Loans
Loans
Personal Loan
For Housing Repairs, Renovations, Medical Expenses, Marriage, Ceremonial Expenses, Repayment of Debts, Other Reasons/Purposes acceptable to Bank etc.
Loans to Salary Earners
Loans to salary earners are given to those, whose salary is credited to their A/c in our Bank.
Cash Credit Loans
Running cash credit a/c renewable every year of satisfactory operation mainly given to businessmen for financing stock-in-trade against hypothecation of stock of goods. In other words the finance is given for working capital requirement.
BUCB Apna Ghar Scheme
This is a loan scheme introduced recently with low interest. A scheme tailor-made for salaried employees, professionals, self-employed and businessmen for construction of residential building which carries lesser rate of interest. The maximum loan amount permissible under this scheme is Rs.10 lakhs. Repayment period allowed is from 5 to 10 years.
Educations Loans
The loan is for the purpose of completion of higher professional courses.
Loan Against Deposit
This loan is given against value of term deposit upto the extent of 75%.
BUCB Car Loan Scheme
This loan scheme is available for purchase Brand new wheelers. Salaried employees, professionals, self employed persons and businessmen can utilise this scheme which carries lesser rate of interest.
Consumer Durable Loans
To purchase consumer durable items like TV, refrigerators, washing machines, mixers, grinders etc., against hypothecation of items purchased.
Govt. Security
This loan is given against securities such as NSCs, surrender of value of LIC policies etc., – 75% of its value is given as loan.
