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Below are the loans offered by The Haryana State Co-Operative Apex Bank Ltd
Home Loan
| Sr.No. | Conditions | Requirements |
| 1. | Maximum limit | Limit Rs. 75.00 lacs per employee. |
| 2. | Eligibility | Individual/Business/Govt. employee 50 times of avg. net montly income of last three yrs./50 B.P. + D.A. respectively. |
| 3. | Purposes | For purchase/ construction of house |
| 4. | Repayment | Max. 20 yrs. &/or upto 58 yrs. of age |
| 5. | Margin | 25% |
| 6. | Security | Mortgage of property, two guarantors |
| 7. | Rate of Interest | 8.25% (Fixed ) Public 8.00% (Fixed )(Harcobank staff) |
Car Loan
| Sr.No. | Conditions | Requirements |
| 1. | Maximum limit | Minimum gross monthly salary / pension/ income – Rs.20000/- OR Subject to change from time to time. Maximum Rs. 20.00 Lakhs or 20 times of gross salary whichever is lower. |
| 2. | Eligibility | 2.1 (a) Confirmed / permanent employees of State/Central Govt. and their Boards/ Corporation/ undertakings. (b) Businessmen whose taxable income is more than 4.00 lakh including depreciation as per latest ITR. 2.2 For private use: Individuals. 2.3 Joint borrowers are also eligible, i.e., parent(s)/spouse/ Earning Children. However, out of these only one joint borrower shall be permitted. Further, in case of joint borrowers an option be got exercised to specify the name of the applicant borrower in whose name they want to get the vehicle registered. |
| 3. | Purposes | 1.1) New Car/Van/Jeep/Multi Utility Vehicle (MUV) or Sports Utility Vehicles (SUV) 1.2) Old car/van/jeep/MUV/SUV, which are not older than three years. (only for Harcobank Staff) |
| 4. | Repayment | 5.1 For New Car/Van/Jeep/MUV/SUV: The loan amount together with interest is to be repaid maximum in 84 equated monthly installments comprising of principal and interest commencing from the succeeding month. 5.2 For Old Car/Van/Jeep/ MUV/SUV: The loan amount together with interest is to be repaid maximum in 60 equated monthly installments. 5.3 Repayment to be ensured within 65 years of age subject to regular income of the borrower. 5.4 In case the loan is allowed to joint borrowers, it be ensured that atleast one of the joint borrower(s) is able to repay the loan alongwith interest upto the maximum prescribed age, i.e., within 65 years. |
| 5. | Margin | 4.1 For New Vehicle: 10% of Ex-show room price 4.2 For Old Vehicles: 10% of the value of the vehicle. 4.2.1 (Valuation of old vehicles to be done at current invoice price of the new vehicle less depreciation @ 15% p.a. on straight line method. |
| 6. | Security | Vehicle purchased to be hypothecated to the bank. Name of the branch must be mentioned on the JRC (Joint Registration Certificate) and a BM verified copy of the same to be kept on record. Copy of RC should be submitted by the borrower within three months after that Rs. 2500/- p.m. will be charged as penalty plus taxes if any. |
| 7. | Rate of Interest | Fix rate option |
Personal Loan
| Sr.No. | Conditions | Requirements |
| 1. | Maximum limit | Minimum amount of loan will be Rs.50000/- and maximum amount of loan Rs.15,00,000/- or 15 times monthly net salary whichever is less. |
| 2. | Eligibility | (i) Confirmed Govt. employees of State/Central Govt. (ii) Who are due for retirement in the near future may not be entertained. (iii) The place of posting/working should be Chandigarh/Panchkula. |
| 3. | Purposes | To meet the urgent requirements of personal nature such as education, marriage of children, foreign travel, family functions, medical expenses etc. |
| 4. | Repayment | 60 months or residual service period whichever is less. |
| 5. | Margin | NIL |
| 6. | Security | i. Third Party guarantee of one employee acceptable to the Bank in case where salary account not maintained with Harcobank Branch. ii. Third Party guarantee of one employee or insurance of loan amount in cases where salary account maintained with Harcobank (except Harcobank staff) . iii. The Guarantor(s) CIBIL Score below 600 will not be accepted iv. Advance cheques (PDCs) wherever applicable |
| 7. | Rate of Interest | Fix rate option. |
Seven Schemes
| Sr.No. | Type Of Scheme | Download Form & Detail |
| 1. | Loans against Gold Ornaments/Jewellery |
| 2. | Scheme for purchase of consumer durable | |
| 3. | Cash credit facility to businessmen/Traders against collateral or hypothecation of stock in trade. | |
| 4. | Loans to parents of students pursuing professional degree courses of education like Engineer, Medicine etc. on the basis of the repaying capacity of parents. | |
| 5. | Loans to individuals for purchase of auto-rickshaw Taxi-Cars, Motor Buses, Light Commercial Vehicles, Lorries (within the meaning of Small Transport Operators). | |
| 6. | Temporary overdraft facility to individuals on the basis of credit report/collateral etc. | |
| 7. | Advances against National Savings Certificate (minimum margin of 25%) |
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