Call us: 0483-2830544 , Email: [email protected]
Vazhayoor Bank brings to you a full range of loan solutions to make your life easier like:
Vazhayoor Bank offers loan against property pledged with the bank. An amount ranging from Rs. 50, 000 to Rs. 25 Lakh can be availed to meet your requirements. The processing of the loan is hassle free and the loan period can be upto 5 years. The interest rate will reduce as the loan amount is returned back.
Make your dream home come true with housing loans from Vazhayoor Cooperative Bank! Our main aim is to provide housing loans to individuals at competitive interest rates and longer terms considering the needs. Upto Rs. 15 Lakhs loan can be availed. The finance is offered to construct your own bungalow, buy flat/Row House, buy resale flat or take-over of existing housing loans with other banks & financial institutions. Loans can also be availed for house renovations.
The bank offers its customers instant personal loans at special interest rates. These loans are an easy way to meet quick cash needs and can be re-paid in comfortable installments. The loans are issued against personal guarantee or guarantee of other persons. The personal loan can also be issued at low interest rates on the basis of the salary recovery certificate.
Businessmen and industrialists need cash for running their business and also to meet their daily running costs. Vazhayoor bank understands the needs and nature of various businesses and assists them by issuing business loans at special interest rates. The bank provides cash credit loans for business people and industrialists on ample security provided. Upto Rs. 25 Lakhs can be availed through this scheme.
The Vazhayoor Bank issues deposit loans to customers for their cash requirements. Upto 80% of their fixed deposits can be availed as loan which is quickly processed as well.
Overdraft Loans are given to customers for an amount upto Rs. 10 Lakhs to meet business purposes for a time period of 1 year. A Savings Bank account need to be created to avail Overdraft Loans.
Kudumbasree Units and Self Help groups can avail loans from Vazhayoor Bank for financing their activities.
Vazhayoor Bank presents loan against gold ornaments - a scheme designed to provide loan against pledged gold ornaments which is ideal to meet your immediate requirement of cash. The loan can be processed within 2 minutes and the loan period can be for 1 month, 3 months, 6 months, 1 year ( Agricultural loan). Maximum of Rs. 25 Lakhs can be availed as Gold loan.
Vehicle loans are also being issued to Kudumbasree members and members of self help organisations to empower them to buy vehicles for their requirements at low interest rates. Fast processing and easy documentation is available. Vehicle loans are provided at 11% interest.