NITHYASHREE SOUHARDA CREDIT CO-OPERATIVE LTD., HADAGALI RATE OF INTEREST ON LOANS & ADVANCES
LOAN TYPE	LIMITATION	CONDITIONS
PIGMY LOAN	UPTO 60 TO 70 THOUSAND ONLY	MINIMUM 3 MONTHS PIGMY TUNOVER WITH society MINIMUM PAYMENT RATIO 1:3
TWO WHEELER	75% OF EX-SHOWROOM PRICE	25% IN ADVANCE 75% LOAN SANCTIONED MINIMUM 2 1/2 YEARS PERIOD
FOUR WHEELER LOAN
PERSONAL LOAN	UPTO 50 TO 75 THOUSAND	MINIMUM 30% FD, REMAINING AS LOAN PERIOD : 1 TO 2 YEARS
SURITY LOAN	UPTO 1 LAKH ONLY	MINIMUM 30% FD WITH TWO GUARANTEES
MORTGAGE LOANS	UPTO 25 LAKHS	MORTGAGE IN THE NAME OF OUR society 20% FD
BUSINESS LOANS	LIMITATION 10 LAKHS DEPENDS ON TURNOVER OF THE PARTY	TURN OVER COPY
AGRICULTURE LOAN	PER ACRE IRRIGATION LAND – 1 LAKH	AS PER THE MANAGEMENT DECISION
CROP LOAN
SET UP HELP GROUPS LOANS	UPTO 1 LAKH FOR 10 MEMBER GROUP 2ND TIME – 2 LAKHS	AS PER THE MANAGEMENT DECISION
HOME LOANS	UPTO 20 LAKHS	AS PER THE MANAGEMENT DECISION

*1% rate of interest more for Commercial Vehicles

Unsecured Loan	Long Term Education Loans
Up to Rs.50,000/-	In Land up to Rs.7.5 Lakhs	Abroad Up to Rs.15 Lakhs
18%	18.00%	18.00%

(1% Rebate for the Prompt payment of All Installments within the due date)

Gold/Over Draft Loans/ Loan on LIC/NSC/KVP
Gold Loans (1 Year/12 Months)	OD on Security(Property)	OD on Loans	Loan on LIC/NSC/KVP (1 Year/12 Months)
Upto 5 lakh @ 18% Above 5 lakhs up to 10 lakh @ 18%	Up to Rs.15 Lakhs @18% Above Rs.15 Lakhs to 40 Lakhs 18% Above Rs.40 Lakhs to 50 Lakhs 18%	18%	18% (Maximum Rs.1 Crore)