Loan Schemes

Cash Credit Loan

The Balaji Urban Co. Op. Credit Society Ltd. Business loans will give you a helping hand meet all your Business requirements. We provide Business Loan for Self Employed including Individual Proprietors, Private Ltd. Co. and Partnership Firms involved in the Business of Manufacturing, Trading or Services.


Interest Rate

Interest rate applicable is 16% per annum.

Document Required
For the Applicant and 3 guarantor

BUSINESS PERSON
1. PHOTO
2. PAN CARD
3. PHOTO ID PROOF
4. RATION CARD OR ADDRESS PROOF
5. RENEWED COPY OF SHOP ACT LICENSE
6. BALANCE SHEET AND PROFIT & LOSS ACCOUNT
7. COPY OF SARAL / RETURN FILED IN INCOME TAX DEPT
8. COPY OF ACCOUNT STATEMENT WITH OTHER BANKS
9. NOC FROM PREVIOUS BANKERS
10. DOCUMENTS RELATED TO PURPOSE OF LOAN
11. LATEST STOCK STATEMENT
12. COPY OF INSURANCE OF THE SHOP & STOCK
13. VALUATION REPORT
14. SEARCH REPORT
15. REGISTERED MORTAGE

Home Loan

The Balaji Urban Co. Op. Credit Society Ltd. offers affordable and flexible housing loans that can turn your dream of owning a home into reality. We have products to suit every budget, taste and need. Whether you are self-employed or salaried, want a floating or fixed rate, The Balaji Urban Co. Op. Credit Society Ltd. will offer a loan that is just right for you.


Interest Rate

Interest rate applicable is 16% per annum.

Document Required
for the applicant and both the guarantors

SALARIED PERSONBUSINESS PERSON

1. PHOTO

1. PHOTO

2. PAN CARD

2. PAN CARD

3. PHOTO ID PROOF

3. PHOTO ID PROOF

4. RATION CARD OR ADDRESS PROOF

4. RATION CARD OR ADDRESS PROOF

5. LATEST SALARY SLIP (FOR 3 MONTHS)

5. LATEST SALARY SLIP (FOR 3 MONTHS)

6. PASS BOOK XEROX OR STATEMENT OF SALARY ACCOUNT

6. BALANCE SHEET AND PROFIT & LOSS ACCOUNT (3 YEARS)

7.DOCUMENTS RELATED TO PURPOSE OF LOAN

7.COPY OF SARAL / RETURN FILED IN INCOME TAX DEPT (3 YEARS)

8. FORM NO 49A

8.COPY OF ACCOUNT STATEMENT WITH OTHER BANKS (IF ANY)

9. SALARY DEDUCTION CERTIFICATE

9.NOC FROM PREVIOUS BANKERS (IF MIGRATING)

10. FORM NO 16 (LAST 3 YEAR)

10.DOCUMENTS RELATED TO PURPOSE OF LOAN


Interest Rate

Interest rate applicable is 16% per annum.


Vehicle Loan

Society provides loans for purchase of two wheelers. The applicant is required to bring in a margin of 40% towards the cost of the vehicle. The loan is required to be repaid within a maximum period of 2.5 years. Personal guarantee of two regular or nominal members acceptable to the Society is required.


Interest Rate

Interest rate applicable is 16% per annum.

Document Required
for the applicant and both the guarantors

SALARIED PERSONBUSINESS PERSON

1. PHOTO

1. PHOTO

2. PAN CARD

2. PAN CARD

3. PHOTO ID PROOF

3. PHOTO ID PROOF

4. RATION CARD OR ADDRESS PROOF

4. RATION CARD OR ADDRESS PROOF

5. LATEST SALARY SLIP (FOR 3 MONTHS)

5. LATEST SALARY SLIP (FOR 3 MONTHS)

6. PASS BOOK XEROX OR STATEMENT OF SALARY ACCOUNT

6. BALANCE SHEET AND PROFIT & LOSS ACCOUNT (3 YEARS)

7. QUOTATION OF THE VEHICLE

7. COPY OF SARAL/ RETURN FILED IN INCOME TAX DEPT (3 YEARS)

8. RTO APPROVED DULY EXECUTED TTO SET

8. COPY OF ACCOUNT STATEMENT WITH OTHER BANKS (IF ANY)

9. ORIGINAL RECEIPT OF THE BOOKING AMOUNT PAID

9. QUOTATION OF THE VEHICLE

10. INCOME CERTIFICATE

10. RTO APPROVED DULY EXECUTED TTO SET

11. ABOVE 1 LAC. LAST 3 YEAR IT RETURN REQUIRED

11. ORIGINAL RECEIPT OF THE BOOKING AMOUNT PAID


Interest Rate

Interest rate applicable is 16% per annum.


Personal Loans

Interest Rate

Interest rate applicable is 16% per annum.

Document Required
for the applicant and both the guarantors

  1. Application form
  2. Photograph
  3. Age proof
  4. ID proof
  5. Income proof
  6. Bank statement
  7. Residence proof
  8. Signature verification proof


Interest Rate

Interest rate applicable is 16% per annum.


Loans Against Ware House Receipts

The Balaji Urban Co. Op. Credit Society Ltd. own godown situated at MIDC area Chikhali Their Capacity of 31000 metric tone. Society provides loans to customers against pledge of warehouse receipts of society’s own godowns. Loan up to 60 to 70% of the present value of goods pledged is granted.


Documents Required

KYC documents, 7/12 or goods stock license.


Interest Rate

Interest rate applicable is 16% per annum.


Gold Loan

The Balaji Urban Co. Op. Credit Society Ltd. provides loan to individuals against pledge of gold ornaments. The loan is granted @ Rs.2000 per gram which is subject to changes made by the society from time to time. The loan is required to be repaid within a period of 11 months.


Documents Required

KYC documents and purchase bill.


Interest Rate

Interest rate applicable is 16% per annum.