| At
Almora Urban Co-operative Bank Ltd. we offer varoius loan facilities.
Details are given under appropiate heads. The rates given below are
applicable w.e.f 15.02.2007 |
|
Transport
Loan |
|
Housing
Loan |
|
|
Salary
Loan |
|
|
Loan
against Government Deposits |
|
Mid
Term Loan |
|
Gold
Loan |
|
Bank
Guarantee |
|
Cash
Credit Limit |
|
FD
Loan |
|
|
Self
Employment Loan |
|
Education Loan |
|
Consumer
Loan |
| Transport
Loan |
| Transport
loan is provided for the purchase of vehicles. Following are
the interest rates: |
| Upto
Rs. 2 Lakhs |
12.25
% |
| Rs 2 To Rs 5 Lakh |
12.75 % |
| Rs 5 Lakhs Above |
13.00 % |
|
For Old Vehicle |
14.00
% |
|
|
| |
|
Against
Old Vehicles Loan will be given to good & complete secure
parties. |
| |
|
The insurance of the old vehicle will be in the name of bank . |
| |
|
Two
Wheelers will not come against Transport Vehicles . It will
come under Consumer Loan. |
|
| Housing
Loan |
| Housing
loan is provided by bank to it's customers for purchase or construction
of house.Follwoing are the interest rates: |
| |
Repayment ( 5 Year) |
Repayment ( More than 5 year Upto 120 Months) |
| Up
to Rs 5 Lakh |
10.75% |
11.00 % |
| More than 5 Lakh and upto 20 lakh |
11.00% |
11.50% |
|
More than 20 Lakh |
12.00% |
12.50 % |
|
|
| |
|
In
House Loans Interest will be taken against floating pattern. |
| |
|
House
Loan will be paid in maximum 120 months EMI. |
| |
|
If
Loan is paid before its schedule term then 2% more of the remaining
loan will be charged as Foreclosure Charges. |
| |
|
The
Interest rate will be 12.50% for House Loan ( Commercial)
such as School, Banquet Hall, Hotel etc. |
|
|
| |
| Loan
Against Govt. Deposit |
| Bank charges
12.00% inertest against govt. deposit loans. |
|
| |
| Loan
Against Fixed Deposit |
| Against FDR of our bank |
1% more |
| Against Third party FDR |
2% more |
| Against FDR of other Bank |
13.00% |
| Against Other bank FDR loan will be given if the FDR is in the custody of our bank. |
|
| |
| Mid
Term Loan |
| Bank charges
13.00% interest rates for Mid Term Loan. |
|
| |
| Gold
Loan |
|
| |
| Bank
Guarantee |
| Bank Guarantee.(Fully Secure) only financial |
2% |
| If secured against FDR |
1% |
| |
|
| Cash
Credit Limit |
| This
loan is given against stock of Items to Shopkeepers to promote the
business. Following are the interest rates: |
| Upto Rs. 2 lakhs |
11.50% |
| Upto Rs. 5 lakhs |
12.00% |
| Rs 5 lakhs to Rs 25 lakhs |
12.50% |
| More than 25 Lakh |
13.00% |
|
| |
| Self
Employment Loan |
| Bank
charges 13.00 % interest rates for Self employment loan (for Doctors , Engineers for machinery etc). |
|
| |
| Education
Loan |
| Bank
charges 12.50 % interest rates for Education loan.The maximum tenure of the loan will be 7 years. |
|
| |
| Consumer
Loan |
| Bank
charges 14.50 % interest rates for Consumer loan. |
|
| Short Term Loan |
| Bank charges minimum 14 % for short term loans (given for one day to three months) |
| TOP |
| |
