Nagpur Nagarik Sahakari Bank Personal Loan: The Personal Loan is a kind of loan. It does not require any security or any collateral. A personal loan is the only type of loan that is offered with a minimum number of documentations.
In this specific article, we will give you information about the Nagpur Nagarik Sahakari Bank personal loan interest rate. The article highlights details about what the personal loan and Nagpur Nagarik Sahakari Bank Personal Loan are.
Facts about the Nagpur Nagarik Sahakari Bank Mobile App, the costs are for the Nagpur Nagarik Sahakari Bank Personal Loan, the bank statement of the Nagpur Nagarik Sahakari Bank, documentations to apply for the Nagpur Nagarik Sahakari Bank Personal Loan, eligibility criteria that you have to fulfil to apply for the Nagpur Nagarik Sahakari Bank Personal Loan, are all discussed below
Want to compare Nagpur Nagarik Sahakari Bank Personal Loan with other bank personal loans for lowest interest rates and extra offerings? Just keep an eye on our Complete Guide on Personal Loan & choose the suitable bank to apply for the loan.
Nagpur Nagarik Sahakari Bank
- Nagpur Nagarik Sahakari Bank OverviewÂ
- Nagpur Nagarik Sahakari Bank Features
- How to Apply for a Personal Loan in the Nagpur Nagarik Sahakari Bank?
- Nagpur Nagarik Sahakari Bank Personal Loan Eligibility Criteria
- Nagpur Nagarik Sahakari Bank Personal Loan Documents Required
- Nagpur Nagarik Sahakari Bank Personal Loan Features
- Takeaways from the Article
Nagpur Nagarik Sahakari Bank Overview
Nagpur Nagarik Sahakari Bank is one of the most ancient and leading Cooperative banks in Vidarbha, set up with the efforts of some of the devoted members of the cooperative movement on the auspicious day of “Vijayadashmi” in 1962.
The government started Nagpur Nagarik Sahakari Bank’s first branch in the Gandhibagh area of Nagpur.
The Bank started with a scanty capital amount of Rs. 26000/- and has grown to an assets base of Rs. 1493.46 lac with 60521 members as of the 31st of March 2010. The Bank was granted Scheduled bank status on the 22nd of May 1999 after fulfilling the criteria of the preferred deposit base.
The Bank had also acquired Multistate Scheduled Bank status on the 21st of March 2001. Today, the Bank’s processing area is the entire state of Maharashtra, Madhya Pradesh, and Raipur, providing all kinds of Loans and exclusive offers to customers.
Nagpur Nagarik Sahakari Bank Features
- The interest rate of the Nagpur Nagarik Sahakari Bank Personal Loan is 15 % per annum.
- The maximum loan amount for the Nagpur Nagarik Sahakari Bank Personal Loan is the amount that is not more than 5 times of gross salary or the amount of Rs. 1, 50, 000. The amount that will be the lower one of the two will be taken.
- The loan tenure for the Nagpur Nagarik Sahakari Bank personal loan is 60 months.
- The processing fee and other charges that are needed for the Nagpur Nagarik Sahakari Bank Personal Loan always depend on the bank’s branch.
- The pre-payment charges for the loan will be decided by the bank and they may vary from time to time.
How to Apply for a Personal Loan in the Nagpur Nagarik Sahakari Bank?
Application Online: You can apply online through the Nagpur Nagarik Sahakari Bank App and fill in the required personal information, work information and upload necessary documents.
Note: As for offline application, the applicant needs to contact the nearest Nagpur Nagarik Sahakari Bank branch to know about further details.
Nagpur Nagarik Sahakari Bank Personal Loan Eligibility Criteria
To apply for the Nagpur Nagarik Sahakari Bank Personal Loan, you have to fulfill some essential eligibility criteria.
- Applicants need to be between the age of 21 years and 58 years.
- The person applying for the Nagpur Nagarik Sahakari Bank Personal Loan is to be a self-employed person or a regular salary person with a stable and regular income.
- The applicant has to be a business worker with prior work experience.
Nagpur Nagarik Sahakari Bank Personal Loan Documents Required
Several significant documentation is required to apply for the Nagpur Nagarik Sahakari Bank Personal Loan.
- Identity Proof (valid)
- Photographs of the guarantor and applicant
- Bank passbook (updated)
- Income Proof (valid)
- Address Proof (valid)
Nagpur Nagarik Sahakari Bank Personal Loan Features
- The maximum loan amount can be utilised as you want.
- Several choices for personal loan repayment that the person can choose from.
- Easy and fast processing of the personal loan a person applies for.
- Attractive and competitive interest rates.
- Discounts and interesting schemes for huge companies’ employees.
- Quick approval of the loan.
- No security is needed to avail of the loan, generally.
Takeaways from the Article
The Nagpur Nagarik Sahakari Bank Loan is used to cover for a person’s financial ventures such as domestic needs, religious occasions, medical treatment, or sudden emergencies etc. Hence, one should surely rely on the Nagpur Nagarik Sahakari Bank for availing their personal