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
Loan Type
Term Loan
Loan Amount
Min. - Rs 1
Max. - Rs 500000
Tenure
Min. - 12 months.
Max. - 36 months.
Interest Rate
Min. - 15 %
Max. - 15 %
Fees & charges
Fees & charges
Salaried
Self Employed
Processing Fee
1 %
Late Payment Penalty
2 %
Terms & Conditions
Terms & Conditions
* The loanee and the surety provider should be nominal members of the bank.
* The employer of loanee/drawing officer should issue an undertaking letter agreeing to deduct the loan amount every month towards loan installments or send the salary to the bank.
* The bank also gives personal loans by collecting post-dated cheques.