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  • Loan / OD against Shares / Debenture / PSU Bond

    The Kapol Co-operative Bank Ltd., is offering the following various loans and advances

    Type of Facility

    Loan / OD against Shares / Debenture / PSU Bond

    Maximum amount

    Rs.5.00 lakhs (Physical shares)
    Rs.10.00 lakhs (Demated shares)

    Rate of interest

    13.50% p.a.

    Maximum repayment period

    24 months (max)

    EMI for Rs.1.00 lakh

    Rs.4,778/- p.m.

    Margin

    50% on market value of demated shares acceptable to the Bank

    Eligibility

    Professionals, businessman, salaried employees and self employed

    Purpose

    For investment in shares & Debentures



    Type of Facility

    • Cash Credit against hypothecation of Stock
      AND / OR Book Debts
    • Bill Discounting

    Maximum amount

    Rs.750.00 lakhs

    Rate of interest

    • 14.00% p.a. up to Rs.5.00 lakhs
    • 15.00% p.a. above Rs.5.00 lakhs

    Maximum repayment period

    Annual review

    Margin

    A)

     

     

     

    B)

    • 40% cost/market price, whichever is lower.
    • 50% of Book Debts not exceeding 90 days

    Bills drawn on reputed Companies. Tenure of Bills not to
    exceed 90 days.

    Eligibility

    Businessman

    Purpose

    For development of business


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