BRKGB Apna Vahan Rin Yojna
Benefits
- Upto 90% Financing
- Attractive Interest rate
- Quick Processing
- Speedy fund disbursal
- Consumption requirements of farmer household
- BRKGB Apna Vahan Rin Yojna
- BRKGB Two wheeler Rin Yojna
- BRKGB Aawas Rin Yojna
- BRKGB Premium Saral Vyapar Rin Yojna (Trader’s Loan)
- BRKGB Gold Loan Scheme
- BRKGB Premium Sulabh Rin Yojna (Personal Loan)
BRKGB Two wheeler Rin Yojna
Purpose
For purchase of Two wheeler
Eligibility
- Salaried employees
- Businessmen, professionals
- - Total deductions including proposed EMI should not exceed 60% of gross monthly income.
Interest Rate
As per ROI Circular
Most Important Terms & Conditions
Type of facility
Term Loan
Limit
- Max. Rs. 3.00 Lac
Margin
- - For cost of vehicle upto Rs. 2.00 Lakh :- Minimum 10% of cost of vehicle (Ex-showroom price+ Registration Tax+ Insurance)
- - For cost of vehicle above Rs. 2.00 Lakh :- Minimum 15% of cost of vehicle (Ex-showroom price+ Registration Tax+ Insurance)
Guarantee
- - Guarantee of one person having sufficient net worth – If CIBIL of applicant is -1 or less than 701.
Repayment Period
- Max. 60 Monthly Instalments
Credit Information Report
- Bank is authorized to make enquiries from any of the Credit Information Bureau and get the Credit Information Reports. Bank is also authorized to disclose from time to time any information relating to the loan to Credit Bureaus approved by Govt. of India or Reserve Bank of India without any notice to the borrower.
BRKGB Aawas Rin Yojna
Benefits
- Upto 90% Financing
- Attractive Interest rate
- Quick Processing
- Speedy fund disbursal
Purpose
- Construction / Purchase of Residential House/ Flat
- Purchase of Residential Plot of land and Construction of House
- Takeover of Home Loans from other Banks/ HFCs/FIs
- Extension of the existing House/ Additional Construction
- Reimbursement of Expenses
Eligibility
- Individuals singly or jointly including ex-servicemen
Eligibility based on Repayment Capacity
For Salaried:
|
Monthly Income (Based on Last 3 month average) |
Max Allowed Deduction (Based on last month income) |
|
Upto Rs. 20000/- |
40% |
|
Above Rs. 20000/- and Upto Rs. 50000/- |
50% |
|
Above Rs. 50000/- and Upto Rs. 100000/- |
60% |
|
Above Rs. 100000/- and Upto Rs. 200000/- |
65% |
|
Above Rs. 200000/- |
70% |
Note: In case of Govt. /Semi-Govt./ PSU employee last monthly income considered as monthly income.
For Others:
|
Annual Income |
Max Allowed Deduction |
|
Upto Rs. 240000/- |
50% |
|
Above Rs. 240000/- and Upto Rs. 1200000/- |
60% |
|
Above Rs. 1200000/- |
75% |
Eligibility based on Income Criteria For Purchase / Construction of House
Govt./Semi Govt. employee – Max. 60 times of last monthly income.
For others – Max. 5 times of Gross Average Annual Income (other than salaried calculated based on last 2 year income, for salaried calculated based on last year income)
Interest Rate
As per ROI Circular
Most Important Terms & Conditions
Type of facility
Term Loan
Limit
|
If Property is situated in |
Max. limit |
|
Metro & |
Rs. 300.00 Lakh |
|
& Urban Area |
Rs. 200.00 Lakh |
|
Semi Urban Area |
Rs. 100.00 Lakh |
|
Rural Area |
Rs. 25.00 Lakh (for Govt./Semi Govt. Employee Rs. 40.00 Lakh |
|
Sanction Limit |
Margin (Min.) |
LTV Ratio |
|
Upto Rs. 30.00 Lakh |
10% |
90% |
|
Above Rs. 30.00 Lakh & upto Rs. 75.00 Lakh |
20% |
80% |
|
Above Rs. 75.00 Lakh |
25% |
75% |
Repayment Period
- 360 Monthly Instalments (including Moratorium Period)
Credit Information Report
- Bank is authorized to make enquiries from any of the Credit Information Bureau and get the Credit Information Reports. Bank is also authorized to disclose from time to time any information relating to the loan to Credit Bureaus approved by Govt. of India or Reserve Bank of India without any notice to the borrower.
