- These loan facilities are available only to those who have membership in our co-operative. Applicant’s full name, Address proof, Residential house records, Ph No. and other details.
- Annual income and expenditure of Applicant, 2 suitable guarantee. The shareholder’s stock, collateral, details of the beneficiary, include borrowers and bailiffs.
- The borrower and bondholders are securities (such as certificates of the LIC policy segment, NSC Certificate, realty, variable security, other securities) and consent letter.
- Details of the estimated cost of the purpose for which the loan is applied. 1 or more bail securities and address records that can be obtained by the beneficiary, election card and other documents.
- Borrower’s Liability and Fixed Assets Security and Life Insurance Policy or NSC Certificate securities basis.
- If applicant is Govt. employee then official letter from the payroll officer ensuring the repayment of loan.
- Other documents that the Board of Governors may suggest if necessary.
- Borrowers and Bailiffs are the shareholders and shareholders of Co-operative Bank
