Loans

Extent of loan	75% of the stock value 50% of the book debt
Repayment period	Continuing facility subject to yearly renewal
Rate of interest	12% p.a.

Extent of loan	85% of the value as per agreement or valuation report
Repayment period	5-20 yrs
Rate of interest	9.00% p.a. for 5 yrs 9.50% p.a. for 10 yrs 10.00% p.a. for 15 to 20 yrs

Extent of loan	50% of the value as per agreement or valuation report
Repayment period	3-7 yrs
Rate of interest	12% p.a.

Extent of loan	(A) Upto Rs. 0.20 lacs with 2 guarantors (B) Upto Rs. 0.50 lacs with 2 guarantors (C) Upto Rs. 1.00 lac with 2 guarantors without Tangible security
Repayment period	(A) 1 Year (B) 3 Years (C) 3 Years
Rate of interest	(A) 12% p.a. (B) 16.5% p.a. (C) 18% p.a.

Extent of loan	(A) 90% of deposit value (B) outstanding amount above value of security
Repayment period	(A) On or before maturity date of the deposit (B) --do--
Rate of interest	(A) 1.50% above F.D. Deposit rate. Additional 2.50% on overdrawn amount (B) 18% p.a.

Extent of loan	(A) 75% of Face Value (B) 90% of S.V.
Repayment period	(A) On or before maturity date (B) 3 yrs
Rate of interest	(A) 13% p.a. (B) 13% p.a.

Additional interest at 2.50% p.a. on overdue amount will be charged. Additional interest 2.50% p.a. will be charged for non-submission of stock/book debt statement in time.
To obtain post dated cheques from the Borrowers for all the EMIs stipulated.
Where the borrower is employed, obtain an authorization under Section 49 for deduction of the amount of EMI from salary.
Cash Credit facilities may be renewed at the discretion of the Bank , if the borrower submits an application for the same.
In case of educational loans, repayment will start after six months from the completion of the course or gainful employment whichever is earlier. In the meantime monthly interest is to be serviced.
However if the student discontinues the studies in between, the loan with upto date interest becomes repayable immediately at commercial rate of interest. Suitable repayment holiday /moratorium may be recommended, wherever needed.