Credit life Insurance
- Group Credit Life Insurance cover for our Home Loan borrowers is available. Such insurance cost can also be financed under Home Loan, within overall eligible loan limit (subject to satisfying LTV norms on the basis of cost of project without insurance cost) The insurance cover is optional and at the cost of borrower by paying single one-time premium.
BRKGB Premium Saral Vyapar Rin Yojna (Trader’s Loan)
Purpose
- For Business Requirements
Eligibility
- Proprietorship Firm / Partnership Firm/ Private Limited Company etc. having business experience of any product/service of minimum 2 years.
- 25% of Projected Sales/Receipts / 30% of Projected Sales/Receipts (if minimum 25% of the sales/receipts is through Digital Mode).
Interest Rate
As per ROI Circular
Most Important Terms & Conditions
Type of facility
Limit
|
If Property is situated in |
Max. limit |
|
Urban Area |
Rs. 500.00 Lakh |
|
Semi Urban Area |
Rs. 300.00 Lakh |
|
Rural Area |
Rs. 100.00 Lakh |
Credit Information Report
- Bank is authorized to make enquiries from any of the Credit Information Bureau and get the Credit Information Reports. Bank is also authorized to disclose from time to time any information relating to the loan to Credit Bureaus approved by Govt. of India or Reserve Bank of India without any notice to the borrower.
BRKGB Gold Loan Scheme
Purpose
- To meet-out Agriculture Needs – Agri Gold Loan
- Any purpose except speculation – Retail Gold Loan
- Financial assistance to existing MSME units (Proprietorship firm only) – MSME Gold Loan
Eligibility
- Applicant must be owner of the gold ornaments/Jewellery.
- The applicant must be local resident of branch area having Saving Bank/Current account in our Bank
- Age of Applicant must be Minimum- 18 Yrs. and Maximum -70 Yrs
Interest Rate
As per ROI Circular
Most Important Terms & Conditions
|
Parameter |
Agri Gold Loan |
Retail Gold Loan |
MSME Gold Loan |
|
Eligibility |
Farmers, engaged in agriculture, cultivating own and /or leased land or engaged in cultivation of crops, in allied activities like Dairy, Poultry, Fisheries, Piggery, Sheep, etc. or who needs investment credit for acquiring farm machinery, undertaking land development, irrigation, horticulture, transportation of Agri produce, etc. |
Any purpose except speculation |
Financial assistance to existing MSME units (Proprietorship firm only) against gold ornaments/jewellery in the name of Proprietor, for fund based requirements for general business purpose and/or augment working capital, acquiring machinery/ equipment/tools for repair/renovation etc. |
|
Minimum Amount |
Rs. 50,000/- |
Rs. 50,000/- |
Rs. 50,000/- |
|
Type of Facility |
• Demand Loan |
• Demand Loan |
• Demand Loan |
|
Margin |
25% on value of gold ornaments |
25% on value of gold ornaments |
25% on value of gold ornaments |
|
Prepayment Charges |
Nil |
Nil |
Nil |
Credit Information Report
- Bank is authorized to make enquiries from any of the Credit Information Bureau and get the Credit Information Reports. Bank is also authorized to disclose from time to time any information relating to the loan to Credit Bureaus approved by Govt. of India or Reserve Bank of India without any notice to the borrower.
BRKGB Premium Sulabh Rin Yojna (Personal Loan)
Purpose
- Every purpose other than speculative purpose
Eligibility
- Confirmed Employees of Central Govt./State Govt./ Govt. Organisations withdrawing Salary through Salary Account in our Bank
- 30 Times of Net Salary Income, Maximum Rs. 20.00 Lakh
- Total deductions including proposed EMI should not exceed 60% of gross monthly income
Interest Rate & Charges
As per ROI Circular
Most Important Terms & Conditions
Type of facility
Term Loan
Limit
- Max. Rs. 20.00 Lac
Guarantee
Guarantee of one person having sufficient net worth – If personal guarantee of PF nominee is not available.
Repayment Period
Max. 84 Monthly Instalments
Credit Information Report
Bank is authorized to make enquiries from any of the Credit Information Bureau and get the Credit Information Reports. Bank is also authorized to disclose from time to time any information relating to the loan to Credit Bureaus approved by Govt. of India or Reserve Bank of India without any notice to the borrower.