LOAN AND ADVANCES
In Our Sahakari we have several Types of Loans, are as belows
Portfolio
In Our Sahakari we have several Types of Loans, are as belows
The loans which are fully secured in all sorts of our co operative are Secured loan.
Rate of intrest: 18.5% upto 100000 and 18% for above 100000/-
PROCEDURE FOR SECURED LOANS ON SITES
After collection of documents it should be followed with below said criteria
The process will be for about 4-5 days according to the availability of exact documents
The loans which are having collateral security upon which our co operative can sanction above 20-25% of the security offered upon risk
PROCEDURE FOR COLLATERAL HAND LOAN
After collection of documents it should be followed with below said criteria
PROCEDURE FOR HAND LOAN
After collection of documents it should be followed with below said criteria
PROCEDURE FOR LOAN ON MOTOR VEHICLE
After collection of quotation we will receive down payment documenting details of customers and guarantor, then DD will be issued along with covering letter for hypothecation, afterwards we will collect remaining documents after registration of vehicle.
PROCEDURE FOR SOUHARDA DAILY RECOVERY LOAN
In this loan we collect interest before issuing loan they have to repay in daily equal installments in period of 100 days
Example: If we issue 10000, loan means they have to repay Rs.100 daily for 100days.
The loans, which are fully secured in all sorts of our co-operative, are Secured loan.
PROCEDURE FOR SECURED MORTEGAGE TERM LOANS ON SITES
After collection of documents it should be followed with below said criteria
The process will be for about 4-5 days according to the availability of exact documents
The loans, which are made upon their investments in our sahakari, which are fully secured
PROCEDURE FOR LOAN ON TERM DEPOSIT
After collection of documents it should be followed with below said criteria
The process will be for about 10 -15min according to the availability of exact documents
PROCEDURE FOR JEWEL LOAN
After collection of documents it should be followed with below said criteria
The process will be for about 10-15min according to the availability of exact documents