In banking, the "Others" category refers to a collection of specialized or miscellaneous credit products that do not fall under traditional headings like Housing, Vehicle, or Business loans. This includes niche products such as Consumer Durable Loans, Solar Power Loans, Loans for Professionals (Doctors/CA), or Festive Loans. These schemes are typically designed with unique terms and conditions to address specific market gaps or seasonal financial demands of the bank's customers.
Key Features:
- Special discount 1% in rate of interest to lady applicant.
- Special discount in rate of interest to CC / TL takeover scheme upto 8.50% ROI for eligible accounts.
- Bank Guarantee / LC facilities are also available.
- Shed construction loan for green field project is also available.
- Bank is eligible for all type of subsidy scheme.
- Reverse mortgage scheme for senior citizen is also available.
- OD against LIC / KVP / NSC / Bonds is also available at 7.75%.
- Top-up loans for existing borrower at discount rate is available.
- Rate of Interest is reduced subject to availability of higher collateral.
- Additional discount in rate of Interest will be available for liquid collateral security.
