Reg. No: 129/1962 Dated : 17 Aug. 1962
License No: UBD GJ 614 P Dated : 25 Oct. 1986

Jatjamingiri Loan

Eligibility of borrower * Having current / saving account holder of the Bank.
* Borrower must be a member of the Bank. 
* Have good reputation and credit worthiness.
Purpose of Loan       Purchase/Construction of residential building for his own use.
Quantum of finance Up to 80% of cost of construction or purchase value Maximum Rs. 70.00 Lacs.
Share Linkage Borrower must have Bank's share linkage @ 1% of the loan sanction amount.
Repayment period Maximum 180 months
Rate of Interest 10.90%  p. a.
Security Prime:
* Simple mortgage  property purchase/constructed out of the Bank finance
* Third party guarantee of two personal guarantors  having good Credit  worthiness and  financially sound  and member of the Bank.