• For construction of own residential accommodation on plot owned by the applicant.
    • For purchase of ready built / under construction house or flat.
    • For purchase of existing old house / barrack / flat (on resale basis).
    • For takeover of existing housing loans from other Banks / Financial institutions


Features

    • Maximum Loan Limit Rs.140 Lacks, Maximum Repayment 180 months.
    • No prepayment Penalty
    • Rate of Interest and Margin is subject to change from time to time.
    • Documentation Charges as applicable.


Eligibility

    • Salaried Persons – Employees of reputed and financially sound organization and Minimum take home salary of INR.15,000/- per month and Confirmed service for at least one year. Maximum deduction upto 50% of Salary.
    • Businessmen & Professionals: Business should have establishment of minimum of two years and for professional with ITR for at least two years.


Required Documents

    • Duly filled Loan Application Form.
    • PAN Card of Applicant(s) & Guarantor(s)
    • KYC of Applicant(s) & Guarantor(s)
    • Residential Proof of Applicant(s) & Guarantor(s)
    • Income Proof of Applicant(s) & Guarantor(s)
    • Two acceptable guarantors with adequate income.
    • Primary Security: mortgage of house Unit/s under construction/ready possession to be purchased.


    We provide personal loan for Repair / Renovation to own Flats / Rooms, Purchase of Home Appliances, Purchase of Electronics Goods, To meet expenses of Marriage Ceremonies, To meet Medical expenses, Any other genuine purpose acceptable to our Bank.

Features

    • Maximum Loan Limit 5 lakhs
    • Maximum Repayment tenure 60 months.
    • No prepayment Penalty in case of advance payment or prematurity.
    • Rate of Interest and Margin is subject to change from time to time.
    • Charges: Documentation Charges as applicable.


Eligibility

    • Salaried Persons – Employees of reputed and financially sound organization and Minimum take home salary of INR.15,000/- per month and Confirmed service for at least one year.
    • Businessmen & Professionals: Business should have establishment of minimum of two years and for professional with ITR for at least two years.


Required Documents

    • Duly filled Loan Application Form.
    • PAN Card of Applicant(s) & Guarantor(s)
    • KYC of Applicant(s) & Guarantor(s)
    • Residential Proof of Applicant(s) & Guarantor(s)
    • Income Proof of Applicant(s) & Guarantor(s)
    • Two acceptable guarantors with adequate income.
    • Primary Security: mortgage of house Unit/s under construction/ready possession to be purchased.



Features

    • Loan upto 75% of the cost of Machinery/equipment.
    • Repayment in 60/72 EMIs
    • Rate of Interest depending upon Credit Rating of applicant, as applicable from time to time.
    • No prepayment Penalty if closed after two years.


Eligibility

    • Borrower’s present profile and satisfactory experience in the line of business.
    • CIBIL Score 650 with on Overdue of applicant(s)/guarantors.
    • Collateral Acceptable Registered Security/Property uotp 60% of Distress Value of the loan amount.


Required Documents

    • KYC documents 0f applicant(s) and guarantor(s) – Business and Residential.
    • MSME Certificate and all other certificates relevant to the nature if activity.
    • Financial papers along with Min. Two Years ITRs.
    • Audited Balance Sheet wherever applicable.
    • Projections for next 5/6 years with satisfactory DSCR.
    • Two acceptable guarantors with acceptable income.
    • Hypothecation of Machinery/Equipment as primary security with collateral security.



Features

    • To meet working capital needs, with repayment schedule.
    • Loan amount need-based and security-based, whichever is low.
    • Repayment in 60 months EMIs.
    • Rate of Interest and Margin at prevailing rates.


Eligibility

    • Borrower's present profile and satisfactory experience in the line of business.
    • CIBIL Score 650 with no Overdue of applicant(s)/guarantors
    • Acceptable Registered property with 150% of Distress Value.


