Vengara Service Co-operative Bank

Cash Credit Loan

Title	Norms
Purpose	Any purpose including consumption purpose
Eligibility	A/D Class Membership
Limit of Loan	Rs.10,00,000/-
Security	Personal Surety : Maximum Rs. 50,000 Employee Surety : Maximum Rs. 3,00,000 Property : Maximum Rs.10,00,000
Repayment Period	One Year and can be renewed thereafter up to 3 years
Repayment Mode	Interest Repayment: Quarterly
Rate of Interest	12.75 % Penal Interest: 2% extra for default amount
Documents Required	Security Documents