Loans

Our Features

• Quick and easy loan with minimal documentation
• Loan disbursal in 15 minutes
• Loan up to 75% value of gold
• Easy documentation
• Complete safety of your jewellery
• easy payment with multiple modes
• Applicants who are not existing customer of Ottapalam Co operative bank can also avail this facility
• Saves you from paying locker rent

Our Features

• Quick and easy loan with minimal documentation
• Loan disbursal in 15 minutes
• Loan up to 70% value of gold
• Easy documentation
• Complete safety of your jewellery
• easy payment with multiple modes
• Applicants who are not existing customer of Ottapalam Co operative bank can also avail this facility

Our Features

• Quick and easy loan with minimal documentation
• Loan disbursal in 15 minutes
• Loan up to 70% value of gold
• Easy documentation
• Complete safety of your jewellery
• easy payment with multiple modes
• Applicants who are not existing customer of Ottapalam Co operative bank can also avail this facility

Our Features

• Member can avail Overdraft up to 50% of security or collateral
• The facility is offered at minimal documentation and easy-repay feature
• Customers are required to pay interest only on the utilised amount with the freedom to repay the amount anytime without pre-closure charges
• Public can Avail overdraft amount of up to Rs. 10 lakh

Our Features

• All group of active members can avail this facility
• Group Size allowed up to 20.
• Limit shall be to the tune of 1 to 5 times on its savings

• Member can avail Mortgage Loan up to 50% of security or collateral
• maximum limit up to 25 lakh
• Interest calculated on diminishing balance
• You can avail Mortgage loan against a wide range of properties such as under construction property, fully constructed property, freehold residential and commercial properties. However, it must be noted that the property must be free from legal hassle and encumbrances. The borrower must own clear title to the property.
• Mortgage Loan is available for a longer tenure Up to 10 years
• If you are self-employed you also have the privilege of getting this loan options.

• Member can avail Mortgage Loan up to 50% of security or collateral
• maximum limit up to 25 lakh
• Interest calculated on EMI
• You can avail Mortgage loan against a wide range of properties such as under construction property, fully constructed property, freehold residential and commercial properties. However, it must be noted that the property must be free from legal hassle and encumbrances. The borrower must own clear title to the property.
• Mortgage Loan is available for a longer tenure Up to 10 Years
• If you are self-employed you also have the privilege of getting this loan options.

• Hire purchase is an arrangement for buying expensive consumer goods, where the buyer makes an initial down payment and pays the balance plus interest in installments.
• Maximum limit upto 1 Lakh
• Minimal documents required
• Loan is available for a tenure Up to 3 years

• Deposit holders can avail Loan up to 85% of the value of your Deposit
• Zero processing charges
• No prepayment penalties
• No Processing fee

• The limit of the amount of loan shall be 10 times of net salary drawn by the applicant subject to a maximum of Rs 1 Lakh
• Loan tenure up to 60 months
• Only eligible for government and semi government employees who can submit salary certificate under recovery agreement by the drawing officer

• Loan shall be granded to the borrower and two other solvent members.
• Loan is available for a longer tenure Up to 36 months

• We offers this for workers under Kerala Head load Workers Board
• Applicants need to submit an under taking aggrement by the drawing officer
• Maximum Limit up to 1 Lakh
• Loan is available for a longer tenure Up to 60 months
• Interest calculated on diminishing balance

• We offers this scheme for Deposit Holders can avail Overdraft aginst Deposit Receipt
• Maximum Limit up to 85% of deposit Amount

• We offers this for workers under Kerala Head load Workers Board
• Applicants need to submit an under taking aggrement by the drawing officer
• Maximum Limit up to 1 Lakh
• Loan is available for a longer tenure Up to 60 months
• Interest calculated on EMI balance

• Member can avail Housing Loan up to 50% of collateral security / Estimated value of house to be constructed
• maximum limit up to 30 lakh
• Interest calculated on diminishing balance
• Tax benefits
• No prepayment charges
• Repayment Tenure up to 15 years
• Saves you from paying rent

• We offers this scheme for Professional Courses
• only required collateral security
• Loans limit up to Rs 2 lacks
• Repayment shall be monthly installmet from 6 months of completion of the course / getting Job which ever is earlier
• Repayment Tenure up to 60 months