Products - ACCB Personal loan :
For casual financial obligations.
For emergency financial requirements.
Faster Processing
Minimum Documentation required
Attractive Interest Rates
Quantum of Loan :
Maximum Rs. Five Lakh.
Rate of Interest :
Interest rate @12.00% p.a. on monthly basis
Repayment Period :
Five years.
Documents required along with duly completed Application Form.
Borrower related document :
Photograph - 1
Photo Identity Proof/Age Proof
Signature Verification Proof
Residence Address Proof.
Income Proof Last three month’s Salary Slip/Copy of Form 16 in case salaried persons.
Copy of last three year’s income tax return along with computation of total income duly by a CA.
Nominal Member Application along with nominal member fee as per bank’s norms.
Bank Statement for last six months of relevant account
Repayment Track record of existing loans / Loan closure letter
Processing Fee
KYC documents of borrower(s) as well as Guarantor(s) - PAN Card, Photo Debit Card, Arms License, Ration Card of the Applicant, Freedom Fighter Pass, Employer Identity Card, etc with the condition that it must contain Name, Photograph and Signature of holder.
Advance EMI cheque(s)
Document related to collateral property for loan exceeding Rs.1,00,000/-
Copy of title documents viz. Sale Agreement, Registry, Allotment Letter/Lease deed
Non-encumbrance certificate.
Valuation of the property or letter of demand.
Loan Documentation
Loan Agreement on stamp paper as per bank's norms.
Guarantee deed on stamp paper as per bank's norms.
Memorandum of deposit of title deeds.
Demand & time Promissory notes.
Letter of continuity.
Usance Certificate.
Letter of undertaking in the prescribed format.
Fixed Deposit receipt as per bank's norms.