The District Co-Operative Central Bank Ltd, Medak

Petty Traders Loan

Purpose

To provide financial assistance to the Business traders, Petty Business traders and Self Employed

Loan limit

UP TO 2 LAKHS

Petty Traders Loan

To provide financial assistance to the Business traders, Petty Business traders and Self Employed

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Petty Traders Loan

Criteria Policy
Purpose To provide financial assistance to the Business traders, Petty Business traders and Self Employed
Area of Operation Applicant should be a permanent resident of the Branch Area
AGE He should have crossed 21 years
Loan limit UP TO 2 LAKHS
Eligibility He should have immovable property i.e., House with RCC roof. The proposed House site should not be less than 180 sq.yards
Applicant should have valid license to carry out the business.
Repayment Period 3 Years
Security Land Registration Documents,Proceedings,Sale Deed/Gift Deed/Settlement Deed
Documents required AADHAR + Other KYC
The Xerox copies of House Tax receipts for the last 5 years.
Post dated cheques for repayment of monthly installments
Detailed Project Report
GST IN Number
The valuation certificate issued by Gram Panchayat/Muncipality/SRA
Approved Plan of the proposed House for mortgage

** For any further queries please contact to nearest branch

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