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 bank offers Loan Schemes at very competitive rate of interest & reasonable documentation with fast disposal. The various loan schemes of the bank are Car Loan, Home Loan, Cosmo Credit Loan, Cosmo Mortgage Loan, Cosmo SME Loan, Industrial and Business Loan, Vendor Finance, LC discounting, Gold loan scheme Loan, Educational Loan, Share Overdrafts etc.
Purpose – Any purpose
Quantum of Loan – Loan up to Rs.100.00 lakhs
Eligibility – Property having age up to 25 years old in case of residential property and 30 years in case of commercial properties will be considered
Rate of Interest – The rate of interest for the loan is 11.50% per annum
Others
1. Minimum Documents.
2. Fast Processing of Loans.
3. Immediate Loan Sanction.
4. Schemes under Capital Subsidy, Technology Up-gradation Fund etc also available
5. Both Term Loan and Overdraft facility available.