Loans

    Vehicle Loan

    • Vehicle Loan For A-Class Members Of the Bank @ 12.6% For 7-Years, Repayments as EMI.
    • Loan up to a maximum of Rs. 10 lakhs is allowed on property pledges / fixed deposits. However, Government / Half Government Employees / Teachers will be allowed up to Rs.5 lakhs for vehicle loans only on the pledge of the salary certificate.
    • A borrower who takes out a loan on property pledges will be allowed to pay the vehicle loan if he pays 25% of the property pledge loan. The loan amount will be allotted only for lesser amount, which is either the requested amount or 80% of the vehicle price.
    • A female member is granted upto 50,000 / – on the bail of another female member.
    • Government employees will be given loans up to Rs 2 lakh on their own bail and Rs 5 lakh on the bail of another employee. The loan given is twenty times the net salary.
    • Investors who are Class A members of the bank can avail loans up to 125% of the deposit.
    • The vehicle loan term is 84 months. But when the loan is granted to employees, the loan should end 2 months before the retirement date.
    • Insurance / tax / registration fees are not considered vehicle cost on the loan of the applicant.
    • 13% interest on fixed deposit vehicle loan and 14% interest on other pledged auto loan and rebate at the rate allowed for ordinary borrowers

    NB: Find the Up-to-date and Attractive Interest Rates for the Loans and Deposits, that suits your customized needs; From ‘Rates & Charges‘ Section.

    News

    Latest News

    10% rebate for UMT loans.

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    Special Interest rates for Senior Citizens (upto 7.00 %)

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    O.D upto 6.00 Crores!!

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    6% Rebate on total interest paid for non-default prompt Loanees

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    Now Easy Gold Loan @8.50% Only

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    Housing Loan @12.40%

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    Educational Loans

    Educational Loans

    Education loan to meet expenses of higher education.

    Housing Loans

    Housing Loans

    Loans for purchase of House or Flats.

    Vehicle Loans

    Vehicle Loans

    Fulfil your dream of owning a vehicle