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The Kapol Co-operative Bank Ltd., is offering the following various loans and advances
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Type of Facility
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Term Loan (Asset Finance) / ODIP
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Maximum amount
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Rs.800.00 lakhs
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Rate of interest
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16.50% p.a.
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Maximum repayment period
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60 months (max) / yearly review
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EMI for Rs.1.00 lakh
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Rs.2,458/- / N.A. (ODIP)
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Margin
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50% on market value of property
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Eligibility
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Professionals, businessman and self employed
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Purpose
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For development of business
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17% P.A. to the Builder
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Type of Facility
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Term Loan (Machinery)
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Maximum amount
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Rs.800.00 lakhs
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Rate of interest
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- 14.00% p.a. up to Rs.5.00 lakhs
- 15.00% p.a. above Rs.5.00 lakhs
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Maximum repayment period
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60 months (max)
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EMI for Rs.1.00 lakh
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14% P.A.
15% P.A.
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Margin
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25% of value of proforma invoice / Quotation.
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Eligibility
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Professionals, businessman and self employed
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Purpose
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To purchase machinery
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Click here for EMI Calculators
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