|Purpose||Purchase of Personal Computer and Laptop along with accessories./ purchase of Consumers Items Ex: Refrigerators, Washing machine, Furnitures, T.V. etc.|
|Eligibility||All individuals including students, professionals, businessmen, shop-keepers and permanent salaried persons. Borrowers must be a lady.|
|Quantum of Loan||70% of cost, subject to maximum Rs.1,00,000/-|
|Security||1. Hypothecation of Personal computer / Laptop and accessories./ Consumers Items.
2. Third Party Guarantee with worth not less than the quantum of the loan amount.
|Rate of Interest||12% (Floating) or as per Decision of Board from time to time.|
|Processing Charges||Rs.250/- per Loan proposal|
|Repayment Period||36 months|
|Other terms and conditions||
Terms and Conditions apply:
Loan at the sole discretion of The Udaipur Mahila Urban Cooperative Bank Ltd.
All disputes arising out of this scheme shall be decided by the Courts under Udaipur jurisdiction.