Bank has become live on E-Commerce and PoS transactions.          IFS CODE: UTIB0SLDH01          EK KADAM SWACHHATA KI ORE-Keep Your Surroundings Clean.          An ISO 9001:2000 certified bank by JAS-ANZ          First , Third and Fifth saturday of every month will be full working day i.e from 10 AM to 5 PM          Bank will remain closed on Second and Fourth saturday of every month          The Ludhiana Central Cooperative Bank Ltd. - An 'A' class cooperative bank          Preserve your success with smart financing         

Loan against rental income >>

 

Beneficiary

Owners of the Property who have let out or proposed to be let out the same to reputed company.

Purpose

For meeting business/personal needs.

Loan Limit

Maximum to the extent of 75% of post TDS Rent Receivable for a period. Not exceeding 120 months or un expired period of lease.

Rate of Interest

13%

Repayment Period

Maximum 10 years or unexpired period of lease whichever is earlier.

Collateral Security

Mortgage of landed property value of 150% of the loan amount or other chargeable securities such as NSCs, KVPs, banks own deposit to the extent of 100% of loan amount.

For full scheme download, CLICK HERE

'AVOID your Account getting FREEZED'