Karnataka State Cooperative Apex Bank Ltd Personal Loan
Introduction
To Meet the emergent need. To be classified as Personal Loans.
Highlights
Salaried
Self Employed
Loan Scheme
Apex Personal
Apex Self Employment
Loan Type
Term Loan
Term Loan
Loan Amount
Min. - Rs 10000
Max. - Rs 500000
Min. - Rs 5000
Max. - Rs 100000
Tenure
Min. - 12 months.
Max. - 36 months.
Min. - 36 months.
Max. - 60 months.
Interest Rate
Min. - 14 %
Max. - 14 %
Min. - 14 %
Max. - 14 %
Fees & charges
Fees & charges
Salaried
Self Employed
Processing Fee
1 %
Late Payment Penalty
2 %
Pre-Payment Charges
1 %
Comment on Charges
Pre-closure charge - 1%
Security
Security
For Salaried:
Immovable Property Mortgage.
Resident of Bangalore for a minmum period of 3 years.
Co-obligant-Govt. Servant or Public Sector Undertaking.
Post-dated cheques.
For Self Empolyed:
#Assets created out of Bank finance are to be hypothecated.
#collateral or Guarantee or Co-obligation.
Terms & Conditions
Terms & Conditions
* Co-obligant should also join the borrower for executing the loan papers where co-obligation is stipulated.
* The Professionals must give undertaking to operate all their banking transactions through our Bank only till the closure of their personal loan account.