Tag Archives: Personal Loan

Indraprastha Sehkari Bank Limited – Scheme for financing Fixed Assets

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 »

Indraprastha Sehkari Bank Limited – Purchase of Medical equipment for medical practitioners

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 »

Indraprastha Sehkari Bank Limited – Purchase of Consumer durables

Purpose –           For purchase of new Computers, Television Set, Refrigerator, Washing Machines and other consumer durables Eligibility –           Any Individual member, including Nominal Member of the bank similar to any other personal loan Maximum Limit –           Rs. 50,000/- or up to 10 times of monthly income of the borrower, whichever is less. Period of repayment–                       … Read More »

Indraprastha Sehkari Bank Limited – Secured Loan to Real Estates

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 »

Indraprastha Sehkari Bank Limited – Scheme for Working Capital Finance

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 »

Indraprastha Sehkari Bank Limited – Education loan

Purpose –           For the purpose of various expenses for the course of study like; tuition and other fees payable to the Collage, Institute, Hostel, Purchase of Books, Equipments, Instruments or Uniforms, any deposit required to be deposited, Traveling Expenses and any other expenses required to be incurred by the student for the said purpose. Eligibility                     – Any… Read More »

Indraprastha Sehkari Bank Limited – Easy Loan Scheme

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 – Unsecured loans to individual members

Purpose                      – For any social or religious ceremonies including marriage of self,  dependent children or real brothers and sisters; To meet the expenses on medical treatment of self, spouse, dependent children, parents or parents-in-law in case of female borrower; for meeting the expenses on higher education  of spouse, dependent children and siblings, for repair or… Read More »