Kunhimangalam Service Co Operative Bank Ltd
Up to 50,000 on the personal surety of 2members. The loan is issued to a member with a surety of 2 members. Loan give after the approval of the Board of Directors. The present interest rate is 15%. The period of the loan is 1 year. The kunhimangalam Public Servents Co-Op.Society Ltd offers instant personal loans at special interest rates to meet quick cash needs and can be re-paid in comfortable installments. The loans are issued against personal guarantee or guarantee of other persons. The personal loan can also be issued at low interest rates on the basis of the salary recovery certificate.
If a hierarchy of loans needs to be built and time to get the loan is the most crucial factor then loan against jewelry (popularly called gold loans) has to be the number one option. We can give you these loans in one working day - as long as you have proper identity and residence proof - even giving it in with in a hour. The interest rate depends on the circulars issued by the Registrar of Co-Operative Socities. Typically jewelry is an item of personal use and its emotional value is sometime far higher than its market value. If for any reason you are unable to pay pack the loan the lender can sell your jewelry in the market to recover its dues after which you can never get your jewelry back..
Agricultural gold loan can issued to members those who are residing at kunhimangalam Panchayath for agricultural activities, so this loan issued with the tax receipt of land. Minimum of 50cent land is required and maximum of 1 lakh is given as loan.
