Types of Loan Accounts

While various Loan products offe#ff6633 by the Bank are assigned different names. The deposit products can be categorised broadly into the following types. Definition of major deposits schemes are as under : -

i) Personal Loan :- Whatever the occasion, our range of Personal Loans can help. The procedure is simple, documentation is minimal and approval is quick. Personal Loan Features & Benefits

* Borrow up to Rs 500000/- for any purpose depending on your requirements.
* Flexible Repayment options, ranging from 12 to 60 months.
* Repay with easy EMIs.
* One of the lowest interest rates.
* Speedy loan approval.

ii) Home Loans :- Sundarlal Sawji Urban Bank brings home loans as per your requirement. A dedicated team of experts and a complete package to meet all your housing finance needs, Sundarlal Sawji Urban Co-op Bank Home Loans, help you realize your dream. Home Loans Features & Benefits

* Home loans for individuals to purchase (fresh / resale) or construct houses. Application can be made individually or jointly. Sundarlal Sawji Urban Co-op Bank finances up to 70% maximum of the cost of the property (Agreement value + Stamp duty + Registration charges) based on the repayment capacity of the customer.
* Flexible repayment options to suit your individual needs. * Automated Repayment of Home loan EMI - You can give us standing instructions to repay your Home Loan EMIs directly from your Sundarlal Sawji Urban Co-op Bank Savings Account, thus, saving you the trouble of procuring, signing and tracking post-dated cheques.

iii) Two Wheeler Loan :- Whichever bike, our Two Wheeler loan is the answer. With quick approvals, flexible payment options and easy repayment - we'll help you buy the bike you desire. Invest an amount every month in Sundarlal Sawji Urban Co-op Bank Recurring deposits so as to meet your financial needs. Two Wheeler Loan Features & Benefits

* Flexible repayment options, ranging from 12 to 48 months available even at the point of purchase. * Automated Repayment of Vehicle loan EMI - You can give us standing instructions to repay your Vehicle Loan EMIs directly from your Sundarlal Sawji Urban Co-op Bank Savings Account, thus, saving you the trouble of procuring, signing and tracking cheques every time. * Speedy loan approval.

iv) New Car Loan :- Just decide on the make & model and our New Car Loan will bring it to your driveway in no time. Car Loan Features & Benefits

* Covers the widest range of cars and multi-utility vehicles in India.
* Avail 70% finance on your favourite car.
* Flexible repayment options, ranging from 12 to 60 months.
* Speedy processing
* Repay with easy EMIs.
* Attractive Interest rates
* Hassle-free documentation.

v) Education Loan :- Sundarlal Sawji Urban Co-op Bank Study Power aims to provide financial support to deserving students for pursuing higher professional or technical education in India and abroad. The loan would be provided to students who have obtained admission to career-oriented courses eg, medicine, engineering, management etc., either at the graduate or post-graduate level.

vi) Loan Against Property :- Sundarlal Sawji Urban Co-op Bank brings to you Loan against Property. You can now take a loan against your residential or commercial property, to expand your business.You can depend on us to meet all your business requirements even to purchase a new shop or office for your business. Loan to purchase Commercial Property is a specially designed product to help you expand your business without #ff6633ucing the capital from your business. Car Loan Features & Benefits

* Loans to expand your business or to meet any personal need
* Residential & Commercial properties accepted
* Maximum Loan to value.
* Flexible product offerings - EMI based loan / Overdraft facility available.
* Attractive interest rates.

vii) Loan Against Security :- Loan against Securities offers you instant liquidity.

* You don’t have to sell your securities. All you have to do is pledge your securities in favor of Sundarlal Sawji Urban Co-op Bank. We will then grant you an overdraft facility up to a value determined on the basis of the securities pledged by you. Interest will be charged only on the amount withdrawn and for the time span utilized.
* This facility is available against the following securities
1) Fixed Deposit. 2) NSC/KVP
3) Reccuring Deposit. 4) Re-Investment Deposit.
5) Pigmy Deposit.