An arrangement where a person or organization can borrow money up to a particular amount if and when they need it:
Loan Facilities
1. Gold Loan
Jewel Loans - “Money from Metal in Minutes”
Features
Interest Rate
Jewel Overdraft Limit
Features
2. Mortgage loans
Mortgage loans - ”Mortgages Made Easy!”
1) Secured Loans
Features:-
2) RLAP - Repco Loan against Property
Features
3. Housing loans
1) Housing loans -‘’We put people into homes’’
Features
Loans for purchase of property, construction of residential or commercial building and extension / renovation of existing building against mortgage of immovable propertiesAttractive rate of interest
4. Special Loans
Special loans for special class of people against mortgage of immovable properties
1) Mahila Shakthi Loan “ Empowering Women Empowering India”
Features
Loans for all bankable purpose exclusively for women against mortgage of immovable propertiesfrom Rs.5 lakh upto Rs.50.00 lakh against mortgage of immovable propertiesOffered at Special rate of interestRepayment period upto 120 months for salaried women
Requirements
Either the property shall be in the name of women applicant or the income generation for repayment of the loan shall come from women applicant
Special feature & Eligibility
Collection of loan installments at your door steps for mortgage loansNominal chargesProperty shall be situated within 25 Km from the branchEligibility of loan amount based on value of security and income as per norms