Shri Saraswathi Credit Souharda Sahakari LTD. Puttur, DK

Loans

Vehicle Loan

New vehicle:

  • Quotation.
  • Two Co-Obligates.
  • Driving license.

Old vehicle:

  • Two Co- Obligates.
  • Copy of registration certificate of the vehicle.
  • Copy of insurance package policy of the vehicle.
  • Valuation report from the approved valuer of the Co-Operative.
  • A collateral security of RTC or LIC Policy.

Advance policies

  • 70% on the value of the vehicle, if the vehicle is registered with in 1 calendar year.
  • 60% on the value of the vehicle, if the vehicle registered within 2 calender year.
  • 50% on the value of the vehicle, if the vehicle is registered within 5 calender year.
  • 40% on the value of the vehicle, if the vehicle is registered within 6 calender year.
  • Repayment.
Mortgage Loans

We provide loan for purchase of Sites, house & agricultural land.

Requirements:

  • Original records of the land & concerned R.T.C`S.
  • NOC, E C, sketch.
  • Property tax paid receipts.
  • Two members Co- Obligates.
  • Valuation report by approved valuer of Co-Operative. Legal opinion on title to property from Co-Operative`s approved Advocates.
  • Collateral security stipulated by the discretion of the loan sanctioning authority.
  • Loan amount: it will vary on the basis of types of loan.Repayment: a maximum of 10 years period will be given to the repayment of loan.
Jewel Loans

If you need funds for purpose of meeting medical expense or any other commitments jewel loan scheme will be ideal.

  • It is quick & hassle free loan: No guarantors required.
  • Loan against jewelry / ornaments.
  • Repayment maximum of one year.
Personal Loans

The Co-Operative is giving loan to the members so as to meet emergency expenses up to the Limit of Rs. 15000/- (fifteen thousand only). The loan is advancing only on the basis two Co-Obligates. The maximum Repayable term of the loan is one year.