Co-operative Bank

The Cooperative Bank, Kapurthala

Dairy Loan to Members of MPCS

Dairy Loan to Members of MPCS
 

Beneficiery Members of coop. milk producer soc through socities.
Purpose Purchase of max. two milch cattle
Loan Limit max. Rs.1.00 lac
Rate of interest 10.25%
Margin 10% to 15%
Repayment Max.5 yrs.
Security Two good surities required and the guarantor should be the owner atleast one acre of agri land or a govt./semi govt. board /corporation/coop. employee having remaining service more than the tensure of loan.
Processing fee 1% of sanctioned loan (one time Min Rs.500 & max Rs.5000) + GST
Area of operation Loan shall be advanced in the area operation of Distt. Kapurthala

 

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