The Cosmos Co-operative bank was established in the year 1906, it is the second the oldest bank in the country. The Bank has recently completed glorious 106 years of service successfully. It has attained multi state scheduled status in 1997. The Bank is a professionally managed ‘Financial Institution’, a benchmark of credibility and innovation. Bank… Read More »
The Cosmos Co-operative bank was established in the year 1906, it is the second the oldest bank in the country. The Bank has recently completed glorious 106 years of service successfully. It has attained multi state scheduled status in 1997. The Bank is a professionally managed ‘Financial Institution’, a benchmark of credibility and innovation. The… Read More »
“Group Housing Loan Scheme” is the new loan scheme of the bank offering home loan to its customers. Purpose – For purchase of Flat, Row Houses, Construction of Houses Eligibility – Group housing loan scheme is applicable to Individual borrowers also. Quantum of Loan – Rs.1.00 lakhs to Rs.50.00 lakhs Margin – Loan will be… Read More »
The kaduthuruthy urban co-operative bank was registered on November 14th 1973 with 323 Members and a share amount of Rs 17900/-as working Capital. In November 1974 itself the Bank came under the Banking Regulation Act from then onwards the bank’s deposits are having Insurance Coverage. The bank was issued license by the RBI on 17.06.1986,… Read More »
Purpose – To offer loan to Traders term Loan: Individual, Proprietorship Firm, Partnership Firm. Eligibility – The Borrower should have any type of Traders/ Businessmen/ having license holder, residing in the area of operation of the Bank, the applicants and the guarantors should be permanent member of the Bank. Basis for Deciding of… Read More »
Purpose – The purpose of the loan is to offer financial assistance to Builders and Developers, Grain Commission agent, Transportation License Holder to develop their business Eligibility – Builders and Developers, Grain Commission agent, Transportation License Holder, the applicant should be a permanent member of the Bank. Basis for deciding loan limit · Up to… Read More »
Purpose – The loan can be sanction either Term Loan or Working Capital Loan. The loan can be sanction for the purchase of Plot and Construction of Building, Purchase of Equipment and Instruments, Purchase of Furniture’s and Fixtures, Purchase of Computers, Laptops and other peripherals, Purchase of Books and other materials in the profession. Eligibility … Read More »
Pusad urban cooperative bank was established in 1985. The role of the bank was that “Rural people should be self dependent”. Since then the bank is working for the economic development of the Vidarbha. Pusad urban cooperative bank always try to offer innovative customer service and schemes. Purpose – The loan is offered for any… Read More »
Purpose – The loan is offered for purchase of ready built house / Flat, construction, repairs and renovation of house and extension of existing house. Eligibility – The Housing loan may be sanctioned to the borrower within the area of operation of the Bank, age 21 to 55 years. The applicant should be… Read More »
Purpose – Any purpose similar to personal loan Eligibility – age between 18 years to 53 years, the applicant must be a Government employee, Semi-Government employee, School, Collages and Bank etc. Membership – The applicants and the guarantors should be permanent or Nominal Members of the Bank. Repayment of Loan – Repayment period of loan… Read More »