Inspired by the thoughts and work of Chhatrapati Rajarshi Shahu Maharaj, Bhausaheb Shelke, who was working in a specific field like the teaching profession, changed his direction after retirement.
Read MoreWarehouse Loan
Rajashree Shahu Multistate Bank
Warehouse Loan
A warehouse loan is intended to make it easier to store farm products in rural locations. As a result, loans for the construction of warehouses in rural areas are available. For the construction of warehouses for various purposes, banks do offer alternative credit packages. NABARD regulates warehouse loans, which often have lower interest rates than other lending kinds. The current interest rate on this type of loan is from 10.5 to 11.5 per cent.
Warehouse loan interest rate:
Starting from With the down payment of 25% we provide Warehouse loan for a repayment tenure upto ….
Required Document
- Aadhaar Card Xerox
- Voting Card Xerox
- PAN Card Xerox
- Light Bill Xerox
- Ration Card Xerox
- Photo 4
- Savings Account Bank Statement for 6 months
- 2 stamps of Rs.100 each
- Bank Passbook Xerox (Nationalized Bank)
- 100 rupees notarized without putting a check on the stamp
Guarantor 2
- Aadhaar Card Xerox
- Voting Card Xerox
- PAN Card Xerox
- Light Bill Xerox
- Ration Card Xerox
- Photo 4
- Bank Passbook of one Guarantor (Xerox Nationalized Bank)
- 2 checks of one guarantor 100 stamps of one guarantor
- Notarized without putting a stamp cheque
- LIC Policy
Note :- Borrower and both guarantors must have membership and income proofs of the organization
10% reduction in loan amount
Interest Rate :- 15 %
Rate of interest on arrears :- 2 %
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