|
Business Loans Term loans given for business purposes against security of land, building, hypothecation of stock-in-trade etc.
|
|
Jewel Loans Loans given against security of ornaments for various purposes against the security of gold ornaments.
|
| |
|
Vehicle Loans For the purchase of new as well as old vehicles against hypothecation of vehicle to be purchased.
|
|
Mortgage Loans This is a loan given for the purpose of construction of building against security of the land and building. |
| |
|
Machinery Loans This loan is given for purchase machinery etc., for workshop or to set up an industry etc. |
|
Boat Loans To purchase new or old boat against security of boat to be purchased. |
| |
|
Personal Loans This is a clean loan given to employees, small businessmen in order to fulfill their commitments against security of two respectable sureties. |
|
Loans against Govt. Security This loan is given against securities such as NSCs, surrender of value of LIC policies etc., - 75% of its value is given as loan. |
| |
|
Consumer Durable Loans To purchase consumer durable items like TV, refrigerators, washing machines, mixers, grinders etc., against hypothecation of items purchased.
|
|
BUCB Car Loan Scheme This loan scheme is available for purchase Brand new wheelers. Salaried employees, professionals, self employed persons and businessmen can utilise this scheme which carries lesser rate of interest. |
| |
|
Loans against Term Deposits This loan is given against value of term deposit upto the extent of 75%. |
|
Educations Loans The loan is for the purpose of completion of higher professional courses. |
| |
|
BUCB Apna Ghar Scheme (Housing Loan) This is a loan scheme introduced recently with low interest. A scheme tailor-made for salaried employees, professionals, self-employed and businessmen for construction of residential building which carries lesser rate of interest. The maximum loan amount permissible under this scheme is Rs.10 lakhs. Repayment period allowed is from 5 to 10 years. |
|
Cash Credit Loans Running cash credit a/c renewable every year of satisfactory operation mainly given to businessmen for financing stock-in-trade against hypothecation of stock of goods. In other words the finance is given for working capital requirement.
|
| |
|
Loans to salary earners Loans to salary earners are given to those, whose salary is credited to their A/c in our Bank. |
|