkari Bank Limited, Delhi. The bank offers… Read More »