Phone: (91) 01639 - 250144 Email: ho@coopbankfdk.com

The Faridkot Central Cooperative Bank Ltd. The Faridkot Central Cooperative Bank Ltd.

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NON-FARMING LOANS


Enterpreneur Development Loan Scheme


Beneficiary
Individual, Sole Prop., Firm, Coop. Societies or a Company

Purpose
For the establishment of cottage, tiny and SSI Unit or for expansion of present unit.

Loan Limit
Maximum amount up to RS. 25.00 lakhs at CCB Level.

Rate of Interest
13.00%

Margin
Minimum 10%

Repayment Period
Maximum 5 to 7 Years

Collateral Security
Immovable Properties for the value of 150% of the loan amount.

Cash Credit for Traders


Beneficiary
Individual, Sole Prop., Firm, Coop. Societies or a Company.

Purpose
For the meeting working capital requirement of business.

Loan Limit
25 Lakhs

Rate of Interest
13%

Repayment Period
Renewable on annual basis.

Collateral Security
Immovable Properties for the value of 150% of the amount.


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