urbank bank changanacherry

Loan

Loans

Eligibility

A’ Class members are eligible for availing the Dream Home purchase loan

Security

The loan will be issued on the security of Land and Building

Limit of Assistance

The maximum amount of a loan is fixed as Rs. 30 Lakhs

Duration

The duration of the loan will be available at a maximum of 15 years.

Interest Rate

Current Minimum Interest rate for the loan is 12%

 

Eligibility

A’ Class members are eligible for availing the Housing loan (to build new House in the property).

Security

The loan will be issued on the security of Land and Building.

Limit of Assistance

The maximum amount of a loan is fixed as Rs. 30 Lakhs, will be issued upon stagewise progress.

Duration

The duration of the loan will be available at a maximum of 15 years.

Interest Rate

Current Interest rate for the loan is 11.5%

 

Eligibility

A’ Class members are eligible for availing the Urban Business Special loan.

Security

The loan will be issued on the stock of the business entity.

Limit of Assistance

The maximum amount of a loan is fixed as Rs. 3 Lakhs.

Duration

The duration of the loan will be available at a maximum of 40 months.

Interest Rate

Current Interest rate for the loan is 13%

Eligibility

A’ Class members are eligible for availing the House Maintenance loan

Security

The loan will be issued on the security of Land and Building

Limit of Assistance

The maximum amount of a loan is fixed as Rs. 6 Lakhs

Duration

The duration of the loan will be available at a maximum of 8 years.

Interest Rate

Current Minimum Interest rate for the loan is 12%

 

Eligibility

A Class members are eligible for availing the Vehicle loan

Security

The loan will be issued on the security of Vehicle hypothication

Limit of Assistance

The maximum amount of a loan is fixed as Rs. 10 Lakhs

Duration

The duration of the loan will be available at a maximum of 8 years.

Interest Rate

Current Minimum Interest rate for the loan is 11%

 

Eligibility

A class or C class members are eligible for availing the Gold loan

Security

The loan will be issued on the security of Gold

Limit of Assistance

The maximum amount of a loan is fixed as Rs. 20 Lakhs

Duration

The duration of the loan will be available at a maximum of 12 months.

Interest Rate

Current Minimum Interest rate for the loan is 9.5%

 

Eligibility

A Class members are eligible for availing the Self Employment / Business Loan

Security

The loan will be issued on the security of Land and Building

Limit of Assistance

The maximum amount of a loan is fixed as Rs. 25 Lakhs

Duration

The duration of the loan will be available at a maximum of 8 years.

Interest Rate

Current Interest rate for the loan is 11%

Eligibility

A Class members are eligible for availing the Suryakiran solar Loan

Security

The loan will be issued on the invoice of the requirement quotation and eligibility verification by bank officials.

Limit of Assistance

The maximum amount of a loan is fixed as Rs. 5 Lakhs

Duration

The duration of the loan will be available at a maximum of 5 years.

Interest Rate

Current Interest rate for the loan is 11%

Eligibility

A’ Class members are eligible for availing the SHG loan

Security

The loan will be issued upon the status of SHGs through various modes.

Limit of Assistance

The maximum amount of a loan is fixed as Rs. 8 Lakhs

Duration

The duration of the loan will be available at a maximum of 3 years.

Interest Rate

Current Minimum Interest rate for the loan is 10.5%

 

    Gold Loans

    • Gold Loan for 3, 6 and 12 Months
    • Upto 20 Lakhs

     

    Home Loans

    • Income certificate / income proving documents.
    • Estimate for the construction of the proposed building by compitent authority

    Home Loans Interest Rate

    • Upto 5 Lakhs - 11.25%

    • Above 5 lakhs - 11.00%

    Cash Credit

    • Upto 5 Lakhs - 12.00%

    • Above 5 lakhs - 12.00%

    Vehicle Loan     11.00%