0483 2850237
info@areekodeservicebank.com
IFSC:
ICIC0000103
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Areacode Service Co-operative Bank
അരീക്കോട് സർവ്വീസ് സഹകരണ ബാങ്ക്
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Products
Loan
Ordinary Loan
Ordinary Loan
Purpose
An ordinary loan is a type of business loan offered for the following purposes.
Performing business activities
Purchasing properties,.....
Eligibility
Eligibility
‘A’ or ‘D’ class membership in Areekode Service Co-operative bank
Security - Immovable Property of Loanee / Guarantor
Documents Required
Loan Application
Land Documents ( Aadharam, Adiyadharam, Pattayam)
Possession Certificate
Encumbrance Certificate ( Last 15 Years )
Land Tax Receipts
Certified Location Map From Village Officer
ID Proof of Loanees
Authorized License
Legal Report
2 Copy of Passport Size Photo (Loanee)
Interest Rates & Charges
The bank will sanction a maximum of ₹ 50,00,000 at a 12.00% p.a (monthly remittance) interest rate. The repayment period is 120 months.