|
Lending Loans and Advances to Public
The TAICO Bank provides the following types of financial assistance to Industrial Cooperatives functioning under the administrative control of the Industries Commissioner and Directorate of Industries and Commerce , Chennai – 5.
 |
Term Loan |
 |
Bills Discounting |
 |
Cash Credit |
 |
Bank Guarantee |
It also extends the following loans and advances to the public as well as to the Government staff.
 |
Jewel Loan |
 |
Regular Overdraft |
 |
Tiny/SSI Loan |
 |
House Mortgage Loan |
 |
Loan against pledge of SC / KVP |
 |
House Construction Loan |
 |
Personal Loan |
|
|
Lending Operations for Public
| Type of Loan |
Rate of Interest |
SSI/
Micro &
Tiny |
Term Loan |
|
| Up to Rs.25,000/- |
11.00% |
| Above Rs.25,000/- |
12.00% |
| Cash Credit |
|
| Up to Rs.25,000/- |
11.00% |
| Above Rs.25,000/- |
12.00% |
| Jewel Loan |
12.00% |
| NSC Loan |
11.00% |
| House Mortgage Loan |
14.00% |
| House Building Advance |
14.00% |
| Overdraft |
15.00% |
| Personal Loan |
15.00% |
Address of TAICO Bank
Tamilnadu Industrial Co-op. Bank Ltd. (Head Office)
No:36, South Canal Bank Road,
Raja Annamalaipuram,
Mandavelipakkam,
Chennai – 600 028.
Tel: 91-44- 24618626 / 24951509
Fax: 91-44- 24618623/
Email: taico@dataone.in / taicobank@ymail.com
Source:http://taicobank.com |
