• Call - 0253-2577872/73
  • RBI Licence - A.A.C.D.M.H. 121 P DT.27-11-1978
  • Co-op. Reg.No - NSK/BNK/138 Dt. 27-11-1978

Clean CC Loan

1. Beneficiary – Those who wants to start new business / develop, expand existing
business.
2. Sanctioning Limit – One can avail this type of loan facility after fulfilling necessary
formalities and documents up to Rs. 20,000/- depends upon the income source and
repaying capacity of the borrower at the prevailing rate of interest decided by the
Bank.
3. Criteria to avail Clean CC loan –
4. Borrower should be member / shareholder of the bank.
5. If anyone who is not shareholder of the Bank and wants to avail the loan, he has to
become shareholder by depositing Rs. 1000/- plus 100 entry fees and GST towards
membership.
6. The 2.5% amount of the sanctioned loan is to be deducted as share amount.
7. Borrower should submit his photograph, residential proof, income proof, and
financial statements, Shop Act License, previous 3 years Income Tax Returns, PAN
Card, Tax Audit Report, Assessment, and Stock Statement etc.
8. Two shareholder along with their income proof, financial statement, photograph,
address proof etc. is required as guarantors for the said loan.
9. Borrower should give advance cheques to Bank for repayment purpose.

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