Required Documents

    • KYC documents 0f applicant(s) and guarantor(s) - Business and Residential.
    • MSME Certificate and all other certificates relevant to the nature if activity.
    • Financial papers along with Min. Two Years ITRs.
    • Audited Balance Sheet wherever applicable.
    • Projections upto loan tenure with satisfactory DSCR.
    • Two acceptable guarantors with acceptable income.
    • Hypothecation of Machinery/Equipment as primary security with collateral security.



Features

    • To finance purchase of Light/Heavy Commercial Vehicles and also Ready Concrete Mixer (RCM) Vehicles
    • Repayment in 60/72 months EMIs
    • Loan upto 75% of the cost of vehicle
    • Rate of Interest and Margin at prevailing rates.
    • Documentation Charges as applicable


Eligibility

    • Borrower's present profile and satisfactory experience in the line of business.
    • CIBIL Score 650 with no Overdue of applicant(s)/guarantors
    • Collateral Acceptable Registered security/property upto 60% of Distress Value of loan amount.


Required Documents

    • KYC documents + PAN Card of applicants and guarantor(s) - Business and Residential.
    • MSME Certificate and all other relevant certificates relevant to the nature of activity
    • Financial papers along with Min Two Years ITRs
    • Audited Balance sheet where ever applicable
    • Projections for next 5/6 years
    • Two acceptable guarantors with acceptable income.
    • Hypothecation of Vehicle shall be registered with RTO.



Features

    • To meet personal needs as well for business convenience
    • 75% of the Invoice Cost or 60% of the Valuation Report/Purchase cost, in case of old four wheeler.
    • Repayment in 60 months EMIs
    • Rate of Interest and Margin at prevailing rate.
    • Documentation Charges as applicable.
    • Concessional Rate of Interest for our existing customers with good track record.


Eligibility

    • Salaried Persons –  Employees of reputed organization/Public sector/Private sector, with good take home salary to meet repayments.
    • Businessmen & Professionals: Business/Practice should have established minimum of two years, with  ITR’s also for at least two years.
    • CIBIL Score 650 with no Overdues of applicant(s)/guarantors.


Required Documents

    • KYC documents + PAN card of applicant(s) and guarantor(s) –  Business and Residential.
    • Financial papers along with Min Two Years ITR’s
    • Audited Balance sheets where ever applicable.
    • Two acceptable guarantors with acceptable income
    • Hypothecation of Vehicle shall be registered with RTO.



Features

    • Scheme for Scholar students to meet their aspiration for higher studies like Engineering, Medicine, IT, IIT, M. Tech etc. in India and Abroad.
    • 75% of the course fees or maximum Rs 20.00 Lakhs in India and Rs 40.00 Lakhs for Abroad
    • Repayment in 60 months, EMI’s to start six months after completion of study or getting job whichever is earlier.
    • Rate of Interest at prevailing rate and concessional for girl child.
    • Loan will be jointly in the name of student and father/mother.
    • Documentation Charges as applicable


Eligibility

    • Admission letter plus fee structure to be obtained from the Education Institution/University and submitted.
    • Visa copy to be submitted in case of loan from Abroad.
    • To provide registered property with 150% of the Distress Value to cover the loan amount.
    • CIBIL Score 650 with no Overdues of applicant(s)/guarantors


Required Documents

    • KYC documents + PAN card of applicant(s) and guarantor(s) –  Business and Residential..
    • Financial papers along with Min Two Years ITR’s
    • Audited Balance sheets whereever applicable.
    • Two acceptable guarantors with acceptable income
    • Property security offered to be Registered Mortgage.



