<:: PAVANA SAHAKARI BANK LIMITED :: ada
 
 

:: Consumer Loan ::

 
 

 

 
 

Pavana Consumer Loan Scheme

 


 

  Consumer Goods
  Furniture
  Machinery :

:

        T V / L C D / Music System
        Fridge / Washing Machine
        Micro Owen
        Furniture Item
        Consumer Durable Goods

  Loan Amount

:

        75 % Of Quotation
        Maximum amount Rs. 5.00 lakhs

  Rate of Interest

:

  @ 15.50 %

  Guarantor

:

  Two (Creditworthy Guarantor’s )

  Membership

:

         Upto Rs.1.00 Lack Nominal Membership Above Rs.1.00 Lack 2.5% Shares

  Period               Min. 36 months, Max. 60 months

  Loaning

:

        Immediate Loan Sanction / Chairman, vice-chairman

  Security

:

        Goods Purchased
 

  Documents

:

        Quotation
     
  Latest Income Proof of Applicant & Guarantor’s
            o  In case of Businessman- Last three I T returns with audited Financial
                Statement. Bank Track Record last year
            o  In case of Salary Earner – Last three months Salary Certificate and six months
                Salary a/c statement.
        I D & R D Proof’s documents of Applicant & Guarantor’s
        Bank Track Record
        Borrower’s residential proof

  Pre-closure             

:

  No Pre-closure Charges

  Loan Processing Fee           As per Loan Amount.
        @ 0.60%