NEWS & ANNOUNCEMENTS
Welcome to The Saurashtra Co-Operative Bank Ltd. |
“આપણી બેંક સૌરાષ્ટ્ર બેંક”

Personal Loan

Personal Loan is available up to Rs. 3,00,000/- to meet with the expenses of social, religious occasion, medical treatment, minor repairs to property etc.

Applicant details

  • Applicant’s last two years Income tax Return / Payslip of last 3 months / Notarized income certificate for joint family.
  • Last tax bill / certificate from society chairman/Secretary if applicant owned property
  • Passport size Photographs of Applicant.
  • Address proof – electric bill /telephone bill (any one) As per KYC norms.
  • Photo proof – Pan card / Voter card / Driving license (Any one) As per KYC norms
  • Bank Statement of last 2 years
  • Applicant has to show all original documents to the bank for verification with xerox copy. Original documents will be returned to applicant after verification.
  • Applicant should have Savings Bank account with the bank.

Guarantor details

  • Passport size photographs
  • Last tax bill
  • Last income tax return copy
  • Address proof – electric bill /telephone bill (any one) As per KYC norms
  • Photo proof – Pan card / Voter card / Driving license (Any one) As per KYC norms

Conditions

  • Loan amount is to be repaid with interest within 48 monthly installments.
  • Two guarantors required for personal loan.
  • Applicant has to take share of bank @5.00% of the limit.