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Bank Loan Schemes

Property

Mortgage Loan Against Property

Term loan against residential / commercial property at low interest for trade, business & professionals.

Quantum

Min ₹1 Lac — As per Bank Exposure

Interest

As per prevailing rate

Property

Mortgage Overdraft Limit Against Property

OD facility against mortgage of property for trade, commerce, business, professionals & self-employed.

Quantum

Min ₹1 Lac — As per Bank Exposure

Interest

Monthly basis (CC/Hyp rate)

Business

Working Capital (C.C.) Limit

Hypothecation limit against stock for trade, commerce & business at low interest.

Quantum

Min ₹1 Lac — As per Bank Exposure

Interest

Prevailing rate (monthly)

Business

Business Loan / C.C. Limit

Working capital / loan against stock for small trade and business with small net worth.

Quantum

₹0.25 Lac – ₹1.00 Lac

Interest

Prevailing rate (monthly)

Housing

Housing Loan

Finance purchase of land, construction or purchase of house/flat, or repair/renovation.

Quantum

Max ₹70 Lac

Interest

Floating (reducing balance, monthly)

Vehicle

Vehicle Loan

Finance for new/second-hand 2/3/4 wheelers for personal, commercial or taxi use.

Quantum

75%–85% of vehicle cost

Interest

As applicable from time to time

Business

Commercial Building / Shop Loan

Purchase or construction of commercial building / shop for self-employed, professionals & businesses.

Quantum

48× monthly income or 4× yearly income

Interest

Prevailing rate (monthly)

UMUCB Scheme

UMUCB Computer / Consumer Loan Scheme

Finance for PC, laptop, accessories & consumer durables. Exclusively for women borrowers.

Quantum

70% of cost — Max ₹1,00,000

Interest

12% (Floating)

UMUCB Scheme

UMUCB Holiday Loan Scheme

Finance travel expenses for pilgrimage, tours, excursions within India or abroad.

Quantum

₹50,000 – ₹2,00,000

Interest

Floating (Board decision)

UMUCB Scheme

UMUCB Education Loan Scheme

Finance higher studies in India or abroad. Mother / Guardian as principal borrower.

Quantum

Max ₹20 Lac (India) / ₹25 Lac (Abroad)

Interest

As per Board decision

UMUCB Scheme

UMUCB Roof Top Solar Plant Loan Scheme

Finance rooftop SPV installation (on-grid / off-grid) for women & institutions.

Quantum

80% of project cost — Max ₹10,00,000

Interest

Floating (Board decision)

UMUCB Scheme

UMUCB Personal Loan

Quick personal finance for salaried employees via salary deduction or PDC.

Quantum

Up to ₹2 Lac (undertaking) / ₹1 Lac (PDC)

Interest

As per Board decision

Specialty

Bank Guarantee

Financial guarantees only. Maturity up to 10 years. Volume limited to 10% of owned resources.

Quantum

As per Bank exposure / Board policy

Interest

N/A

Specialty

Loan Against Bank's Own Deposits

Quick loan against your own FDR without breaking the deposit. Up to 85% of deposit value.

Quantum

Up to 85% of deposit value

Interest

As per Bank norms

Specialty

Advances Against Security of NSC / KVP

Loan against National Savings Certificates or Kisan Vikas Patras government-backed security.

Quantum

Max ₹1 Lac (branch) — above ₹1 Lac: HO sanction

Interest

As per Bank norms

Specialty

Advances Against Life Insurance Policy

Loan against LIC policy surrender value. Policy must be operative for at least 3 years.

Quantum

Max 75% of surrender value — Max ₹1 Lac (branch)

Interest

As per Bank norms