We offer loans to corporates and traders to meet their working capital requirements.
We also offer loans for agriculture and agriculture allied activities to farmers.
We offer various categories of loans to meet business requirements of the traders.
To start a business, loans are given for a duration of medium term and long term in the form of term loans which are repayable in equated monthly instalments (EMI).
Cash Credit facility is offered to wholesalers and traders to meet their working capital requirements against the securities pledged or hypothecated to the bank.
To meet temporary mismatches and to provide liberty in the business, we offer overdraft facilities against the securities endorsed to us, which are held in the name of the proprietor/partner.
You may take Loan/Overdraft against Fixed deposit, NSC, LIC and KVP.
You can repay your loan over a period of 12 to 60 months depending upon the maturity of the securities. Overdraft is a running account.
The loan can be paid through ECS channel. Further, you can also pay through a standing instruction by debit to your Subhadra Bank account as per your convenience, however on the maturity date of securities the amount t outstanding would be recovered in full from the maturity proceeds.
In case of overdraft as it is a running account there would be continuous debits/credits and the overdraft facility can be fully repaid from the maturity proceeds of the securities. In case the overdraft facility is further required substitute, securities can be given to the Bank.
You can foreclose/prepay the entire loan outstanding anytime.
We will encourage you to start a Banking relationship with us to get the opportunity of other value added services being offered time to time on respective products. Opening an account with us is mandatory.