Features

    • As a social responsibility, Scheme is framed to help the financially weak families for marriage of their daughters.
    • Loan amount of Rs 3.00 lakhs to Rs 4.00 Lakhs is provided depending upon the repayment capacity.
    • Repayment in 36/48 months EMI’s
    • Rate of Interest at prevailing rate
    • Loan will be granted to parents
    • Documentation Charges as applicable


Eligibility

    • Financial standing of the family will be enquired
    • Marriage Card to be submitted
    • Two acceptable guarantors to be provided
    • CIBIL record with no Overdues of applicant(s)/guarantors


Required Documents

    • KYC documents + PAN card of applicant(s) and guarantor(s) –Residential.
    • Service or business proof
    • Income proof with Min Two years ITR’s, if filed.
    • Two acceptable guarantors with acceptable income
    • Simple deposit of Property/security, if available.



Features

    • Loan upto 75% of the assessed value to be appraised by the Banks valuer.
    • Maximum loan upto Rs 5.00 lakhs
    • Loan for a maximum period of two years with flexible repayment. Bullet payment is also acceptable.
    • Pre-payment option available.
    • At very attractive rate of interest.
    • Quick disbursal of loan.


Eligibility

    • Gold Loan against gold jewellery only and not against raw gold/gold bars.
    • Undertaking of the ownership of gold to be obtained.


Required Documents

    • KYC documents + PAN card of applicant(s) and guarantor(s) – Residential.
    • Other regular simple documents relating to Gold Loan.



Features

    • Loan upto 85% to 90% of the Book Value. Disbursement same day.
    • Rate of Interest 2% over and above the rate applicable on FDR, If the loan amount is upto Rs 5.00 lakhs and 1 % if the loan amount > Rs 5.00 lakhs against owned FDR + Processing Fee.
    • Rate of Interest 2.50% more if the FDR is of third party irrespective of loan amount + Processing Fee
    • LOAN AGAINST LIC POLICIES :
    • Loan upto 85% of Surrender Value
    • Disbursement after assignment.


Eligibility

    • Loan against  Bank’s FDR’s  only against simple documents.
    • Loan against live LIC policies against simple documents, but after assignment.


Required Documents

    • LOAN AGAINST FDR’s:Simple documents like D.P. Note, D.P. Delivery Letter, Letter of Appropriation, etc.
    • LOAN AGAINST LIC POLICIES: D.P. Note, D.P. Delivery Letter, After receipt of Assigned policies from LIC.


    Bank provides Financial guarantees for various purposes like Tenders, Bid Bond, Security deposit etc. on behalf of our Customers favoring beneficiaries’ e.g. Government, Quasi Govt. bodies, Corporations etc.

Features

    • Cash margin 100% – is subject to change from time to time.
    • Settlement: Original BG to be returned to us after due date with cancellation from the beneficiaries


Eligibility

    • Proprietorship Firm, Partnership Firm, Pvt. Ltd. & Public Ltd. Co.


Required Documents

    • Prime Security: Counter guarantee & charge on assets.
    • Collateral Security: If required, on case to case basis


‘For more information, terms and conditions please contact to nearest Branch
Highlights
ATM Locator

Main Branch

  • Bhawani Saw Mills Compound, Furniture Bazar, Ulhasnagar – 421003
  • Contact:0251-2572101
  • ATM: Yes

Chopra Court Branch

  • Sadoromal Complex, Near Chopra Court, Ulhasnagar – 421003
  • Contact:0251-2721054
  • ATM: Yes

Ulhasnager – 05 Branch

  • B.G. Tilak School Compound, Near Chaliha Sahib Mandir, Ulhasnagar – 421005
  • Contact:0251-2526060
  • ATM: Yes

BKC Branch

  • Mayur Masala Building, Near Bhagar Kanwaram Chowk, Opp. BK No. 950 Sec.22 Ulhasnagar – 421003
  • Contact:0251-2712072/2706170
  • ATM: Yes

Thane Branch

  • Krishna Niwas, Chharapati Shivaji Society, Groud Floor, Plot No F-3, Kopari Colony, Thane (E) – 400603
  • Contact:022-25323675 / 25323513
  • ATM: Yes

