THE KANNUR CO.OP URBAN BANK LTD. No.1534

LOANS & ADVANCES

Cash credit/over draft facilities to business firm /merchant, maximum amount 50 LAKHS.
Gold loan, various. Interest 9% only, maximum amount 15000/8grm, need only KYC and a/c at our branch.
Loan for house construction/purchase/repair/renovation, maximum amount 50lakhs, period up to 180months.
Loan for purchase vehicles (2 Wheelers, 3 Wheelers, Car Loan) , maximum amount 10lakhs period up to 5 years
Loan for purchasing consumer durable / electronics item etc.
Mortgage loan for different purpose maximum amount 50 lakh period 5 years to 10 years.
Deposit loans maximum 85%.
Insurance protection form deposit insurance & credit Guarantee Corporation.

Interest

Month

ML LT(Upto 10 Lakh)

12.50 %

180 month

Housing Loan ( Above 20 Lakh)

10.75 %

180

Housing Loan ( Above 10 Lakh Upto 20 Lakh)

10.25 %

180

ML LT(Above 10 to 20 Lakhs)

13.25 %

180

ML LT(Above 20 Lakhs)

13.75 %

180

ML MT(Upto 10 Lakhs)

12.25 %

120

ML MT(Above 10 to 20 Lakhs)

13.00 %

120

ML MT( Above 20 Lakhs)

13.50 %

120

Vehicle Loan(upto 10 Lakh)

11.00 %

Gold Loan(One month special)

7.50

Gold Loan( 3 Months)

9.00 %

Gold Loan(6 Months)

10.00 %

Gold Linked Overdraft(12 Months)

9.00 %

BANK LINKAGE LOAN

8.25

Vehicle Loan( Above 10 Lakh to 20 Lakh)

11.50 %

9 Month Gold Loan

10.50 %

Housing Loan (Up to 10 Lakh)

9.75 %

120

Educational Loan(Up to 20 Lakh)

10.00 %

Rooftop Renewable Energy - Upto 10 Lakh

9.50 %

Rooftop Renewable Energy Loan - Standalone customer

10.50 %

ALL LOANS ARE DIMINISHING METHOD

LOANS & ADVANCES

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