Reg. No: SA 2914 Dated : 27 Jan. 1995
License No: UBD Guj-1153 P Dated : 01 July 1995

Home Loans

Eligibility of borrower * Having current / saving account holder of the Bank.
* Borrower must be a member of the Bank. 
* Have good reputation and credit worthiness.
Purpose of Loan       Purchase/Construction of residential building for his own use.
Quantum of finance Up to 80% of cost of construction or purchase value Maximum Rs. 70.00 Lacs.
Share Linkage Borrower must have Bank's share linkage @ 1% of the loan sanction amount.
Repayment period Maximum 180 months
Rate of Interest 9.50%  p. a.
Security Prime:
* Simple mortgage  property purchase/constructed out of the Bank finance
* Third party guarantee of two personal guarantors  having good Credit  worthiness and  financially sound  and member of the Bank.

 Home Loan