Siru Chowk

  • Shop No 879 & 880, Japani Bazar, Near Siru Chowk, Ulhasnagar – 421002
  • Contact:0251-27208215,2721051
  • ATM: Yes

Ulhasnagar - 4

  • Shop no 54-55, Opp. B K Diagnostics, Main Road, Ulhasnagar-421004
  • Contact:0251-2581929,2721050
  • ATM: Yes
Branches

Main Branch

  • Bhawani Saw Mills Compound, Furniture Bazar, Ulhasnagar – 421003
  • Contact:0251-2572101
  • IFSC: NJBK0790001
  • MICR: 400082443
  • Working Hrs: Mon to Sat - 10:30AM to 4:00PM Sun – 10:30AM to 02:30PM
  • Franking Hrs: Mon to Sat - 10:30AM to 5:00PM
  • Holiday: 2nd & 4th Saturday
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Siru Chowk Branch

  • Shop No 879 & 880, Japani Bazar, Near Siru Chowk, Ulhasnagar – 421002
  • Contact:0251-2721051
  • IFSC: NJBK0790002
  • MICR: 400082458
  • Working Hrs: Mon to Sat - 10:30AM to 04:00PM
  • Franking Hrs: -
  • Holiday: All Sundays and 2nd, 4th Saturday
View on Google Map

Chopra Court Branch

  • Sadoromal Complex, Near Chopra Court, Ulhasnagar – 421003
  • Contact:0251-2721054
  • IFSC: NJBK0790003
  • MICR: 400082507
  • Working Hrs: Mon to Sat - 10:30AM to 04:00PM
  • Franking Hrs: -
  • Holiday: All Sundays and 2nd, 4th Saturday
View on Google Map

Ulhasnagar – 01 Branch

  • Guru Plaza, 1st & 2nd Floor, Opp. Police Station, Ulhasnagar – 421001
  • Contact:0251-2721055
  • IFSC: NJBK0790004
  • MICR: 400082589
  • Working Hrs: Mon to Sat - 10:30AM to 04:00PM
  • Franking Hrs: -
  • Holiday: All Sundays and 2nd, 4th Saturday
View on Google Map

Ulhasnagar – 05 Branch

  • B.G. Tilak School Compound, Near Chaliha Sahib Mandir, Ulhasnagar – 421005
  • Contact:0251-2526060
  • IFSC: NJBK0790005
  • MICR: 400082498
  • Working Hrs: Mon to Sat - 10:30AM to 04:00PM
  • Franking Hrs: -
  • Holiday: All Sundays and 2nd, 4th Saturday
View on Google Map

BKC Branch

  • Mayur Masala Building, Near Bhagar Kanwaram Chowk, Opp. BK No. 950 Sec.22 Ulhasnagar – 421003
  • Contact:0251-2712072 / 2706170
  • IFSC: NJBK0790006
  • MICR: 400082627
  • Working Hrs: Mon to Sat - 10:30AM to 04:00PM
  • Franking Hrs: -
  • Holiday: All Sundays and 2nd, 4th Saturday
View on Google Map

Ulhasnagar – 04

  • Shop no 54-55, Opp. B K Diagnostics, Main Road, Ulhasnagar-421004
  • Contact:0251-2721050
  • IFSC: NJBK0790007
  • MICR: 400082546
  • Working Hrs: Mon to Sat - 10:30AM to 04:00PM
  • Franking Hrs: -
  • Holiday: All Sundays and 2nd, 4th Saturday
View on Google Map

Thane Branch

  • Krishna Niwas, Chharapati Shivaji Society, Groud Floor, Plot No F-3, Kopari Colony, Thane (E) – 400603
  • Contact:022-25323675 / 25323513
  • IFSC: NJBK0790008
  • MICR: 400082644
  • Working Hrs: Mon to Sat - 9:00AM to 3:00PM
  • Franking Hrs: Mon to Sat - 10:00AM to 04:00PM
  • Holiday: All Sundays and 2nd, 4th Saturday
View on Google Map
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