Term Loans

This is an ideal product designed for all categories of borrowers to fulfill their business and personal needs. Avail this loan scheme against mortgage of property and repay at fixed equated periodic intervals within the contracted time frame. Benefit from quick processing of the loan and customized features to suit your requirements.

With focus on the industrial, non-industrial borrowers and individuals covered under priority sector, assistance under this scheme is also provided to whole sale traders, medium scale industries, construction contractors, transport companies, and for construction of commercial complexes, etc.

Purpose

For the purchase of machinery and fixed assets by manufacturing units, processing units, etc.

For working capital requirement, construction of industrial sheds, WCTL to facilitate repayment of installments in case of SSI units.

For meeting personal expenses / medical expenses which exceed the limit under personal loans are sanctioned in this category within the framework of RBI guidelines.

Eligibility

The Loans will be sanctioned to individuals, firms, private limited/limited companies, societies, trusts on case to case basis.

Security

Movable and immovable assets valued at 200% of the loan amount

Two acceptable guarantors/co-obligants for the Loan.

Adarsh Bank

Steered by the motto of Safety, Profitability and Liquidity, we at Adarsh Cooperative Urban Bank are into our 21st year of operation and have emerged as the one of the foremost and fast growing Banks in the cooperative banking sector of Andhra Pradesh, commanding a good standing and reputation among customers and banking community.