VASAVI MULTI PURPOSE CREDIT CO-OPERATIVE SOCIETY Pvt. Ltd.

Loans and Advances

Two Wheelers rate of interest :18%
Four Wheelers ROI :16%
Minimum One Security
HP on Vehicle

News

GB ANNOUNCEMENT

GENERAL BODY MEETING WILL BE CONDUCT ON 15-09-2022 IN SOCIETY PREMISES AT GANGAVATHI.

12

Sep

Vasavi Vividoddesha Souharda Sahakari Ni.,

Timings Mon - Sat
10:00 am to 02:30 And 04:00 to 06:30 Pm
02 nd and 04 th Saturday Holiday

08

Sep

Salary Earners Loan (SEL)

This facility is provided salaried employees only.
ROI:18%
Repayment Period Maximum 5 Years

Eligibility:-
- Permanent employees of central or state Government officers profit making public sector under taking and public limited Companies, Schools, Colleges, Universities and Research institutions.
- Individual with income other than salary or pension.
- Permanent employees of reputed private School & Colleges/firms are also.
Maximum Loan amount:-
- The Maximum Loan amount is 10 times of take-home pay

Business Development Loan (BDL)

Minimum Loan amount 50,000/-
Maximum Loan amount 1,00,000/-
Facility of daily Payment
ROI :17% Flat
Minimum two sureties

Mortgage Loan (MRL)

Mortgage on Property
ROI: 18 %( Up to 20 lakh- 18%, above 20 lakh -16%)
Properties are Building and Residential Plots
Loan Sanction on Fair Market Value 50 to 60%
Repayment Period Maximum 72 Months(EMI)

Key Loan (Pledge Loan)

ROI:16%
Maximum limit 50%on market value
Stock on Paddy to the Pledge
Repayment Period 6months to1year

Cash Credit Loan (CCL)

This facility is provided by against any collateral security
Interest is charged on Outstanding amount
ROI:16%

Loan on Pigmy Deposit (LPD)

ROI : 15%
Maximum loan amount limit will be 85% on deposits

Over Draft Loan (ODA)

This facility is provided against fixed deposits.
Interest is charged on Out Standing amount.

Gold Loan (GLD)

ROI:15%
Repayment Period One Year

Loan on Fixed Deposit(LFD)

Extra 2 % on deposited ROI

Surety Loan (SRL)

Maximum Loan amount 1,00,000/-
ROI : 24 %
Minimum two sureties

Note :

^*Condition apply -The Interest rates is Subject to change without Prior Notice please contact The branch manager for updated latest Interest rate.