ODPC Bank

Opening Hours: Monday To Saturday (Except for the 2nd and the 4th Saturday) between 10am to 4pm

OMPRAKASH DEORA PEOPLE’S CO.OP BANK LTD, is registered with DICGC (https://www.dicgc.org.in/)

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
error: Content is protected !!