info@ucbrishikesh.com

0135-2434262

Loans

Home Loans

ADVANCES:

1. PERSONAL LOAN:

The loans under this segment, being consumption / personal loans, in nature, available to members for meeting any purpose(s) like: -
  • Repayment Period Maximum 60 equal monthly instalments.
  • INTEREST RATES Please refer “Interest Rates” on this site.

    • 2. HOUSING LOAN:

    Term Loans under this segment shall be sanctioned to its members up to a maximum limit of Rs. 60,00,000.00 (Rs. Sixty lakh only) per beneficiary of a dwelling unit for the following purposes:-
  • Maximum Margin 20%
  • Repayable Period Maximum 240 equal monthly instalments.
  • INTEREST RATES Please refer “Interest Rates” on this site.

    • 3. VEHICLE LOAN:

    Bank shall finance all types of “Vehicles”, to Members (both individuals and commercial entities), against hypothecation of the same.

    New Vehicle
  • Minimum Margin •
    • 10-20% of the ex-showroom price for purchase of Vehicle / car for personal use.
    • 10-20% of the ex-showroom price in respect of commercial vehicle (Van, Taxi, Tempo, truck, buses etc.)
  • Repayment period •
    • Max. 84 equal monthly instalments

    Old Vehicle
  • Purchase Conditions •
    • No vehicle more than 5 years old shall be eligible for finance.
    • Minimum Margin - 50% of the market value of the vehicle.
  • Repayment period •
    • Max. 60 equal monthly instalments.
    4. LOAN AGAINST PROPERTY

    For productive purposes:

    Loans under this segment may be availed by members against the prime security of property(ies), for productive purposes, such as Business Promotion, purchase of commercial unit, Purchase or construction / alteration of property, purchase of Plant & Machinery (IInd hand also), Acquiring / up-gradation of Business units, education and / or any other such like purposes.

    • Maximum Limit Rs. 10,00,000.00
    • Minimum Margin 40-50% of the market value of the property.
    • Repayment Period Maximum 120 equal monthly instalments.

    For other purposes:

    Loans against the prime security of property(ies), may also be availed for any other personal / consumption nature purposes.

    • Maximum Limit Rs. 10,00,000.00
    • Minimum Margin 40-50% of the market value of the property.
    • Repayment Period Maximum 120 equal monthly instalments.
    5. LOAN AGAINST SECURITIES

    Loan Eligibility

    6. BUSINESS LOAN

    The Business Loans may be availed by the members of the Bank to meet their Business requirements / needs. The Loan shall be against the hypothecation of assets and / or creating a Bank’s Charge on the security so offered.