Thodupuzha Urban Co-Operative Bank

Pigmy deposit loan

Loan against the security of Pigmy Deposit are provided for better convenience to the customers due to their day-to-day transactions.

Applicant details:

• Individuals
• Two or More individuals in their joint names
• Minors represented by the natural guardians
• Proprietary
• concerns/ partnership firms

Terms and Conditions

• Loans upto a maximum of 75% of the balance in the Pigmy account available.
• No processing charges
• Interest to be paid between 1 years.

Salary Recovery Loan

Loan against Salary Per Salary cetificate Rs. 25000/- subject to a maximum of two i.e, 50000/-

Applicant details:

• Opening of saving a/c
• Preparation of Loan Application form
• Two Guaranteers.
• Salary sheet, Income tax form, balance sheet
• Mortgage of vehicle, R.C. T.C. book
• No dues of the other banks.

Long Term Loan

• Maximum 50 Lakhs
• 100 Months

Short Term Loan

• Maximum 2 Lakhs
• 25 Months