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 |
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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.