Loan Schemes Loan Schemes

Business Loans Schemes

Loans for trading & manufacturing units

Bank provides working capital loans by way hypothecation/pledge of goods. Term loans are also given for purchase of equipments, machineries, construction of factory building etc. to traders and industrialists as per the needs of the unit. The non fund based facilities like issuance of Bank Guarantees and Letters of Credit are also granted. The loans are granted to existing as well as new units. Suitable security acceptable to the bank is required along with third party guarantee of two regular members acceptable to the bank.

Loans to Professionals

Loans to Professionals property

Bank provides loans to professionals & self employed persons for purchase of furniture/fixture, equipments, construction of hospital etc. The applicant is required to bring in a margin of 25-30% towards cost of project. Suitable security acceptable to the bank is required along with third party guarantee of two regular members acceptable to the bank.

Loans against warehouse receipts

Bank provides loans to customers against pledge of warehouse receipts of Govt. godowns or NBHC. Loan up to 60 to 70% of the present value of goods pledged is granted. Third party guarantee of two regular members acceptable to the bank is required.

  1. Loans at the sole discretion of the Bank.

  2. Conditions apply.

Banking Facility