Purpose: This loan finances purchase of consumer items like TV, Washing Machine, Refrigerator, AC, etc. Eligibility: Any salaried individual, professional, businessman or self-employed individual can avail this loan. Margin: Up to a maximum of 70% of the total expenses will be granted as loan. Rate of Interest: The rate of interest is 14% per annum.… Read More »
Purpose: To provide financial assistance for Graduate/Post Graduate professional course in private professional colleges and universities (medical, engineering, management, computer science etc.) Eligibility: Students having consistently good academic record, who have secured admission in College/University against merit or payment seat can avail this loan. The college and the course must be affiliated to the university… Read More »
A recent press report said that Kotak Mahindra Bank has posted a net profit of Rs 249 crore for the quarter ended March 31, 2010, up 23 per cent from Rs 203 crore in the corresponding year-ago period. Reports said that the growth in its profit was due to the higher interest income and lower… Read More »
Mehsana Urban Co-Op Bank Limited was established on 23rd October, 1983, registered under Co Operative Society Act 1961 Registration No. 20052 the RBI License No. DB/UBD GJ 357 P dt. 28/09/1983. The Bank started with one branch at Mehsana with Share Capital of Rs. 15.00 lakhs, made continuous Progress as on 31/03/2010 paid up share… Read More »
Mehsana Urban Co-Op Bank Limited was established on 23rd October, 1983, registered under Co Operative Society Act 1961 Registration No. 20052. The Bank started with one branch at Mehsana with Share Capital of Rs. 15.00 lakhs, made continuous Progress as on 31/03/2010 paid up share capital is Rs. 33.19 crore. The Bank was given status… Read More »
A recent press report said that syndicate bank has raised $500 million through a medium-term notes issue. The bank has planned to use these funds for “build-up of assets” at its London branch, which is the bank’s first ever international bond issuance. The bond was issued at a fixed coupon rate of 4.75 per cent.… Read More »
A recent press report said that Lakshmi Vilas Bank has revised its interest rates for term deposits. The was founded in 1926 by seven people of Karur under the leadership of Shri V.S.N. Ramalinga Chettiar, to cater to the financial needs of varied customer segments. The bank offers home loan, personal loan, auto loan, busiess… Read More »
A recent press report said that UCO bank has planned to open 37 SMEs hubs pan-India in FY’12 in order to facilitate single window clearance for loans. Mr. Arun Kaul, Chairman and Managing Director, UCO Bank Chairman said that the bank has planned to set up 37 hubs that will provide to the loan requirements… Read More »
Jalgaon Janata Sahakari Bank Ltd. was established on 20th January, 1979. The Bank attained “Scheduled Bank” status on 29th January, 2000. The bank works with a vision of “Carve the names on the heart of common man instead of carving names on marble”. Bank had all its branches computerized by the year 2000. By the… Read More »
Jalgaon Janata Sahakari Bank Ltd. was established on 20th January, 1979. The Bank attained “Scheduled Bank” status on 29th January, 2000. The bank works with a vision of “Carve the names on the heart of common man instead of carving names on marble”. Bank had all its branches computerized by the year 2000. By the… Read More »