- 08455-276417
- dccbmedak@mdkdccb.org
- 3-4-8,Beside Zilla Parishad Main Road,Sangareddy-502001
The District Co-Operative Central Bank Ltd, Medak
Swayamkrushi Loan ; Loan limit, UP TO 2 LAKHS ; Eligibility, Applicant Should have minimum 2 years experience in existing business.
Banks offer a wide range of lending services to people, companies, and other entities. Usually, the goal of these services is to assist clients in meeting their financial obligations, such as buying homes, funding their schooling, or growing their enterprises.
| Criteria | Policy |
| Purpose | For purchase of AUTO |
| Area of Operation | Applicant should be a permanent resident of the Branch Area |
| Age | 21-65 Years |
| Valuation | 100% of Sub Register Assessment Value |
| Loan limit | UP TO 2 LAKHS |
| Eligibility | He should have valid driving license to drive four wheeler |
| KYC DOCUMENTATION | |
| Repayment Period | 3 YEARS |
| Security | The security/property offered as security should be mortgaged by way of simple mortgage in favor of the financing Bank |
| Documents required | Driving License |
| Quotation/Estimation for the proposed vehicle from the authorized dealer. | |
| Post dated cheques for repayment of monthly installments | |
| Bank account statement for the last Six months | |
| In case of immovable property, Title Deed book |
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