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Loan against collateral


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Introducing Loan from The Seva Vikas Co-op Bank Ltd. Now you can use your FD, RD, NSC, Gold to fulfill your financial requirements without having to liquidate it in an hour of need.

 

The facility enables you to meet your requirement for business as well as personal needs.

Documents Required

 

FOR THE APPLICANT AND BOTH THE GUARANTORS

SALARIED PERSONBUSINESS PERSON
1.PHOTO1.PHOTO
2.PAN CARD2.PAN CARD
3. PHOTO ID PROOF3. PHOTO ID PROOF
4.RATION CARD OR ADDRESS PROOF4.RATION CARD OR ADDRESS PROOF
5.LATEST SALARY SLIP (FOR 3 MONTHS)5.RENEWED COPY OF SHOP ACT LICENSE
6.PASS BOOK XEROX OR STATEMENT OF SALARY ACCOUNT6.BALANCE SHEET AND PROFIT & LOSS ACCOUNT (3 YEARS)
7.DOCUMENTS RELATED TO PURPOSE OF LOAN7.COPY OF SARAL / RETURN FILED IN INCOME TAX DEPT (3 YEARS)
8.COPY OF ACCOUNT STATEMENT WITH OTHER BANKS (IF ANY)
9.NOC FROM PREVIOUS BANKERS (IF MIGRATING)
10.DOCUMENTS RELATED TO PURPOSE OF LOAN

Interest Rate

 

This multipurpose loan helps you meet your personal financing needs at attractive interest rates

 

Type of credit facilityRate of interest
Loan against FD, RD, NSC, Gold etcContact nearest branch
NOTE:

*Specific interest rate applicable to a customer would be dependent on segment, asset category and location



Features

 

Why sell securities if you can simply draw a loan against them? Take maximum benefit of loan against securities which comes with the advantage of paying interest only on the amount and duration of loan used.

 

  • Faster loans sanctioning
  • A variety of loans to both salaried and self-employed individuals
  • High amounts loans sanctioned*
  • Competitive interest rates
  • Easy documentation
  • Best in class customer service
  • Competitive rate of interest