OMPRAKASH DEORA PEOPLE’S CO.OP BANK LTD, is registered with DICGC (https://www.dicgc.org.in/)
- 9172046955
- customer.support@odpcbank.com
Loan Account
Business Loan
( Term Loan And Cash Credit)
Loan against Property
Bank Provides Easy Loan Against Property on the basis of
50% of Realisable value of the property or five times of
average income of last three years or 70% of EMI / NMI
Ratio (Inclusive of existing repayment liability) whichever is
lower subject to maximum of Rs.200.00 Lakh to eligible
persons like individual, Firm, Company, AOP for any purpose
other than speculative purpose or money lending purpose.
(For More Details Please Visit Our Nearest
Branch) T&C Applicable
Housing Loan
Bank provide Housing loans (with rating sheet) to Eligible persons,Upto
Rs.140.00 Lac for A) Purchase / Construct a new House/ Flat B) To
purchase an Existing (Old) House / Flat C) To extend an existing house
D) Repair/renovate an existing house/flat E) For purchase of plot &
construction thereon F) Reimbursement of investment made in housing
[for items A-D] from own resources, subject to the
purchase/construction should be within one year. G) Furnishings/
Furniture & fixture as part of the cost to the extent of project cost 10% of
house construction cost or purchase cost of flat may be consider. H)
One or more loans may be granted to an individual if one has the
capacity to repay Subject to maximum of two houses.
(For More Details Please Visit Our Nearest
Branch) T&C Applicable
Gold Loan
Bank Provides Gold Loan to individuals against pledge of Gold
Ornaments. The base rate per gram is decided by bank on monthly
basis and loan is sanctioned to person on the basis of net weight of gold
ornaments considering the base rate.
(For More Details Please Visit Our Nearest
Branch) T&C Applicable
Vehicle Loan
Bank provides the Loan for purchase of Car / Vehicle for Personal use
@80% on the cost of the vehicle. IT Returns of 2 Year, it should be
minimum 0.75 Lacs for 2 wheeler and in case of Car Loan Rs.4.00 Lakh
and above Per year. Agriculture income will be assessed considering
type of land area cropping pattern, cost of cultivation etc.EMI/NMl Ratio
should not exceeds 60% One Guarantor acceptable to Bank. (In case of
car loan) above 25.00 lakh Two Guarantors acceptable.
(For More Details Please Visit Our Nearest
Branch) T&C Applicable
Educational Loan
Bank Provides Education loans for higher Education to eligible
candidate for meeting expenditure for Education in India and Abroad for
eligible candidates. (1) Admission should have secured for higher
education (2) Course should be from recognized institution in India or
abroad (3) Education loan for higher Education after HSC for
Graduation / Post Graduation etc, The Student with earning member of
the family i.e father or mother or brother (guardian)joint.
(For More Details Please Visit Our Nearest
Branch) T&C Applicable
Tearm Loan For Business Purpose
Bank Provides Tearm loan for Business Purpose to purchase
Machinery/ Shop/ Godown/ Construction of premises for own bussiness
puspose/Establishment of Industry/Purchase of commercial vehical etc
to Individual, Propritership firm,Partnership firm, PVT LTD company
etc,to the extent of 75% of project cost, against primary security of
Assets created out of BankFinance.
(For More Details Please Visit Our Nearest
Branch) T&C Applicable
Finance To Government Contractor
Bank Provides Loan to Individual/Firm/Company registered with
government department to Meet There Working captial requirement,
term loan for acquiring Equipement,machinery,Vehical etc.Against
160% of immovable SARFESI Compliant property as colateral securty
acceptable to bank or 110% liquid security. And for term loan
hypotication of assets purchase out of bank finance with charge noting
with registring authority.
(For More Details Please Visit Our Nearest
Branch) T&C Applicable
Warehouse Loan
- Agriculturists and Agro-Traders stores surplus food items like cereals, pulses, grains, soyabeen etc. for a temporary period in NBHC / government warehouse.
- Loan is available against pledge of Godown / Warehouse Receipts of any State Government of Central Government (Bonded) Warehouse OR calculated based on market value.
- Maximum loan exposure is RS 200 Lac.
- Margin to be raised is 25-40 %.
- The applicant has to become the Shareholder / Member of the bank.
(For More Details Please Visit Our Nearest
Branch) T&C Applicable
Loans For Trading & Manufacturing Units
Bank provides working capital loans by way hypothecation/pledge of
goods. Term loans are also given for purchase of equipments,
machineries, construction of factory building etc. to traders and
industrialists as per the needs of the unit. The non fund based facilities
like issuance of Bank Guarantees and Letters of Credit are also
granted. The loans are granted to existing as well as new units. Suitable
security acceptable to the bank is required along with third party
guarantee of two regular members acceptable to the bank.
(For More Details Please Visit Our Nearest
Branch) T&C Applicable
Loans To Professionals
Bank provides loans to professionals & self-employed persons for
purchase of furniture/fixture, equipment’s, construction of hospital etc.
The applicant is required to bring in a margin of 25-30% towards cost of
project. Suitable security acceptable to the bank is required along with
third party guarantee of two regular members acceptable to the bank.
(For More Details Please Visit Our Nearest
Branch) T&C Applicable
Working Capital Limits (Funds Based)
Bank Provides Working Capital Limits to eligible persons by way of
Hypothecation / Pledge of Goods limit to traders and manufacturers.
And Cash Credit Limit to Govt. Contractors, Professionals, Commission
Agents on the basis of their need of funds for business and taking the
adequate collateral security for the said limit.
(For More Details Please Visit Our Nearest
Branch) T&C Applicable