|
as on 10/04/2007
The Kapol Co-operative Bank
Ltd., is offering the following interest for the various loans and
advances schemes -
 |
Interest Rates for Loans and Advances |
 |
 |
|
TYPES OF LOANS AND
ADVANCES |
EXISTING RATE OF INTEREST % pa |
|
Upto & Inclusive of Rs.5,00,000/- |
13.50%* 14.00%** |
|
Over Rs.5,00,000/- |
14.50%* 15.00%** |
|
Clean Loan for Personal Purposes
Purpose -
– Repairs & Renovation,
– Marriage, Consumer etc. |
15.00% |
|
Asset Finance Scheme / Rent
Receivable Scheme |
16.00% |
|
Advances against shares & debentures
- (w.e.f.
1/4/2008)
Maximum Limit -
– Physical Shares - Rs.05,00,000/-
– Demated Shares - Rs.10,00,000/-
|
14.00% |
|
Adhoc Limit |
2.00% over applicable limit |
|
Against Clearing / Cheque & DD / P.O.
Purchase |
17.00%
(minimum Rs.10/-) |
|
Housing Loan (Maximum Limit
Rs.25,00,000/-)
Upto Rs.5,00,000/-
Above Rs.5,00,000/-
EMI Rs.1378/- for every Rs.1,00,000/- for 120
months
EMI Rs.1137/- for every Rs.1,00,000/- for 180
months |
11.00%
11.50% |
|
Finance to Professionals |
13.00% |
|
Educational Loan (Maximum Limit
Rs.5,00,000/-)
– Medical student
|
13.00% 11.00%
|
|
Vehicle Loan
Maximum Limit for -
– 2 Wheelers – Rs.75,000/- &
– 4 Wheelers – Personal Use |
12.00% |
|
Govt. Securities (NSC / KVP / RBI Bond
/ LIC )
Maximum limit -
Rs.5,00,000/- for NSC / KVP / RBI Bond and
Rs.2,00,000/- against surrender value of LIC
|
11.00% |
|
Term Loan -
– Machinery
– Industrial Gala
– Shop
– Furniture
– Fixtures
– Repairs
– Renovation of business premises
– Commercial vehicle |
As per size of advance |
|
Computer Loan – for more than one
computers |
15.00% |
|
Computer Loan – for one computer –
personal use
(Maximum limit to branch Rs.1,00,000/-) |
14.00% |
|
Gold Loan & Advance against Third Party
Deposits |
As per size of advance |
* For Working Capital existing
accounts but not for Term Loan (Working Capital)
Accounts.
** For fresh Working Capital and Term Loan sanctioned
on or after 10/4/2007. |
|
.....
Click here for EMI Calculators |
|
 |
 |
 |
 |
|
|
