Nagarik Sahakari Bank Ltd., Bhiwandi offers *Staff Loan facilities* to its permanent employees to meet their personal, domestic, and financial needs. These loans are provided at *concessional interest rates* with simplified procedures, ensuring financial well-being and support to our valued staff members.
Types of Staff Loans
1. Personal / Festival Loan
2. Housing Loan
3. Vehicle Loan (Two-Wheeler / Four-Wheeler)
4. Education Loan
5. Computer / Consumer Durable Loan
Eligibility
► Permanent employees of Nagarik Sahakari Bank Ltd., Bhiwandi
► Satisfactory service record
► Completion of minimum service period as per bank norms
Loan Amount
► Based on employee’s salary, designation, length of service, and repayment capacity
► Subject to internal staff loan policies of the Bank
Interest Rate
► Concessional interest rates applicable exclusively for staff
► Rates may vary depending on the type of loan and bank guidelines
Repayment
► Convenient monthly installments
► Recovery through salary deduction
► Flexible repayment tenure as per loan type
Security
► As per bank’s staff loan policy
► May include personal guarantee, hypothecation, or mortgage (where applicable)
Key Benefits
► Lower interest rates
► Minimal documentation
► Quick processing and approval
► Easy repayment through salary deduction
