The Bank finances various business/manufacturing activites small scale industries, professionals and also to individuals for acquiring dwellings at very attractive terms and at most competitive interest rates. No hidden charges such as processing/ inspections/ commitment charges are levied reducing the effective cost of borrowing to the minimum.

Keeping in view the requirements of various categories of borrowers, the Bank offers following types of facilities :

animation   Working Capital Loan against Hypothication of stocks/Book Debts.

animation   Cash credit.

animation   Term Loan for purchase of Machinery.

animation   Term Loan for purchase/construction of factory shed/building.

animation   Term Loan for purchase of office premises.

animation   Term Loan for purchase of Equipment/Nursing home by Medical practitioner.under doctors scheme

animation   Housing loan for purchase of residential building/flat.

animation   Property Mortgage Loans /Overdraft.

animation   Overdrafts/Loans  against Bank's Fixed  DepositReceipts/ N.S.Cs./

Govt. Securities/ L.I.C. Policy/ Shares, Vehicles  etc.

For all types of facilities, in addition to the primary security, suitable collateral in the form of third party guarantee/mortgage of immovable property or other tangible may be necessary.

Rates of Interest

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