Loans & Advances
Vehicle Loan
This loan enables customers to purchase personal or commercial vehicles with ease. By offering flexible repayment options and minimal formalities, it helps you get mobility when you need it without long delays.
The bank assesses your income, credibility, and the valuation of the vehicle before sanctioning the loan. Once approved, disbursement is prompt, allowing you to drive away without excessive waiting.
Machinery Loan
Businesses and entrepreneurs can access this loan to acquire new machinery or upgrade existing equipment. It supports growth by bridging the financial gap between need and availability of capital.
Before approving, the bank reviews the business’s viability, projected returns, and the machinery’s expected utility. Loan repayment is structured to align with your business cash flow cycles.
Building Mortgage Loan
This facility is offered to borrowers who wish to use immovable property (land, building, factory) as collateral. It provides access to higher credit amounts against tangible security, making it suitable for business expansion or capital investment.
When you apply, the bank evaluates the property’s legal standing, title, and marketability. Based on these checks, the term and conditions are structured to protect both borrower and lender.
Consumer Durable Loan
This type of loan helps individuals finance the purchase of home appliances, gadgets, and durable goods. It spreads the cost over manageable instalments, making essential items more accessible without straining your budget.
The bank approves based on your creditworthiness and repayment capacity. Once approved, funds can be disbursed quickly so you can take your appliance home right away.
Hypothecation Loan
Hypothecation loans are designed for businesses needing working capital secured by inventory, stock, or movable assets. Ownership remains with the borrower, but the asset serves as security for the loan.
Approval involves assessing inventory records, turnover, and business stability. Terms are designed to ensure you can maintain operations while meeting repayment obligations.
Secured Building Mortgage Loan
This type of loan allows you to pledge property as security while receiving funds for business or operational needs. It combines the security of real estate with financial flexibility.
In the review process, the bank examines the property’s valuation, legal status, and ability to realize value if needed. The loan is structured to balance risk and borrower convenience.
Secure Loan
A secure loan is offered against existing financial instruments or deposits held with the bank. It enables you to access liquidity without breaking your savings or investments.
Because you are providing security, this loan is relatively easier to process, and the bank’s risk is reduced, making it a reliable option in times of urgent cash needs.
Secure Gold Loan
This loan lets you pledge gold assets (ornaments, bars) in return for funds. It offers fast processing since gold valuation is straightforward and is one of the more flexible short-term credit options.
When applying, your gold is evaluated by the bank for purity and weight. After approval, funds are disbursed swiftly, giving you quick liquidity without selling your gold outright.
Agriculture Loan
Agriculture loans support farmers in their seasonal needs — seeds, fertilizers, harvesting, irrigation, etc. The bank understands the cyclic nature of farming and aligns repayment schedules accordingly.
Eligibility is normally based on landholding, crop plan, and credit history. The bank may also offer advisory support to help maximize productivity and ensure repayment.
Education Loan
Education loans help students or their families finance education-related expenses like tuition, study materials, accommodation, and travel. They are intended to ease financial barriers to learning.
The bank considers academic performance, course credentials, and future prospects before approval. Repayment usually begins after course completion or after a grace period.
