The Kannur Dist. Ex-servicemen Multipurpose Co-op: Society Ltd. provides its customers with a wide range of facilities to meet their needs. Every facility has been meticulously planned and provided to ensure that they make the most of them. Not to mention the efficiency with which these facilities are provided and implemented. Take a look at the services we provide:
Business Loan
We have introduced business loans for society members. We provide loans that can be used to cover both planned and unanticipated business expenses. It is a type of unsecured borrowing that you can obtain without putting up any security. By meeting the simple qualifying conditions, you can obtain a business loan of up to Rs. 2 lakh. A list of documents as verification of your business will thereafter be required to be submitted. Your application has been approved, and the loan amount has been deposited into your bank account.
Day Deposit Loan
Do you want funds to be available to you whenever you want or need them, whether it’s a last-minute holiday with your family or an emergency medical treatment? Then you can get a loan against your time deposit without having to break it. If you have an urgent financial need, you can borrow against your Daily Deposit Scheme.
Gold Loan
A gold loan, also known as a loan against gold, is a secured loan that clients may obtain from The Kannur Dist. Ex-servicemen Multipurpose Co-op: Society Ltd. in exchange for gold decorations such as gold jewelry. It is the simplest approach to meet your financial demands and is a viable alternative to obtaining loans through traditional banking channels.s.
You are guaranteed complete customer satisfaction when you take out a gold loan from us. The Kannur Dist. Ex-servicemen Multipurpose Co-op: Society Ltd. provides complete convenience as well as an exceptional experience, with quick loan disbursals and attractive interest rates
Fixed Deposit Loan
If you do not meet the income eligibility criteria or have no other assets to pledge for a secured loan, you can borrow against your fixed deposit. Such loans have an interest rate that is 1% higher than the FD rate and can be repaid in up to 60 months. These loans are typically in the form of an overdraft or a demand loan.
Loan against FD (Fixed Deposit) is a type of secured loan where customers can pledge their fixed deposit as security and get a loan in return. The amount of the loan depends on the FD deposit amount. This can go up to 90% of the deposit amount.
Group Deposit Loan
Loans to groups are provided preferably in the form of cash credit and term loan as per requirement of the groups. Sanction of a cash credit/ overdraft system of lending for a longer operational tenure of 20/30/40 months may therefore be adopted to permit groups to have larger loans in tune with increasing pooled savings. This approach will provide considerable flexibility to the groups in meeting their frequent needs as well as help them in reducing their cost of borrowings.
Surety Loan
We believe in the ambitions of every individual who come to our society. Thus, if you work for the government of India or a public sector undertaking and are searching for a personal loan, you have come to the correct spot. We have exciting personal loan schemes for government employees to meet all of your funding needs, whether it’s for a wedding, travel, medical emergency, your children’s higher education, the purchase of gadgets, or any other reason.
Sukanya Vehicle Loan
The number of female bike enthusiasts in Kerala has steadily increased in recent years. This is a positive development and a shining example of women’s empowerment. Riding motorcycles has always drawn individuals from all walks of life. There are several reasons for this, but the most compelling is the sensation of freedom that a motorcycle can provide to its rider. Women in Kerala are now embracing this concept and purchasing their dream motorcycles.
Vehicle Loan
Vehicle loans are available from The Kannur Dist. Ex-servicemen Multipurpose Co-op: Society Ltd. Get a car loan to buy the automobile of your dreams. You may use our financing to purchase a hatchback, sedan, MUV, SUV, sports vehicle, or luxury automobile. Salary employees, businesspeople, professionals, corporations, as well as NRIs and PIOs, can apply for our vehicle loans. We provide competitive interest rates on auto loans of up to 10 lakh rupees, making our loans an excellent alternative for financing your new car.