The Dist Co.operative Central Bank Ltd-  Mahabubnagar - Loan products

Product

GL code

RoI (%)

Tenure

Maximum amount

Repayment frequency

Documentation

Self Helf Groups (SHGs)

5190

11.3

3 Years

5,00,000.00

Joint Liability Groups (JLGs)

5195

12

3 Years

 50,000.00 (per individual in the Group)

PMEGP loans

5331, 5369

14

5 Years

25,00,000.00

Monthly (Non Agri)
As per LT policy (for Agr allied)

Security obtain up to loans amount either agri. Land or Deposit or both

Personal Loans To Individuals

5379

14

3 Years

30000.00

Surety from two bank employees

Crop loans - Seasonal Agricultural loans (SAO)

5500

7

1 Year

3,00,000.00

Upto Rs.1.60 lakh no collateral security only enter in Dharani

Above Rs.1.60 lakh upto Rs.3.00 lakh land mortgage

LT Agriculture loans

5600 to 5975

10.5

5 Years

25,00,000.00

Agri. Land mortgage

Newly launched

Education loans

5285

13

5 Years + Course duration period+6 months morotorium+6 months extendable morotorium if he/she doesn't get a job)

Studies in india (UGC)) maximum Rs.10.00 lakh, if in abroad Rs.25.00 lakh

Monthly

Upto Rs.4.00 lakh one surety from Govt. employee. If farmers mortgage the Agri. Land

Above Rs.4.00 lakh mortgage the immovable property (open plots are not allowed)

Housing loans - Monthly installment

5295

12

10 Years (including maximum 12 months morotorium)

10,00,000.00

Monthly

Mortgage of plot which construction or house purchased, Agriculture land, Non Agriclutre property with clear and marketable title deeds

Housing loans - Half yearly installment

5300

12.5

Half-Yearly