A recent press report said that State Bank of Hyderabad (SBH) has entered into a memorandum of understanding with Heritage Foods India Ltd to extend dairy loans. Ms. Renu Challu, Managing Director, SBH, told the press that the objective of the MoU is to help the poor by providing investment credit in agriculture. She said… Read More »
Purpose – Any purpose Eligibility – The borrower should have N.S.C., K.V.P., Relief Bond etc. Margin – 20% Rate of Interest – The rate of interest is 11% Duration – Till date of maturity of Securities Other Conditions – The applicant borrower must open Saving Bank/Current Account and furnish all papers/ documents as per… Read More »
A recent press report said that Oriental Bank of Commerce reported a 2.37 per cent decline in net profit for the first quarter ended June 30, 2011 at Rs 354.70 crore. Reports said that the decline in profit was due to the increase in the cost of deposits much sharper than the increase in yield… Read More »
The Kottayam District Cooperative Bank Limited No.4309 is the apex body of the PACS in the District. The Bank was registered on 31.07.1958 under the Travancore-Cochin Cooperative Societies Act and has started functioning on 01.09.1958. It is at present functioning under the control of KCS Act 1969 & byelaws, as approved by the RCS. As… Read More »
Purpose – To offer financial assistance for purchase or construction of shop, office or shed Eligibility – Salaried, self employed or professional with repaying capacity Margin – 30% Rate of Interest – 13.5% Duration – 84 months Prepayment Charges – No prepayment charges similar to other personal loan offered by the bank Documents – Allotment… Read More »
Vijay Co-operative Bank Limited was instituted by Sh. Natwarlal Prabhudas Patel in the year 1963. Its registered office then was situated in Naroda at the Vijay Mills. The prime objective of commencement of Vijay Bank was to work for the less fortunate members of the community by enhancing their economic enterprises and create ample funds… Read More »
Vijay Co-operative Bank Limited offers its patronage various types of loans. Depending upon the requirement, one can avail of the loan facilities from the bank. It offers home loan, car loan, personal loan, consumer loan, educational loan etc. Purpose – Purchase of New T.V. Fridge, A.C., Washing Machine, Furniture, computer etc Eligibility – Available to… Read More »
Vijay Co-operative Bank Limited was instituted by Sh. Natwarlal Prabhudas Patel in the year 1963. Its registered office then was situated in Naroda at the Vijay Mills. The prime objective of commencement of Vijay Bank was to work for the less fortunate members of the community by enhancing their economic enterprises and create ample funds… Read More »
Purpose – To offer financial assistance to purchase vehicles Eligibility – Any salaried persons / Professionals – Self Employed / Businessman; only for the purpose of purchase of New Vehicle for personal usage; Loan amount will depend upon the repaying capacity of the applicant and the worth of the personal guarantees offered. Quantum of loan… Read More »
The bank was established in the year 1982 with an authorized Share Capital of Rs. 25.00 Lakhs and the paid up Share Capital of Rs. 4.00 Lakhs. The bank is rightly bracketed as one of the leading and top-most co-op. banks of the city. The bank offers home loan, personal loan, educational loan, vehicle loan… Read More »