Loan | Areacode Service Co-operative Bank

Agricultural Loans

Areekode Service Co-operative Bank offers financial support to the agricultural industry by providing various loans. Farmers from agriculture sectors like horticulture, floriculture, aquaculture, animal husbandry, etc… can avail of these loans for performing everyday operations, purchasing farm machinery, expansion, product marketing, storage purposes, engaging labor for crop cultivation & harvesting, etc… Agricultural loans have comparatively lower interest rates and varying repayment periods. The bank will sanction agricultural loans for applicants having KYC-verified member of Areekode Service Co-operative Bank and submit documents that prove that the disbursed amount is for agricultural purposes.

Non-Agricultural Loans

All loans offered by Areekode Service Co-operative Bank for individuals/businesses except for the agricultural sector are non-agricultural loans. This includes personal loans, business loans, vehicle loans, education loans, housing loans, etc… The interest rate for a non-agricultural loan varies depending on the loan tenure, borrowed principal amount, loan type, and more. Any KYC-verified members can apply for non-agricultural loans with associated documents. The loan amount is sanctioned to individuals either under the surety of ‘A’ 'D' class members or Govt/Aided salaried employees or by mortgaging immovable property of the loanee/guarantor.

Gold Loans

Get instant loan against gold at Areacode Service Co-Operative Bank with safe and secure loan processing on the spot.

Gold Loan ( 6 Months )