The Kalupur commercial co-op bank Ltd.

Nature of facility is Term Loan (EMI Only).

Basically this product is launched for following groups :

Existing Customers :
- Associated with our Bank for last 3 years.
- Having satisfactory banking relationship
- CIBIL Score 650 & above
New Customers :
- Existing Borrowers or Depositors associated with our Bank for last 3 years and CIBIL Score 750 & above.
- Any Borrowers or Depositors of other Bank, who are having satisfactory dealing with their existing bank and CIBIL Score 750 & above.

Loan For :
- Personal needs other than for the purpose of speculation, gambling and such undesired activities not encouraged by bank.
Loan Amount :
- Min. : Rs. 25000/-
- Max. : Rs. 5 Lakh
Nature of Facility :
- Term Loan (EMI Only)
- EMI/NMI Ratio :
  - 50 % Average income of last 2 years
  - No Deviation in EMI/NMI ration will be allowed
Margin : NIL
Tenure : 12 to 60 months
Share Linking : 2 % of loan amount
Personal Guarantee :
- Applicant having CIBIL Score of 700 & above , Guarantor having CIBIL Score -1 or 0 will be accepted.
- Need to provide ITR for last 2 years and income is satisfactory.
Processing fees : Flat Processing Charges of Rs. 1000/- + GST

Any Salaried persons / Professional /Self Employed /Businessmen :
- Having min. 3 years of service
- Having salary income /ITR for last 2 years
No deviation for CIBIL Score (for both Existing & New customers) to be allowed.
Age Limit : 21 – 65 years
For salaried : 3 years before retirement

For Applicant :

2 Copies of Pan Card & Aadhaar Card
Address Proof (Any 2 from Latest Light Bill & Tax Bill, Election Card,Driving License / Passport )
5 passport size photographs
Income Proof for Salaried :
- Last 3 Year I T return with computation of Total Income
- Last 1 year Bank Statement
- Last 3 months Salary Slip
Income Proof for Businessman :
- Last 3 Year I T return with Statement of Income, P&L & Balance Sheet
- Business Proof like Gumasta, Professional Tax, GST Certificate, Partnership Deed, Drug License, Other Proof
- Bank Statement for Current Account

For Guarantors: (Two Guarantors)

Copy of PAN Card
Copy of Address Proof
3 Passport Size photographs
Income Proof for Salaried :
- Last 3 years I T return with computation of Total Income
- Last 1 year Bank Statement
- Last 3 months Salary Slip
Income Proof for Businessman :
- Last 3 years I T return with Statement of Income, P&L & Balance Sheet