Commodity Loans
| (A) | On unsecured personal collateral and other unsecured loans | 15.00 |
177 | 15.00 |
| (B) | Departmental pay bowl consent and a personal Unsecured unsecured loans against collateral |
13.00 |
185 | 13.00 |
| (C) | Consumer durables such as tea On hypothecation loans for furniture, household appliances etc. |
14.00 |
186 | 14.00 |
- To purchase T.V, Refrigerators, washing machines, furniture and household equipment.
- Up to 50% of loan quotation amount or Rs 1 lakh whichever is less.
- The purchased object will be mortgaged.
- Personal security of a competent member acceptable to the Bank.
- The item of purchase will have to be insured.
- Loan period up to 36 months.
- Repayment of the loan in monthly instalments.