The Nakodar Hindu Urban Coop. Bank Ltd. offers Demand Loan – Personal to meet the immediate financial requirements of individuals. This loan is designed for short- to medium-term personal needs and provides quick access to funds with simple procedures and transparent terms.

Key Features

►  Loan available for immediate personal financial needs

►  Quick processing and timely disbursement

►  Interest charged as per Bank norms

►  Flexible repayment through installments or demand basis

►  Simple documentation and clear terms

►  Personalized service at branch level

Eligibility

►  Salaried employees, pensioners, professionals, and self-employed persons

►  Members of the Bank as per cooperative banking rules

►  Applicants with stable income and satisfactory credit history

Purpose of Loan

►  Medical or emergency expenses

►  Education, marriage, or family functions

►  Household or personal financial requirements

►  Any other genuine personal purpose permitted by Bank policy

Repayment

The loan shall be repayable on demand or in installments within the period stipulated by the Bank. Interest will be charged on the outstanding balance as per applicable rates.

Security

The loan may be secured by personal guarantee, fixed deposit, salary assignment, or any other acceptable security as required by the Bank.