Co-operative Bank

The Cooperative Bank, Kapurthala

Cooperative Liquidity Facility (CLF)

Cooperative Liquidity Facility Facility (CLF)
 

Beneficiery Farmers/self-employed/businessman having an excellent repayment record with cooperative banks.
Purpose Free to use for agriculture implements and allied activities, emergency financial  needs, to repay existing debt raised from any commission agent or to strengthen the businessman
Loan Limit Maximum Rs. 50000/-
Rate of interest 7.75% p.a. 
Margin No margin required.
Repayment 12 months / 2 half yearly instalments in one year
Documents
  • Loan Application
  • DP note
  • loan agreement.
  • letter of Waiver
  • Guarantee deed, if applicable
  • undertaking
  • Photograph, Aadhar Card and PAN Card, if available from the borrower/guarantor.
area of operation Loan shall be advanced in the area operation in the kapurthala district.

 

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