ADVANCES & LOANS

Kamuthi Cooperative Urban Bank Limited apne members aur customers ko unki personal, professional, business aur livelihood needs ke liye surakshit, transparent aur affordable loan facilities pradan karta hai. Bank ki lending policy safety, repayment capacity, proper documentation aur regulatory compliance par adharit hai. Neeche bank dwara di jaane wali sabhi pramukh loan aur advance facilities ka detailed vivaran diya gaya hai.

1. PERSONAL LOAN

Purpose:
Personal loans individuals ko unki personal avashyaktaon jaise medical expenses, education, marriage, household needs, travel, ya kisi bhi legitimate personal requirement ke liye pradan kiye jaate hain.

Nature & Security:
Yeh loan unsecured ya guarantor ke sath semi-secured hota hai. Repayment borrower ki income aur creditworthiness par adharit hota hai.

Eligibility:
Salaried employees, self-employed professionals aur business persons with regular income.

Required Documents:

• Duly filled loan application form

• Passport size photographs

• KYC documents (Aadhaar, PAN, ID & address proof)

• Income proof (salary slips / ITR)

• Last 6 months bank statement

• Employer certificate / business proof

• Guarantor KYC & income proof (if applicable)

• ECS / NACH mandate or post-dated cheques

• Loan agreement & sanction letter

2. CONSUMER DURABLE LOAN

Purpose:
Household electronic items jaise TV, refrigerator, washing machine, air conditioner, computer, etc. ke purchase ke liye.

Nature & Security:
Goods hypothecation ke through secured loan.

Required Documents:

• Loan application form

• KYC documents

• Income proof

• Bank statement

• Quotation / proforma invoice

• Hypothecation agreement

• Supplier invoice

• ECS / PDCs

• Loan agreement

3. VEHICLE LOANS (Two-Wheeler / Car)

Purpose:
New ya used two-wheeler aur four-wheeler purchase ke liye.

Security:
Vehicle hypothecation in favour of the bank.

Required Documents:

• Loan application form

• KYC & PAN

• Income proof

• Bank statement

• Dealer quotation

• Margin money proof

• Hypothecation agreement

• Registration Certificate (RC) with bank endorsement

• Insurance policy with bank clause

• ECS / PDCs

• Loan agreement

4. COMMERCIAL VEHICLE LOAN

Purpose:
Taxi, auto, goods vehicle, transport vehicles ke purchase ke liye.

Security:
Vehicle hypothecation + guarantee.

Required Documents:

• KYC of borrower

• Business / transport proof

• Income details

• Vehicle quotation

• Route permit & fitness certificate

• Insurance policy

• Hypothecation agreement

• RC endorsement

• Guarantee documents

• Loan agreement

5. HOUSING LOAN

Purpose:
Residential house / flat ke purchase, construction, extension ya renovation ke liye.

Security:
Immovable property mortgage.

Required Documents:

• Loan application form

• KYC of borrower & co-borrower

• Income proof

• Bank statement

• Property title deeds (complete chain)

• Approved building plan

• Valuation report

• Legal opinion

• Encumbrance certificate

• Sale deed

• Mortgage deed

• Property insurance

• Loan agreement

6. LOAN AGAINST PROPERTY (Mortgage Loan)

Purpose:
Business expansion ya personal financial needs ke liye property ke badle loan.

Security:
Residential / commercial property mortgage.

Required Documents:

• Loan application

• KYC & income proof

• Bank statement

• Property title documents

• Valuation report

• Legal opinion

• Encumbrance certificate

• Mortgage deed

• Guarantee (if required)

• Loan agreement

7. EDUCATION LOAN

Purpose:
Higher education (India / Abroad) ke liye tuition fees, books, hostel, etc.

Security:
Parent / guardian co-borrower, collateral as per loan amount.

Required Documents:

• Loan application

• KYC of student & parent

• Admission letter

• Fee structure

• Academic records

• Income proof of parent

• Bank statement

• Co-borrower declaration

• Collateral documents (if applicable)

• Loan agreement

8. GOLD LOAN

Purpose:
Short-term personal or business needs ke liye.

Security:
Gold ornaments pledge.

Required Documents:

• Loan application

• KYC documents

• PAN

• Gold appraisal slip

• Pledge agreement

• Safe custody record

• Loan agreement

9. AGRICULTURAL LOAN

Purpose:
Crop cultivation, seeds, fertilizers, irrigation, dairy, allied activities.

Security:
Land records / crop security / guarantee.

Required Documents:

• Loan application

• KYC of farmer

• Land ownership / lease records

• Patta / RTC / Jamabandi

• Crop details

• Security documents

• Loan agreement

10. MSME / BUSINESS TERM LOAN

Purpose:
Business setup, expansion, machinery purchase, modernization.

Security:
Hypothecation / mortgage + guarantee.

Required Documents:

• Loan application

• KYC of promoters

• Business registration

• PAN & GST

• Financial statements

• ITR

• Bank statement

• Project report

• Quotation of machinery

• Security documents

• Loan agreement

11. CASH CREDIT / WORKING CAPITAL

Purpose:
Daily business working capital requirements.

Security:
Stock & receivables hypothecation.

Required Documents:

• Loan application

• KYC

• Business proof

• Financial statements

• Stock statements

• Hypothecation agreement

• Drawing power calculation

• Renewal documents

• Loan agreement

12. OVERDRAFT FACILITY

Purpose:
Short-term liquidity needs.

Security:
FD / property / salary / guarantee.

Required Documents:

• OD application

• KYC documents

• Security proof

• Lien letter

• OD agreement

• Sanction letter

13. LOAN AGAINST FIXED DEPOSIT

Purpose:
Emergency liquidity against own deposits.

Security:
FD lien.

Required Documents:

• Loan application

• Original FD receipt

• Lien marking letter

• KYC

• Loan agreement

14. BILL DISCOUNTING

Purpose:
Trade receivables ko immediate liquidity dena.

Required Documents:

• Application

• Trade bill / invoice

• Transport documents

• Acceptance by drawee

• Discounting agreement

• Sanction letter

15. BANK GUARANTEE / LETTER OF CREDIT

Purpose:
Business commitments aur contracts ke liye non-fund based support.

Required Documents:

• BG / LC application

• KYC & business proof

• Margin money proof

• Indemnity bond

• Counter guarantee

• Security documents

• Sanction letter